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Analytics v/s Analysis
Correlation and Regression
Multivariate Linear Regression Theory
ANOVA (Analysis of Variance)
Multivariate Linear Regression
Identify and Quantify the factors responsible for loss amount for an Auto Insurance Company
Identifying problems in fitting linear regression on data having "Binary Response" variable
Generalized Linear Modeling (GLMs)
Logistic Regression Theory/Case
Fitting the regression
Lift/Gains chart and Gini coefficient
Identify bank customers who will most likely default in making the payment on balance due
Domain Covered Banking Industry
Data Mining and Decision Trees
Why and Where to use Clustering
K-means Clustering Algorithm
Identifying the classes of customer having higher default rate
Identifying similar groups in database containing auto insurance policy records using K-means Clustering
Domain Covered-Insurance and Banking Industry
Affinity analysis to understand purchase behavior
Understanding Apriori algorithm
Analysis of output results to plan store layout, promotions and recommendations
Understanding apriori algorithm to identify affinity among the purchase data in the basket based on historical transactions.
Using Dictionary Tables