Applying Predictive Analytics

Predictive Analytics    |    Beginner
  • 14 videos | 1h 25m 57s
  • Includes Assessment
  • Earns a Badge
Rating 3.9 of 139 users Rating 3.9 of 139 users (139)
This 13-video course explores machine learning predictive analytics, and how its application can drive revenues, reduce costs, and provide a competitive advantage to businesses. Learners will observe the predictive modeling process and how to apply tools and techniques for performing predictive analytics, and how to use historical data to identify trends and patterns to forecast future events. First, you will learn about the predicative modeling process, the statistical concepts for predictive modeling, and regression techniques. This course uses two examples to demonstrate commonly used methods of predictive analytics, by examining decision trees and SVMs (support vector machines). Next, you will learn about survival analysis, market basket analysis, and how to apply data for cluster models. You will learn about random forests in predictive analytics, and you will examine probabilistic graphical models. Learn about classification models, and how to organize data into groups based on predicting the class of the data points. Finally, you will explore some best practices for predictive modeling.

WHAT YOU WILL LEARN

  • Describe predictive analytics is and where it is applicable
    Recognize the predictive modeling process, including how to explore and understand data, prepare for and model data, and evaluate and deploy the model
    Identify methods for random sampling and use hypothesis testing, chi-square tests, and correlation
    Recognize common model categories and analytical techniques
    Use decision trees and support vector machines for predictive analytics
    Use survival analysis to predict and analyze customer churn
    Use market basket analysis to perform predictive analysis
  • Apply data clustering models to perform predictive analysis
    Apply random forests for predictive analytics
    Use naive bayes classifiers for predictive analytics
    Use logistic regression for predictive analytics
    Describe best practices in predictive modeling
    Apply models to perform predictive analytics

IN THIS COURSE

  • 1m 34s
  • 3m 16s
    Upon completion of this video, you will be able to describe what predictive analytics is and where it is applicable. FREE ACCESS
  • Locked
    3.  The Predictive Modeling Process
    4m
    After completing this video, you will be able to recognize the predictive modeling process, including how to explore and understand data, prepare for and model data, and evaluate and deploy the model. FREE ACCESS
  • Locked
    4.  Statistical Concepts for Predictive Modeling
    5m 36s
    Learn how to identify methods for random sampling and use hypothesis testing, Chi-square tests, and correlation. FREE ACCESS
  • Locked
    5.  Regression Techniques for Predictive Analytics
    5m 55s
    Upon completion of this video, you will be able to recognize common model categories and analytical techniques. FREE ACCESS
  • Locked
    6.  Commonly Used Models for Predictive Analytics
    9m 49s
    In this video, you will use Decision Trees and Support Vector Machines for predictive analytics. FREE ACCESS
  • Locked
    7.  Survival Analysis for Customer Churn
    5m 4s
    In this video, learn how to use Survival Analysis to predict and analyze customer churn. FREE ACCESS
  • Locked
    8.  Market Basket Analysis
    9m 18s
    In this video, learn how to use Market Basket Analysis to perform predictive analysis. FREE ACCESS
  • Locked
    9.  Data Clustering Models
    6m 56s
    In this video, you will apply data clustering models to perform predictive analysis. FREE ACCESS
  • Locked
    10.  Random Forests
    6m 31s
    In this video, you will learn how to use random forests for predictive analytics. FREE ACCESS
  • Locked
    11.  Probabilistic Graphical Models
    7m
    Learn how to use Naive Bayes classifiers for predictive analytics. FREE ACCESS
  • Locked
    12.  Classification Models
    7m 1s
    In this video, you will learn how to use logistic regression for predictive analytics. FREE ACCESS
  • Locked
    13.  Best Practices for Predictive Modeling
    5m 32s
    After completing this video, you will be able to describe best practices for predictive modeling. FREE ACCESS
  • Locked
    14.  Exercise: Applying Predictive Analytics Models
    8m 24s
    Learn how to apply models to perform predictive analytics. FREE ACCESS

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.

Digital badges are yours to keep, forever.

YOU MIGHT ALSO LIKE

Course Predictive Analytics: Identifying Machine Failures
Rating 4.6 of 8 users Rating 4.6 of 8 users (8)
Book Fundamentals of Predictive Analytics with JMP, Third Edition
Course Systems Engineering Process: System Analysis & Modeling
Rating 5.0 of 2 users Rating 5.0 of 2 users (2)

PEOPLE WHO VIEWED THIS ALSO VIEWED THESE

Course Developing Your Critical Thinking and Cognitive Flexibility
Rating 4.4 of 1900 users Rating 4.4 of 1900 users (1900)
Course Developing Emotional Intelligence
Rating 4.5 of 10122 users Rating 4.5 of 10122 users (10122)
Course Becoming a Continuous Learner
Rating 4.4 of 2189 users Rating 4.4 of 2189 users (2189)