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Statistical and Machine-Learning Data Mining:: Techniques for Better Predictive Modeling and Analysis of Big Data, Third Edition

Autor Bruce Ratner
en Limba Engleză Paperback – 30 iun 2020
Interest in predictive analytics of big data has grown exponentially in the four years since the publication of Statistical and Machine-Learning Data Mining: Techniques for Better Predictive Modeling and Analysis of Big Data, Second Edition. In the third edition of this bestseller, the author has completely revised, reorganized, and repositioned the original chapters and produced 13 new chapters of creative and useful machine-learning data mining techniques. In sum, the 43 chapters of simple yet insightful quantitative techniques make this book unique in the field of data mining literature.


What is new in the Third Edition:







  • The current chapters have been completely rewritten.







  • The core content has been extended with strategies and methods for problems drawn from the top predictive analytics conference and statistical modeling workshops.







  • Adds thirteen new chapters including coverage of data science and its rise, market share estimation, share of wallet modeling without survey data, latent market segmentation, statistical regression modeling that deals with incomplete data, decile analysis assessment in terms of the predictive power of the data, and a user-friendly version of text mining, not requiring an advanced background in natural language processing (NLP).







  • Includes SAS subroutines which can be easily converted to other languages.




As in the previous edition, this book offers detailed background, discussion, and illustration of specific methods for solving the most commonly experienced problems in predictive modeling and analysis of big data. The author addresses each methodology and assigns its application to a specific type of problem. To better ground readers, the book provides an in-depth discussion of the basic methodologies of predictive modeling and analysis. While this type of overview has been attempted before, this approach offers a truly nitty-gritty, step-by-step method that both tyros and experts in the field can enjoy playing with.
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Specificații

ISBN-13: 9780367573607
ISBN-10: 0367573601
Pagini: 690
Dimensiuni: 178 x 254 mm
Greutate: 0.45 kg
Ediția:3
Editura: CRC Press
Colecția Chapman and Hall/CRC

Cuprins

Preface to Third Edition


Preface of Second Edition


Acknowledgments


Author



1. Introduction



2. Science Dealing with Data: Statistics and Data Science


3. Two Basic Data Mining Methods for Variable Assessment


4. CHAID-Based Data Mining for Paired-Variable Assessment


5. The Importance of Straight Data Simplicity and Desirability for Good Model-Building Practice


6. Symmetrizing Ranked Data: A Statistical Data Mining Method for Improving the Predictive Power of Data


7. Principal Component Analysis: A Statistical Data Mining Method for Many-Variable Assessment


8. Market Share Estimation: Data Mining for an Exceptional Case


9. The Correlation Coefficient: Its Values Range between Plus and Minus 1, or Do They?


10. Logistic Regression: The Workhorse of Response Modeling


11. Predicting Share of Wallet without Survey Data


12. Ordinary Regression: The Workhorse of Profit Modeling


13. Variable Selection Methods in Regression: Ignorable Problem, Notable Solution


14. CHAID for Interpreting a Logistic Regression Model


15. The Importance of the Regression Coefficient


16. The Average Correlation: A Statistical Data Mining Measure for Assessment of Competing Predictive Models and the Importance of the Predictor Variables


17. CHAID for Specifying a Model with Interaction Variables


18. Market Segmentation Classification Modeling with Logistic Regression


19. Market Segmentation Based on Time-Series Data Using Latent Class Analysis


20. Market Segmentation: An Easy Way to Understand the Segments


21. The Statistical Regression Model: An Easy Way to Understand the Model


22. CHAID as a Method for Filling in Missing Values


23. Model Building with Big Complete and Incomplete Data


24. Art, Science, Numbers, and Poetry


25. Identifying Your Best Customers: Descriptive, Predictive, and Look-Alike Profiling


26. Assessment of Marketing Models


27. Decile Analysis: Perspective and Performance


28. Net T-C Lift Model: Assessing the Net Effects of Test and Control Campaigns


29. Bootstrapping in Marketing: A New Approach for Validating Models


30. Validating the Logistic Regression Model: Try Bootstrapping


31. Visualization of Marketing Models: Data Mining to Uncover Innards of a Model


32. The Predictive Contribution Coefficient: A Measure of Predictive Importance


33. Regression Modeling Involves Art, Science, and Poetry, Too


34. Opening the Dataset: A Twelve-Step Program for Dataholics


35. Genetic and Statistic Regression Models: A Comparison


36. Data Reuse: A Powerful Data Mining Effect of the GenIQ Model


37. A Data Mining Method for Moderating Outliers Instead of Discarding Them


38. Overfitting: Old Problem, New Solution


39. The Importance of Straight Data: Revisited


40. The GenIQ Model: Its Definition and an Application


41. Finding the Best Variables for Marketing Models


42. Interpretation of Coefficient-Free Models


43. Text Mining: Primer, Illustration, and TXTDM Software


44. Some of My Favorite Statistical Subroutines




Index

Recenzii

"I bought your book as it seemed to have the right mixture of statistical theory, practice, and common sense – finally! You can find the first often; the second occasionally; but the third, esp. in combination with the first two – never. I cannot thank you enough, Bruce! You are brilliant at assimilating, stating the underlying principles of analyses." ~Sandra Hendren, Sr. Lecturer, Harvard"Bruce Ratner’s recent 3rd edition of "Statistical and Machine-Learning Data Mining" is the best I’ve seen in my long career. It provides insightful methods for data mining, and innovative techniques for predictive analytics. The book is a valuable resource for experienced and newbie data scientists. Bruce’s book is my new data science bible. It is written in a clear style, and is an enjoyable read as it includes historical notes, which flow with the material." ~Jack Theurer, President, G. Theurer Assoc. Inc.
"Your book has been very helpful when I was reviewing the manual for the Automatic Linear Modeling (ALM) in SPSS. It offers many insightful perspectives to use for future ALM features and improvements. This book is an excellent contribution to the literature of statistics, data mining, and machine learning. Thank you, Bruce." ~Patrick Yan, PhD, Professor, Arizona State Univ.
"I heard one of my instructors in Coursera mention Bruce Ratner’s new book "Statistical and Machine-Learning Data Mining" during an online chat when he became tired of answering questions." ~Mike Richardson, Head of Hardware, Smartfrog, Inc.

Descriere

The third edition of a bestseller, Statistical and Machine-Learning Data Mining: Techniques for Better Predictive Modeling and Analysis of Big Data is still the only book, to date, to distinguish between statistical data mining and machine-learning data mining.