Course

Course Summary
Credit Type:
Course
ACE ID:
STAT-0063
Organization's ID:
601
Organization:
Location:
Online
Length:
4 weeks
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Predictive Modelling
Description

Objective:

The course objective is to introduce the basic concepts in predictive analytics, also called predictive modeling, the most prevalent form of data mining. This course covers the two core paradigms that account for most business applications of predictive modeling: classification and prediction. Students learn how to explore and visualize data to get a preliminary idea of what variables are important, and how they relate to one another. Four machine learning techniques are used: k-nearest neighbors, classification, and regression trees (CART), and Bayesian classifiers. Students then learn how to combine different models to obtain results that are better than any of the individual models produce on their own. The course also covers the use of partitioning to divide the data into training data (data used to build a model), validation data (data used to assess the performance of different models, or, in some cases, to fine tune the model) and test data (data used to predict the performance of the final model).

Learning Outcomes:

  • Specify and implement models with k-nearest-neighbor, naive Bayes, classification, and tegression trees.
  • Partition data to provide an assessment basis for predictive models.
  • Visualize and explore data to better understand relationships among variables.
  • Choose and implement appropriate performance measures for predictive models.
  • Understand how ensemble models improve predictions.

General Topics:

  • Supervised Learning
  • Classification and Prediction
  • Bayesian Classifiers and CART
  • Ensembles
Instruction & Assessment

Instructional Strategies:

  • Discussion
  • Lectures
  • Practical Exercises
  • Textbook readings

Methods of Assessment:

  • Other
  • Quizzes
  • Capstone case study project, graded practical exercises, and discussion forums

Minimum Passing Score:

80%
Supplemental Materials