Machine learning —also known as data mining or predictive analytics— is a fundamental part of data science. It is used by organizations in a wide variety of arenas to turn raw data into actionable information.Machine Learning for Business Analytics: Concepts, Techniques, and Applications in Analytic Solver Data Mining provides a comprehensive introduction and an overview of this methodology. The fourth edition of this best-selling textbook covers both statistical and machine learning algorithms for prediction, classification, visualization, dimension reduction, rule mining, recommendations, clustering, text mining, experimentation, time series forecasting and network analytics. Along with hands-on exercises and real-life case studies, it also discusses managerial and ethical issues for responsible use of machine learning techniques.This fourth edition of Machine Learning for Business Analytics also includes:An expanded chapter focused on discussion of deep learning techniquesA new chapter on experimental feedback techniques including A/B testing, uplift modeling, and reinforcement learningA new chapter on responsible data scienceUpdates and new material based on feedback from instructors teaching MBA, Masters in Business Analytics and related programs, undergraduate, diploma and executive courses, and from their studentsA full chapter devoted to relevant case studies with more than a dozen cases demonstrating applications for the machine learning techniquesEnd-of-chapter exercises that help readers gauge and expand their comprehension and competency of the material presentedA companion website with more than two dozen data sets, and instructor materials including exercise solutions, slides, and case solutionsThis textbook is an ideal resource for upper-level undergraduate and graduate level courses in data science, predictive analytics, and business analytics. It is also an excellent reference for analysts, researchers, and data science practitioners working with quantitative data in management, finance, marketing, operations management, information systems, computer science, and information technology.
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