Data Mining and Decision Support

Data Mining and Decision Support

Author: Dunja Mladenic

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 284

ISBN-13: 1461502861

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Data mining deals with finding patterns in data that are by user-definition, interesting and valid. It is an interdisciplinary area involving databases, machine learning, pattern recognition, statistics, visualization and others. Decision support focuses on developing systems to help decision-makers solve problems. Decision support provides a selection of data analysis, simulation, visualization and modeling techniques, and software tools such as decision support systems, group decision support and mediation systems, expert systems, databases and data warehouses. Independently, data mining and decision support are well-developed research areas, but until now there has been no systematic attempt to integrate them. Data Mining and Decision Support: Integration and Collaboration, written by leading researchers in the field, presents a conceptual framework, plus the methods and tools for integrating the two disciplines and for applying this technology to business problems in a collaborative setting.


Business Intelligence

Business Intelligence

Author: Carlo Vercellis

Publisher: John Wiley & Sons

Published: 2011-08-10

Total Pages: 314

ISBN-13: 1119965470

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Business intelligence is a broad category of applications and technologies for gathering, providing access to, and analyzing data for the purpose of helping enterprise users make better business decisions. The term implies having a comprehensive knowledge of all factors that affect a business, such as customers, competitors, business partners, economic environment, and internal operations, therefore enabling optimal decisions to be made. Business Intelligence provides readers with an introduction and practical guide to the mathematical models and analysis methodologies vital to business intelligence. This book: Combines detailed coverage with a practical guide to the mathematical models and analysis methodologies of business intelligence. Covers all the hot topics such as data warehousing, data mining and its applications, machine learning, classification, supply optimization models, decision support systems, and analytical methods for performance evaluation. Is made accessible to readers through the careful definition and introduction of each concept, followed by the extensive use of examples and numerous real-life case studies. Explains how to utilise mathematical models and analysis models to make effective and good quality business decisions. This book is aimed at postgraduate students following data analysis and data mining courses. Researchers looking for a systematic and broad coverage of topics in operations research and mathematical models for decision-making will find this an invaluable guide.


Data Mining and Statistics for Decision Making

Data Mining and Statistics for Decision Making

Author: Stéphane Tufféry

Publisher: John Wiley & Sons

Published: 2011-03-23

Total Pages: 738

ISBN-13: 0470979283

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Data mining is the process of automatically searching large volumes of data for models and patterns using computational techniques from statistics, machine learning and information theory; it is the ideal tool for such an extraction of knowledge. Data mining is usually associated with a business or an organization's need to identify trends and profiles, allowing, for example, retailers to discover patterns on which to base marketing objectives. This book looks at both classical and recent techniques of data mining, such as clustering, discriminant analysis, logistic regression, generalized linear models, regularized regression, PLS regression, decision trees, neural networks, support vector machines, Vapnik theory, naive Bayesian classifier, ensemble learning and detection of association rules. They are discussed along with illustrative examples throughout the book to explain the theory of these methods, as well as their strengths and limitations. Key Features: Presents a comprehensive introduction to all techniques used in data mining and statistical learning, from classical to latest techniques. Starts from basic principles up to advanced concepts. Includes many step-by-step examples with the main software (R, SAS, IBM SPSS) as well as a thorough discussion and comparison of those software. Gives practical tips for data mining implementation to solve real world problems. Looks at a range of tools and applications, such as association rules, web mining and text mining, with a special focus on credit scoring. Supported by an accompanying website hosting datasets and user analysis. Statisticians and business intelligence analysts, students as well as computer science, biology, marketing and financial risk professionals in both commercial and government organizations across all business and industry sectors will benefit from this book.


Real-world Data Mining

Real-world Data Mining

Author: Dursun Delen

Publisher: Pearson Education

Published: 2015

Total Pages: 289

ISBN-13: 0133551075

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As business becomes increasingly complex and global, decision-makers must act more rapidly and accurately, based on the best available evidence. Modern data mining and analytics is indispensable for doing this. Real-World Data Mining demystifies current best practices, showing how to use data mining and analytics to uncover hidden patterns and correlations, and leverage these to improve all business decision-making. Drawing on extensive experience as a researcher, practitioner, and instructor, Dr. Dursun Delen delivers an optimal balance of concepts, techniques and applications. Without compromising either simplicity or clarity, Delen provides enough technical depth to help readers truly understand how data mining technologies work. Coverage includes: data mining processes, methods, and techniques; the role and management of data; tools and metrics; text and web mining; sentiment analysis; and integration with cutting-edge Big Data approaches. Throughout, Delen's conceptual coverage is complemented with application case studies (examples of both successes and failures), as well as simple, hands-on tutorials.


Data Analysis and Decision Support

Data Analysis and Decision Support

Author: Daniel Baier

Publisher: Springer Science & Business Media

Published: 2006-05-06

Total Pages: 361

ISBN-13: 3540283978

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It is a great privilege and pleasure to write a foreword for a book honor ing Wolfgang Gaul on the occasion of his sixtieth birthday. Wolfgang Gaul is currently Professor of Business Administration and Management Science and the Head of the Institute of Decision Theory and Management Science, Faculty of Economics, University of Karlsruhe (TH), Germany. He is, by any measure, one of the most distinguished and eminent scholars in the world today. Wolfgang Gaul has been instrumental in numerous leading research initia tives and has achieved an unprecedented level of success in facilitating com munication among researchers in diverse disciplines from around the world. A particularly remarkable and unique aspect of his work is that he has been a leading scholar in such diverse areas of research as graph theory and net work models, reliability theory, stochastic optimization, operations research, probability theory, sampling theory, cluster analysis, scaling and multivariate data analysis. His activities have been directed not only at these and other theoretical topics, but also at applications of statistical and mathematical tools to a multitude of important problems in computer science (e.g., w- mining), business research (e.g., market segmentation), management science (e.g., decision support systems) and behavioral sciences (e.g., preference mea surement and data mining). All of his endeavors have been accomplished at the highest level of professional excellence.


Organizational Data Mining

Organizational Data Mining

Author: Hamid R. Nemati

Publisher: IGI Global

Published: 2004-01-01

Total Pages: 371

ISBN-13: 1591401356

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Mountains of business data are piling up in organizations every day. These organizations collect data from multiple sources, both internal and external. These sources include legacy systems, customer relationship management and enterprise resource planning applications, online and e-commerce systems, government organizations and business suppliers and partners. A recent study from the University of California at Berkeley found the amount of data organizations collect and store in enterprise databases doubles every year, and slightly more than half of this data will consist of "reference information," which is the kind of information strategic business applications and decision support systems demand (Kestelyn, 2002). Terabyte-sized (1,000 megabytes) databases are commonplace in organizations today, and this enormous growth will make petabyte-sized databases (1,000 terabytes) a reality within the next few years (Whiting, 2002). By 2004 the Gartner Group estimates worldwide data volumes will be 30 times those of 1999, which translates into more data having been produced in the last 30 years than during the previous 5,000 (Wurman, 1989).


Data Mining with Decision Trees

Data Mining with Decision Trees

Author: Lior Rokach

Publisher: World Scientific

Published: 2008

Total Pages: 263

ISBN-13: 9812771719

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This is the first comprehensive book dedicated entirely to the field of decision trees in data mining and covers all aspects of this important technique.Decision trees have become one of the most powerful and popular approaches in knowledge discovery and data mining, the science and technology of exploring large and complex bodies of data in order to discover useful patterns. The area is of great importance because it enables modeling and knowledge extraction from the abundance of data available. Both theoreticians and practitioners are continually seeking techniques to make the process more efficient, cost-effective and accurate. Decision trees, originally implemented in decision theory and statistics, are highly effective tools in other areas such as data mining, text mining, information extraction, machine learning, and pattern recognition. This book invites readers to explore the many benefits in data mining that decision trees offer: Self-explanatory and easy to follow when compacted Able to handle a variety of input data: nominal, numeric and textual Able to process datasets that may have errors or missing values High predictive performance for a relatively small computational effort Available in many data mining packages over a variety of platforms Useful for various tasks, such as classification, regression, clustering and feature selection


Domain Driven Data Mining

Domain Driven Data Mining

Author: Longbing Cao

Publisher: Springer Science & Business Media

Published: 2010-01-08

Total Pages: 251

ISBN-13: 1441957375

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This book offers state-of the-art research and development outcomes on methodologies, techniques, approaches and successful applications in domain driven, actionable knowledge discovery. It bridges the gap between business expectations and research output.


Handbook of Research on Data Science for Effective Healthcare Practice and Administration

Handbook of Research on Data Science for Effective Healthcare Practice and Administration

Author: Noughabi, Elham Akhond Zadeh

Publisher: IGI Global

Published: 2017-07-20

Total Pages: 574

ISBN-13: 1522525165

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Data science has always been an effective way of extracting knowledge and insights from information in various forms. One industry that can utilize the benefits from the advances in data science is the healthcare field. The Handbook of Research on Data Science for Effective Healthcare Practice and Administration is a critical reference source that overviews the state of data analysis as it relates to current practices in the health sciences field. Covering innovative topics such as linear programming, simulation modeling, network theory, and predictive analytics, this publication is recommended for all healthcare professionals, graduate students, engineers, and researchers that are seeking to expand their knowledge of efficient techniques for information analysis in the healthcare professions.


Temporal Data Mining

Temporal Data Mining

Author: Theophano Mitsa

Publisher: CRC Press

Published: 2010-03-10

Total Pages: 398

ISBN-13: 1420089773

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From basic data mining concepts to state-of-the-art advances, this book covers the theory of the subject as well as its application in a variety of fields. It discusses the incorporation of temporality in databases as well as temporal data representation, similarity computation, data classification, clustering, pattern discovery, and prediction. The book also explores the use of temporal data mining in medicine and biomedical informatics, business and industrial applications, web usage mining, and spatiotemporal data mining. Along with various state-of-the-art algorithms, each chapter includes detailed references and short descriptions of relevant algorithms and techniques described in other references.