Predictive Analytics for Business using R

Russell R Barton
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Russell R Barton: The Pennsylvania State University, USA

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: The fields of mathematical statistics, statistical graphics, computer science and operations research have created the rich set of methods now called Analytics. Often analytics is characterized along three poles: descriptive analytics (what do data tell us), predictive analytics (what can be forecast based on the data, and with what certainty), and prescriptive analytics (how can the data inform changes to improve system performance).

Keywords: Predictive Analytics; Business Analytics; Business Intelligence; Predictive Modeling; Modeling Techniques; Machine Learning; Regression; ANOVA; Forecasting; Neural Networks; Nonlinear Regression; Gaussian Process; Time Series; Discrete-Event Simulation; Cross-Validation; Regression Diagnostics; R Programming (search for similar items in EconPapers)
JEL-codes: C44 C53 D7 (search for similar items in EconPapers)
Date: 2024
ISBN: 9789811293771
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