Machine Learning and Statistical Modeling with R Examples

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Description: See things in your data that no one else can see – and make the right decisions!Due to modern technology and the internet, the amount of available data grows substantially from day to day. Successful companies know that. And they also know that seeing the patterns in the data gives them an edge on increasingly competitive markets. Proper understanding and training in Machine Learning and Statistical Modeling will give you the power to identify those patterns. This can make you an invaluable asset for your company/institution and can boost your career!Marketing companies use Machine Learning to identify potential customers and how to best present products.Scientists use Machine Learning to capture new insights in nearly any given field ranging from psychology to physics and computer sciences.IT companies use Machine Learning to create new search tools or cutting edge mobile apps.Insurance companies, banks and investment funds use Machine Learning to make the right financial decisions or even use it for algorithmic trading.Consulting companies use Machine Learning to help their customers on decision making.Artificial intelligence would not be possible without those modeling tools.Basically we already live in a world that is heavily influenced by Machine Learning algorithms.1. But what exactly is Machine Learning?Machine learning is a collection of modern statistical methods for various applications. Those methods have one thing in common: they try to create a model based on underlying (training) data to predict outcomes on new data you feed into the model. A test dataset is used to see how accurate the model works. Basically Machine learning is the same as Statistical Modeling. 2. Is it hard to understa
Category: Development > Data Science > Statistical Modeling
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Price: 54.99
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