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Summary 1BM110 Data Analytics for Business Intelligence Lecture notes

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Notice! These notes are unstructured and have not been checked afterwards. Hence the low price. No notes of lecture 6, since the transcript is written in de notes of de slides.

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Contents
1BM110 Lecture notes...........................................................................................................................2
Lecture 1................................................................................................................................................2
Lecture 2................................................................................................................................................3
Data preprocessing............................................................................................................................3
Lecture 3 Guest lecture.........................................................................................................................4
Lecture 4................................................................................................................................................6
Reinforcement learning.....................................................................................................................6
Unsupervised learning.......................................................................................................................6
Supervised learning...........................................................................................................................8
Experimental setup............................................................................................................................8
Lecture 5 Supervised learning................................................................................................................9
Regression.........................................................................................................................................9
Classification models.......................................................................................................................10
Ensemble methods..........................................................................................................................11
Performance measurement.............................................................................................................12
Lecture 7 Guest lecture........................................................................................................................13
Guidelines & methods.....................................................................................................................13
Deep learning...................................................................................................................................14
Amber car........................................................................................................................................15
Lessons learned...............................................................................................................................15
Lecture 8 Text mining..........................................................................................................................16
CRISP-DM.........................................................................................................................................16
Modelling.........................................................................................................................................17

, 1BM110 Lecture notes
Lecture 1
Conventional decision support -> emphasis on deduction:

 Premise: Every swan I have seen is white.
 Conclusion: All swans are white.

BI-> emphasis on induction:

 premise A:all men are mortal
 premise B: Pete is a men
 Conclusion: Pete is mortal.

BI: data-driven decision support

emphasis on induction

Data-> model -> decision

Business/data analytics: degree of intelligence

 Descriptive analytics: use data to understand the past and current performance. What is
going on, what has happened using the data collected.
o Reporting, dashboards, summarization, visualization
o Segmentation: clustering
 Predictive analytics: analyse the past performance in order to predict the future. What will
occur?
o Regression & classification
o Associate rule
o Text mining: unstructured data
 Prescriptive analytics: what should occur?
o Optimization techniques
o Mathematical optimization models: heuristics

Maturity & ambition level matrix

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