syllabus. we covered regression in applied stats. we will review regression and cover time series...
TRANSCRIPT
Syllabus
We covered Regression in Applied Stats.
We will review Regression and cover Time Series and Principle Components Analysis.
Reference Book
Reference Book
Probabilities
1 2 3 4 5 6
1 2 3 4 5 6 7
2 3 4 5 6 7 8
3 4 5 6 7 8 9
4 5 6 7 8 9 10
5 6 7 8 9 10 11
6 7 8 9 10 11 12
Probability Distribution
Conditional Probability & Bayesian Networks
Linear Regression
More Regression
• Interaction (Non-Linear)
• Structural Equation Modeling• Moderation• Mediation
• Advanced• Lasso• Ridge• Regularized
No
YesNo
Yes
Longitudinal & Time Series
Cro
ss-S
ecti
onal
&
Pan
el D
ata
PEW Mobile Phone
Galton Children Height
Census
Stock Market
Historical River Levels
Old Faithful
Web Analytics
Titanic Survivors
Bank Loans
plot(stl(beer,s.window="periodic"))
Time Series
Datasets: Training and Test
Develop Model Using Training Dataset and Apply to Test Data
Bank Loan
Decision Trees
Principle Components Analysis & Factor Analysis
Here 13 variables are reduced to 4.
Peop
le
Variables
Cluster Analysis
Customers are grouped by common characteristics
Peop
le
Variables Variable/Dimension Reduction
Principle Components Analysis & Factor Analysis
Tom BradyNot Tom Brady
Machine Learning
Same Data, Different Algorithms
• One aspect of Predictive Modeling is comparing the performance of various models towards then choosing the one which performs best
“Combine predictions from multiple, complementary models… one model’s strengths compensating for the weaknesses of others.”
Ensembles of People and Approaches
Text Mining / Sentiment Analysis
Social Network Analysis
Conditional Probability & Bayesian Networks