Business Analytics Using R A Practical Approach

Learn the fundamental aspects of the business statistics, data mining, and machine learning techniques required to understand the huge amount of data generated by your organization. This book explains practical business analytics through examples, covers the steps involved in using it correctly, and shows you the context in which a particular technique does not make sense. Further, Practical Business Analytics using R helps you understand specific issues faced by organizations and how the solutions to these issues can be facilitated by business analytics. This book will discuss and explore the following through examples and case studies: An introduction to R: data management and R functions The architecture, framework, and life cycle of a business analytics project Descriptive analytics using R: descriptive statistics and data cleaning Data mining: classification, association rules, and clustering Predictive analytics: simple regression, multiple regression, and logistic regression This book includes case studies on important business analytic techniques, such as classification, association, clustering, and regression. The R language is the statistical tool used to demonstrate the concepts throughout the book. What You Will Learn • Write R programs to handle data • Build analytical models and draw useful inferences from them • Discover the basic concepts of data mining and machine learning • Carry out predictive modeling • Define a business issue as an analytical problem Who This Book Is For Beginners who want to understand and learn the fundamentals of analytics using R. Students, managers, executives, strategy and planning professionals, software professionals, and BI/DW professionals.

This book illustrates how data can be useful in solving business problems. It explores various analytics techniques for using data to discover hidden patterns and relationships, predict future outcomes, optimize efficiency and improve the performance of organizations. You’ll learn how to analyze data by applying concepts of statistics, probability theory, and linear algebra. In this new edition, both R and Python are used to demonstrate these analyses. Practical Business Analytics Using R and Python also features new chapters covering databases, SQL, Neural networks, Text Analytics, and Natural Language Processing. Part one begins with an introduction to analytics, the foundations required to perform data analytics, and explains different analytics terms and concepts such as databases and SQL, basic statistics, probability theory, and data exploration. Part two introduces predictive models using statistical machine learning and discusses concepts like regression, classification, and neural networks. Part three covers two of the most popular unsupervised learning techniques, clustering and association mining, as well as text mining and natural language processing (NLP). The book concludes with an overview of big data analytics, R and Python essentials for analytics including libraries such as pandas and NumPy. Upon completing this book, you will understand how to improve business outcomes by leveraging R and Python for data analytics. What You Will Learn Master the mathematical foundations required for business analytics Understand various analytics models and data mining techniques such as regression, supervised machine learning algorithms for modeling, unsupervised modeling techniques, and how to choose the correct algorithm for analysis in any given task Use R and Python to develop descriptive models, predictive models, and optimize models Interpret and recommend actions based on analytical model outcomes Who This Book Is For Software professionals and developers, managers, and executives who want to understand and learn the fundamentals of analytics using R and Python.

Applied Linear Regression for Business Analytics with R introduces regression analysis to business students using the R programming language with a focus on illustrating and solving real-time, topical problems. Specifically, this book presents modern and relevant case studies from the business world, along with clear and concise explanations of the theory, intuition, hands-on examples, and the coding required to employ regression modeling. Each chapter includes the mathematical formulation and details of regression analysis and provides in-depth practical analysis using the R programming language.

"Business analytics has become an inseparable part of decision-making in every field of a business. This book introduces R programming language and provides a series of practice-based exercises and labs designed for students who are trying to master their decision-making and analytical skills. These exercises and labs intend to teach the students the basics of descriptive statistics, linear and nonlinear optimization, genetic algorithms, linear and nonlinear regression, classification, clustering, and association rule mining. The covered topics are explained using several business problems, such as production scheduling, resource allocation, customer classification and market segmentation, sales predictions, and market basket analysis, to name a few."--Page 4 of cover.

This book constitutes the proceedings of the third International Conference on Data Stream and Mining and Processing, DSMP 2020, held in Lviv, Ukraine*, in August 2020. The 36 full papers presented in this volume were carefully reviewed and selected from 134 submissions. The papers are organized in topical sections of ​hybrid systems of computational intelligence; machine vision and pattern recognition; dynamic data mining & data stream mining; big data & data science using intelligent approaches. *The conference was held virtually due to the COVID-19 pandemic.

Data Mining for Business Analytics: Concepts, Techniques, and Applications in R presents an applied approach to data mining concepts and methods, using R software for illustration Readers will learn how to implement a variety of popular data mining algorithms in R (a free and open-source software) to tackle business problems and opportunities. This is the fifth version of this successful text, and the first using R. It covers both statistical and machine learning algorithms for prediction, classification, visualization, dimension reduction, recommender systems, clustering, text mining and network analysis. It also includes: Two new co-authors, Inbal Yahav and Casey Lichtendahl, who bring both expertise teaching business analytics courses using R, and data mining consulting experience in business and government Updates and new material based on feedback from instructors teaching MBA, undergraduate, diploma and executive courses, and from their students More than a dozen case studies demonstrating applications for the data mining techniques described End-of-chapter exercises that help readers gauge and expand their comprehension and competency of the material presented A companion website with more than two dozen data sets, and instructor materials including exercise solutions, PowerPoint slides, and case solutions www.dataminingbook.com Data Mining for Business Analytics: Concepts, Techniques, and Applications in R is an ideal textbook for graduate and upper-undergraduate level courses in data mining, predictive analytics, and business analytics. This new edition is also an excellent reference for analysts, researchers, and practitioners working with quantitative methods in the fields of business, finance, marketing, computer science, and information technology.

The study of the acoustic and vibrational characteristics of musical instruments in terms of their mechanical behavior, sound emission, and characteristics started thousands of years ago, and among the physicists and mathematicians that addressed this matter, we should at least recognize Leonardo da Vinci, with his experimental water organ, and Ernst Chladni, who discovered nodal patterns on rigid surfaces such as soundboards. The growing awareness of our intangible cultural heritage and the need to better understand our roots in the field of music have contributed to increasing the efforts to extend our knowledge in this field, defining new physical parameters, extending the analysis to other musical instruments, and developing new methods to synthesize sound from musical instruments using a simple keyboard.

This book intends to provide an overview of Machine Learning and its algorithms & models with help of R software. Machine learning forms the basis for Artificial Intelligence which will play a crucial role in day to day life of human beings in the near future. A basic understanding of machine learning is required, as its application is widely seen in different fields such as banks and financial sectors, manufacturing, aviation, transportation and medical field. The book covers machine learning classification algorithms such as K-Nearest Neighborhood, Naïve Bayes, Decision Trees and also Artificial Neural Networks and Support Vector Machines. It is recommended to refer author’s book on Application of Statistical Tools in Biomedical Domain: An Overview with Help of Software (https://www.amazon.com/dp/1986988554) and Essentials of Bio-Statistics: An overview with the help of Software https://www.amazon.com/dp/B07GRBXX7D if you need to familiarize yourself with the basic statistical knowledge. Editor International Journal of Statistics and Medical Informatics www.ijsmi.com/book.php Amazon link https://www.amazon.com/dp/1790122627 (Paper Back) https://www.amazon.com/dp/B07KQSN447 (Kindle Edition)