Machine Learning and Predictive Models

Why Attend

Predictive models have become accessible to all users with the advancement of technology. This course offers a complete overview of supervised Machine Learning algorithms, and their role in the enhancement of predictions in most industries and by most organizations.

This course covers all models utilized under different technologies (SAS, Statistica and SPSS), enabling participants to become expert practitioners by evaluating and selecting appropriate solutions with suitable technical packages for their organizations.

Course Methodology

This course includes interactive discussion and the use of exercises and case studies. Each Machine Learning algorithm is supported by its own case study with step by step outputs that go in parallel with its multi stage analysis. All algorithms are detailed with sequential screen shot applications on comparative technologies such as SPSS, SAS, Statistica and Excel.

Course Objectives

By the end of the course, participants will be able to:

Understand the true meaning of Machine Learning
Comprehend the key differences between Data Analysis and Machine Learning
Apply testing and validating samples into Machine Learning models
Submit an overview of the best analytic solutions
Implement fine tuned estimation with complete predictive models

Target Audience

Any level of professional interested in how Machine Learning can assist their organization, would benefit from this course. These include professionals from industries including, but not limited to, banking, insurance, retail, government, manufacturing, healthcare, telecom, and airlines.

Target Competencies

Predictive Analysis
Predictive Models
Data Analysis
Data Analytic Models

Data Analysis and Simple Regression
- Introduction to Data Analysis Logic
- Testing two groups on their means and proportions
- Profiling two groups in one single chart
- Testing multiple groups on their means and proportions
- Profiling multiple groups in one single chart
- Simple regression
- Regression vs. Correlation
- Sensitivity analysis of quantitative variables

Multiple and Logistic Regressions
- Introduction to Machine Learning
- The Gradient Descent logic
- Multiple Regression vs. Simple Regression
- Variability analysis for estimations
- Dummy variables
- Similarities and differences between Logistic and Multiple regressions
- Simplifying complex models
- Stepwise regression

Discriminant Analysis
- Optimized Profiling
- Two-Group Discriminant Function
- Attribution of Cases
- Model Evaluation
- Classification Functions
- Mahalanobis Squared Distances
- Probability Method
- Model’s Reduction
- Generalized Discriminant Analysis

Decision Trees
- What are Decision Trees?
- Binary Trees
- Quality of a Decision Tree
- Rules of pruning
- CART: Classification Tree
- CART: Regression Tree
- CHAID Tree
- Random Forest Tree

Nearest Neighbor, Bayesian, Neural Network and Deep Learning
- Conditional probabilities
- Prediction by probabilities
- Distance from neighbors
- K nearest distances from neighbors
- Weights in a Neural Network model
- Hidden layers role
- Neural Network pros and cons
- Deep Learning
- Introduction to Big Data

2023 Schedule & Fees

Fees

Per participant

USD 5100

Fees + VAT as applicable

(including coffee breaks and a buffet lunch daily)

Discount Plans & Cancellations Policy

Location & Date

24 - 28 Sep, 2023

Dubai

English

Venue to be assigned

Meirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.

Tax Registration Number: 100239834300003

This course is also offered in Virtual Learning, click on the course below.

Machine Learning and Predictive Models - Virtual Learning

Machine Learning and Predictive Models - Virtual Learning

24 - 28 Sep, 2023

English

Virtual Learning

Overview

Course Methodology

Course Objectives

By the end of the course, participants will be able to:

Understand the true meaning of Machine Learning
Comprehend the key differences between Data Analysis and Machine Learning
Apply testing and validating samples into Machine Learning models
Submit an overview of the best analytic solutions
Implement fine tuned estimation with complete predictive models

Target Audience

Target Competencies

Predictive Analysis
Predictive Models
Data Analysis
Data Analytic Models

Course Outline

Data Analysis and Simple Regression
- Introduction to Data Analysis Logic
- Testing two groups on their means and proportions
- Profiling two groups in one single chart
- Testing multiple groups on their means and proportions
- Profiling multiple groups in one single chart
- Simple regression
- Regression vs. Correlation
- Sensitivity analysis of quantitative variables

Multiple and Logistic Regressions
- Introduction to Machine Learning
- The Gradient Descent logic
- Multiple Regression vs. Simple Regression
- Variability analysis for estimations
- Dummy variables
- Similarities and differences between Logistic and Multiple regressions
- Simplifying complex models
- Stepwise regression

Discriminant Analysis
- Optimized Profiling
- Two-Group Discriminant Function
- Attribution of Cases
- Model Evaluation
- Classification Functions
- Mahalanobis Squared Distances
- Probability Method
- Model’s Reduction
- Generalized Discriminant Analysis

Decision Trees
- What are Decision Trees?
- Binary Trees
- Quality of a Decision Tree
- Rules of pruning
- CART: Classification Tree
- CART: Regression Tree
- CHAID Tree
- Random Forest Tree

Nearest Neighbor, Bayesian, Neural Network and Deep Learning
- Conditional probabilities
- Prediction by probabilities
- Distance from neighbors
- K nearest distances from neighbors
- Weights in a Neural Network model
- Hidden layers role
- Neural Network pros and cons
- Deep Learning
- Introduction to Big Data

Schedule & Fees