Workshop:
The Best and the Worst of Predictive Analytics: Predictive Modeling Methods and Common Data Mining MistakesInstructor:John F. Elder IV, Chief Scientist, Elder Research, Inc.
Intended Audience: Interested in the true nuts and bolts.A free copy of John Elder`s book Statistical Analysis and Data Mining Applications is included.Knowledge Level: Familiar with the basics of predictive modeling.Attendees will receive an electronic copy of the course notes via USB drive.
Workshop DescriptionPredictive analytics has proven capable of enormous returns across industries – but, with so many core methods for predictive modeling, there are some tough questions that need answering:How do you pick the right one to deliver the greatest impact for your business, as applied over your data?What are the best practices along the way?And how do you avoid the most treacherous pitfalls?
This one-day session surveys standard and advanced methods for predictive modeling.
Dr. Elder will describe the key inner workings of leading algorithms, demonstrate their performance with business case studies, compare their merits, and show you how to pick the method and tool best suited to each predictive analytics project. Methods covered include classical regression, decision trees, neural networks, ensemble methods, uplift modeling and more.
For more information:http://www.predictiveanalyticsworld.com/sanfrancisco/2011/predictive_modeling_methods.php
For inquiries e-mail
[email protected] or call (717) 798-3495.
