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What you'll get
- 17+ Hours
- 2 Courses
- Course Completion Certificates
- One year access
- Self-paced Courses
- Technical Support
- Mobile App Access
- Case Studies
Synopsis
- Learn Data Analysis and Manipulation, Visualization, Statistics, Hypothesis Testing
- Use predictive analytics techniques to interpret model outputs
- Understand how to use predictive analytics tools to solve real time business problems
- Learn about predictive models like regression, clustering and others
Content
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MODULE 1: Essentials Training
Courses No. of Hours Certificates Details Predictive Analytics & Modeling using Minitab 15h 35m ✔ Minitab GUI and Descriptive Statistics 2h 43m ✔
Description
About Predictive Analytics and Modeling using Minitab
This course contains the following basic steps involved in predictive modeling
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Defining the objective - This section deals with the ways to define the objective of predictive models with relation to the goals of the business.
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Gathering the data -Collecting data from various sources is another important step in building predictive model. Examples are provided for collection of different types of data from various sources.
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Preparing the data for modelling - This section deals with the segregation of data and how determines how they can be used in predictive modeling.
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Selecting and transforming the variables - This topic deals with the steps for transformation of independent variables to best fit the dependent variable.
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Processing and evaluating the model - In this chapter you will go through several methods of processing and evaluating the model
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Validating the model - The predictive models should perform well on the data. This chapter deals with three powerful methods for ensuring the model fit.
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Implementing and maintaining the model - Effective implementation of Predictive model is another important step. This chapter discusses various auditing procedures and model maintenance practices
Predictive analytics is an emerging strategy across many business sectors and they are used to improve the performance of the companies. Predictive modeling is a part of predictive analytics which is used to create a statistical model to predict the future behaviour. The predictive modeling can be used on any type of event regardless of its occurrence. The predictive model to be used for a particular situation is often selected on the basis of the detection theory. This course includes an overview of predictive analytics and predictive modeling. This course also includes examples of predictive modeling.
Requirements
- The pre requisites for this course includes a basic statistical knowledge and details on software like SPSS or SAS or STATA.
Target Audience
- This course is more suitable for students or researchers who are interested in learning about predictive analytics.
Course Ratings
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The course helped me to get insights on the various hypothesis that are done to do the predictive analysis which helps us to make observations and also make predictions and analyze the behavior of the trend, also working on minitab was a great experience wherein getting the descriptive analysis is much more easier than excel.
Atish Palav