Exploratory Data Analysis in Business and Economics

Exploratory Data Analysis in Business and Economics

Author: Thomas Cleff

Publisher: Springer Science & Business Media

Published: 2013-11-12

Total Pages: 234

ISBN-13: 3319015176

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In a world in which we are constantly surrounded by data, figures, and statistics, it is imperative to understand and to be able to use quantitative methods. Statistical models and methods are among the most important tools in economic analysis, decision-making and business planning. This textbook, “Exploratory Data Analysis in Business and Economics”, aims to familiarise students of economics and business as well as practitioners in firms with the basic principles, techniques, and applications of descriptive statistics and data analysis. Drawing on practical examples from business settings, it demonstrates the basic descriptive methods of univariate and bivariate analysis. The textbook covers a range of subject matter, from data collection and scaling to the presentation and univariate analysis of quantitative data, and also includes analytic procedures for assessing bivariate relationships. It does not confine itself to presenting descriptive statistics, but also addresses the use of computer programmes such as Excel, SPSS, and STATA, thus treating all of the topics typically covered in a university course on descriptive statistics. The German edition of this textbook is one of the “bestsellers” on the German market for literature in statistics.


Data Analysis for Business, Economics, and Policy

Data Analysis for Business, Economics, and Policy

Author: Gábor Békés

Publisher: Cambridge University Press

Published: 2021-05-06

Total Pages: 741

ISBN-13: 1108483011

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A comprehensive textbook on data analysis for business, applied economics and public policy that uses case studies with real-world data.


Exploratory Data Analytics for Healthcare

Exploratory Data Analytics for Healthcare

Author: R. Lakshmana Kumar

Publisher: CRC Press

Published: 2021-12-23

Total Pages: 307

ISBN-13: 1000527018

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Exploratory data analysis helps to recognize natural patterns hidden in the data. This book describes the tools for hypothesis generation by visualizing data through graphical representation and provides insight into advanced analytics concepts in an easy way. The book addresses the complete data visualization technologies workflow, explores basic and high-level concepts of computer science and engineering in medical science, and provides an overview of the clinical scientific research areas that enables smart diagnosis equipment. It will discuss techniques and tools used to explore large volumes of medical data and offers case studies that focus on the innovative technological upgradation and challenges faced today. The primary audience for the book includes specialists, researchers, graduates, designers, experts, physicians, and engineers who are doing research in this domain.


Contemporary Issues in Exploratory Data Mining in the Behavioral Sciences

Contemporary Issues in Exploratory Data Mining in the Behavioral Sciences

Author: John J. McArdle

Publisher: Routledge

Published: 2013-08-15

Total Pages: 496

ISBN-13: 1135044090

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This book reviews the latest techniques in exploratory data mining (EDM) for the analysis of data in the social and behavioral sciences to help researchers assess the predictive value of different combinations of variables in large data sets. Methodological findings and conceptual models that explain reliable EDM techniques for predicting and understanding various risk mechanisms are integrated throughout. Numerous examples illustrate the use of these techniques in practice. Contributors provide insight through hands-on experiences with their own use of EDM techniques in various settings. Readers are also introduced to the most popular EDM software programs. A related website at http://mephisto.unige.ch/pub/edm-book-supplement/offers color versions of the book’s figures, a supplemental paper to chapter 3, and R commands for some chapters. The results of EDM analyses can be perilous – they are often taken as predictions with little regard for cross-validating the results. This carelessness can be catastrophic in terms of money lost or patients misdiagnosed. This book addresses these concerns and advocates for the development of checks and balances for EDM analyses. Both the promises and the perils of EDM are addressed. Editors McArdle and Ritschard taught the "Exploratory Data Mining" Advanced Training Institute of the American Psychological Association (APA). All contributors are top researchers from the US and Europe. Organized into two parts--methodology and applications, the techniques covered include decision, regression, and SEM tree models, growth mixture modeling, and time based categorical sequential analysis. Some of the applications of EDM (and the corresponding data) explored include: selection to college based on risky prior academic profiles the decline of cognitive abilities in older persons global perceptions of stress in adulthood predicting mortality from demographics and cognitive abilities risk factors during pregnancy and the impact on neonatal development Intended as a reference for researchers, methodologists, and advanced students in the social and behavioral sciences including psychology, sociology, business, econometrics, and medicine, interested in learning to apply the latest exploratory data mining techniques. Prerequisites include a basic class in statistics.


Exploratory Data Analysis Using Fisher Information

Exploratory Data Analysis Using Fisher Information

Author: Roy Frieden

Publisher: Springer Science & Business Media

Published: 2010-05-27

Total Pages: 375

ISBN-13: 1846287774

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This book uses a mathematical approach to deriving the laws of science and technology, based upon the concept of Fisher information. The approach that follows from these ideas is called the principle of Extreme Physical Information (EPI). The authors show how to use EPI to determine the theoretical input/output laws of unknown systems. Will benefit readers whose math skill is at the level of an undergraduate science or engineering degree.


Hands-On Exploratory Data Analysis with Python

Hands-On Exploratory Data Analysis with Python

Author: Suresh Kumar Mukhiya

Publisher: Packt Publishing Ltd

Published: 2020-03-27

Total Pages: 342

ISBN-13: 178953562X

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Discover techniques to summarize the characteristics of your data using PyPlot, NumPy, SciPy, and pandas Key FeaturesUnderstand the fundamental concepts of exploratory data analysis using PythonFind missing values in your data and identify the correlation between different variablesPractice graphical exploratory analysis techniques using Matplotlib and the Seaborn Python packageBook Description Exploratory Data Analysis (EDA) is an approach to data analysis that involves the application of diverse techniques to gain insights into a dataset. This book will help you gain practical knowledge of the main pillars of EDA - data cleaning, data preparation, data exploration, and data visualization. You’ll start by performing EDA using open source datasets and perform simple to advanced analyses to turn data into meaningful insights. You’ll then learn various descriptive statistical techniques to describe the basic characteristics of data and progress to performing EDA on time-series data. As you advance, you’ll learn how to implement EDA techniques for model development and evaluation and build predictive models to visualize results. Using Python for data analysis, you’ll work with real-world datasets, understand data, summarize its characteristics, and visualize it for business intelligence. By the end of this EDA book, you’ll have developed the skills required to carry out a preliminary investigation on any dataset, yield insights into data, present your results with visual aids, and build a model that correctly predicts future outcomes. What you will learnImport, clean, and explore data to perform preliminary analysis using powerful Python packagesIdentify and transform erroneous data using different data wrangling techniquesExplore the use of multiple regression to describe non-linear relationshipsDiscover hypothesis testing and explore techniques of time-series analysisUnderstand and interpret results obtained from graphical analysisBuild, train, and optimize predictive models to estimate resultsPerform complex EDA techniques on open source datasetsWho this book is for This EDA book is for anyone interested in data analysis, especially students, statisticians, data analysts, and data scientists. The practical concepts presented in this book can be applied in various disciplines to enhance decision-making processes with data analysis and synthesis. Fundamental knowledge of Python programming and statistical concepts is all you need to get started with this book.


Statistics and Data Analysis for Financial Engineering

Statistics and Data Analysis for Financial Engineering

Author: David Ruppert

Publisher: Springer

Published: 2015-04-21

Total Pages: 736

ISBN-13: 1493926144

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The new edition of this influential textbook, geared towards graduate or advanced undergraduate students, teaches the statistics necessary for financial engineering. In doing so, it illustrates concepts using financial markets and economic data, R Labs with real-data exercises, and graphical and analytic methods for modeling and diagnosing modeling errors. These methods are critical because financial engineers now have access to enormous quantities of data. To make use of this data, the powerful methods in this book for working with quantitative information, particularly about volatility and risks, are essential. Strengths of this fully-revised edition include major additions to the R code and the advanced topics covered. Individual chapters cover, among other topics, multivariate distributions, copulas, Bayesian computations, risk management, and cointegration. Suggested prerequisites are basic knowledge of statistics and probability, matrices and linear algebra, and calculus. There is an appendix on probability, statistics and linear algebra. Practicing financial engineers will also find this book of interest.


Data Science for Business and Decision Making

Data Science for Business and Decision Making

Author: Luiz Paulo Favero

Publisher: Academic Press

Published: 2019-04-11

Total Pages: 1246

ISBN-13: 0128112174

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Data Science for Business and Decision Making covers both statistics and operations research while most competing textbooks focus on one or the other. As a result, the book more clearly defines the principles of business analytics for those who want to apply quantitative methods in their work. Its emphasis reflects the importance of regression, optimization and simulation for practitioners of business analytics. Each chapter uses a didactic format that is followed by exercises and answers. Freely-accessible datasets enable students and professionals to work with Excel, Stata Statistical Software®, and IBM SPSS Statistics Software®. - Combines statistics and operations research modeling to teach the principles of business analytics - Written for students who want to apply statistics, optimization and multivariate modeling to gain competitive advantages in business - Shows how powerful software packages, such as SPSS and Stata, can create graphical and numerical outputs


Exploratory Data Analysis with MATLAB

Exploratory Data Analysis with MATLAB

Author: Wendy L. Martinez

Publisher: CRC Press

Published: 2010-12-16

Total Pages: 525

ISBN-13: 1439812217

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Since the publication of the bestselling first edition, many advances have been made in exploratory data analysis (EDA). Covering innovative approaches for dimensionality reduction, clustering, and visualization, Exploratory Data Analysis with MATLAB®, Second Edition uses numerous examples and applications to show how the methods are used in practice. New to the Second Edition Discussions of nonnegative matrix factorization, linear discriminant analysis, curvilinear component analysis, independent component analysis, and smoothing splines An expanded set of methods for estimating the intrinsic dimensionality of a data set Several clustering methods, including probabilistic latent semantic analysis and spectral-based clustering Additional visualization methods, such as a rangefinder boxplot, scatterplots with marginal histograms, biplots, and a new method called Andrews’ images Instructions on a free MATLAB GUI toolbox for EDA Like its predecessor, this edition continues to focus on using EDA methods, rather than theoretical aspects. The MATLAB codes for the examples, EDA toolboxes, data sets, and color versions of all figures are available for download at http://pi-sigma.info


Applied Statistics and Multivariate Data Analysis for Business and Economics

Applied Statistics and Multivariate Data Analysis for Business and Economics

Author: Thomas Cleff

Publisher: Springer

Published: 2019-07-10

Total Pages: 488

ISBN-13: 303017767X

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This textbook will familiarize students in economics and business, as well as practitioners, with the basic principles, techniques, and applications of applied statistics, statistical testing, and multivariate data analysis. Drawing on practical examples from the business world, it demonstrates the methods of univariate, bivariate, and multivariate statistical analysis. The textbook covers a range of topics, from data collection and scaling to the presentation and simple univariate analysis of quantitative data, while also providing advanced analytical procedures for assessing multivariate relationships. Accordingly, it addresses all topics typically covered in university courses on statistics and advanced applied data analysis. In addition, it does not limit itself to presenting applied methods, but also discusses the related use of Excel, SPSS, and Stata.