Applying predictive analytics: finding value in data
- 2nd
- Cham Springer 2022
- xv, 274 p.
Table of contents: Front Matter Pages i-xv Download chapter PDF Introduction to Predictive Analytics Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 1-26 Know Your Data: Data Preparation Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 27-54 What Do Descriptive Statistics Tell Us Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 55-85 Predictive Models Using Regression Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 87-121 The Second of the Big 3: Decision Trees Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 123-144 The Third of the Big 3: Neural Networks Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 145-173 Model Comparisons and Scoring Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 175-198 Finding Associations in Data Through Cluster Analysis Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 199-232 Text Analytics: Using Qualitative Data to Support Quantitative Results Richard V. McCarthy, Mary M. McCarthy, Wendy Ceccucci Pages 233-254
The new edition of this textbook presents a practical, updated approach to predictive analytics for classroom learning. The authors focus on using analytics to solve business problems and compares several different modeling techniques, all explained from examples using the SAS Enterprise Miner software. The authors demystify complex algorithms to show how they can be utilized and explained within the context of enhancing business opportunities. Each chapter includes an opening vignette that provides real-life examples of how business analytics have been used in various aspects of organizations to solve issues or improve their results. A running case provides an example of a how to build and analyze a complex analytics model and utilize it to predict future outcomes. The new edition includes chapters on clusters and associations and text mining to support predictive models. An additional case is also included that can be used with each chapter or as a semester project.