Predictive Analytics Essential Training: Data Mining
1h 57mIntermediate2024-11-20
Authors

Keith McCormick
Data Miner, Trainer, Speaker, Author
Course details
Are you a data science practitioner, looking to develop or enhance your skills in predictive analysis and data mining? This course provides several “big picture” insights, via instructor Keith McCormick, a veteran practitioner who has completed dozens of real-world projects. Keith begins by introducing you to key definitions and processes that you will need to complete the course successfully. He steps you through defining the problem you need your predictive analysis to address, then focuses on how to make sure you meet the data requirements and how good data preparation improves your data mining projects. Keith dives into the skill sets and resources that you need and the problems you will face. Then he goes over the steps to find the solution and put it to work with probabilities, propensities, missing data, meta modeling, and much more. Keith finishes up with detailed explanations of CRISP-DM and Tom Khabaza’s nine laws of data mining, plus Tom’s new 10th law.
Skills covered
Data ModelingData AnalysisEssential TrainingData ScienceBusiness Analysis and StrategyBusiness Software and Tools
Concepts
0. Introduction
- 01 - Data mining and predictive analytics
- 02 - Data mining s relevance in the age of AI
1. What Is Data Mining and Predictive Analytics
- 03 - Introducing the essential elements
- 04 - Defining data mining
- 05 - Introducing CRISP-DM
2. Problem Definition
- 06 - Beginning with a solid first step - Problem definition
- 07 - Framing the problem in terms of a micro-decision
- 08 - Why every model needs an effective intervention strategy
- 09 - Evaluate a project's potential with business metrics and ROI
- 10 - Translating business problems into data mining problems
3. Data Requirements
- 11 - Understanding data requirements
- 12 - Gathering historical data
- 13 - Meeting the flat file requirement
- 14 - Determining your target variable
- 15 - Selecting relevant data
- 16 - Hints on effective data integration
- 17 - Understanding feature engineering
- 18 - Developing your craft
4. Resources You Will Need
- 19 - Skill sets and resources that you'll need
- 20 - Compare machine learning and statistics
- 21 - Assessing team requirements
- 22 - Budgeting sufficient time
- 23 - Working with subject matter experts
5. Problems You Will Face
- 24 - Anticipating project challenges
- 25 - Addressing missing data
- 26 - Addressing organizational resistance
- 27 - Addressing models that degrade
6. Finding the Solution
- 28 - Preparing for the modeling phase tasks
- 29 - Searching for optimal solutions
- 30 - Seeking surprise results
- 31 - Establishing proof that the model works
- 32 - Embracing a trial and error approach
7. Putting the Solution to Work
- 33 - Preparing for the deployment phase
- 34 - Using probabilities and propensities
- 35 - Understanding meta modeling
- 36 - Understanding reproducibility
- 37 - Preparing for model deployment
- 38 - How to approach project documentation
8. The Nine Laws of Data Mining
- 39 - CRISP-DM and the laws of data mining
- 40 - Understanding CRISP-DM
- 41 - Advice for using CRISP-DM
- 42 - Understanding the nine laws of data mining
- 43 - Understanding the first and second laws
- 44 - Understanding the data preparation law
- 45 - Understanding the laws about patterns
- 46 - Understanding the insight and prediction laws
- 47 - Understanding the value law
- 48 - Understanding why models change
Conclusion
- 49 - Next steps
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