Indonesian Islamic moral incentives in credit card debt repayment: A feature selection using various data mining

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rezzy Eko Caraka ◽  
Fahmi Ali Hudaefi ◽  
Prana Ugiana ◽  
Toni Toharudin ◽  
Avia Enggar Tyasti ◽  
...  
Keyword(s):  
Machine Learning ◽  
Data Mining ◽  
Random Forest ◽  
Moral Status ◽  
Credit Card ◽  
Bayesian Regression ◽  
Credit Card Debt ◽  
Content Type ◽  
Debt Repayment ◽  
Using Data

Purpose Despite the practice of credit card services by Islamic financial institutions (IFIs) is debatable, Islamic banks (IBs) have been offering this product. Both Muslim and non-Muslim customers have subscribed to the products. Thus, it is critical to analyse the strategy of IBs’ moral messages in reminding their Muslim and non-Muslim customers to repay their credit card debts. This paper aims to investigate this issue in Indonesia using data mining via machine learning. Design/methodology/approach This study examines the IBs’ customers across the 32 provinces of Indonesia regarding their moral status in credit card debt repayment. This work considers 6,979 observations of the variables that affect the moral status of the IBs’ customers in repaying their debt. The five types of data mining via machine learning (i.e. Boruta, logistic regression, Bayesian regression, random forest, XGBoost and spatial cluster) are used. Boruta, random forest and XGBoost are used to select the important features to investigate the moral aspects. Bayesian regression is used to get the odds and opportunity for the transition of each variable and spatially formed based on the information from the logistical intercepts. The best method is selected based on the highest accuracy value to deliver the information on the relationship between moral status categories in the selected 32 provinces in Indonesia. Findings A different variable on moral status in each province is found. The XGBoost finds an accuracy value of 93.42%, which the three provincial groups have the same information based on the importance of the variables. The strategy of IBs’ moral messages by sending the verse of al-Qur’an and al-Hadith (traditions or sayings of the Prophet Muhammad PBUH) and simple messages reminders do not impact the customers’ repaying their debts. Both Muslim and non-Muslim groups are primarily found in the non-moral group. Research limitations/implications This study does not consider socio-economic demographics and culture. This limitation calls future works to consider such factors when conducting a similar topic. Practical implications The industry professionals can take benefit from this study to understand the Indonesian customers’ moral status in repaying credit card debt. In addition, future works may advance the recent findings by considering socio-cultural factors to investigate the moral status approach to Islamic credit warnings that is not covered by this study. Social implications This work finds that religious text of credit card repayment reminders sent to Muslims in several provinces of Indonesia does not affect their decision to repay their debts. To some extent, this finding draws a social issue that the local IBs need to consider when implementing the strategy of credit card repayment reminders. Originality/value This study credits a novelty in the discourse of data science for Islamic finance practices. Specifically, this study pioneers an example of using data mining to investigate Islamic-moral incentives in credit card debt repayment.

Classification and photometric redshift estimation of quasars in photometric surveys

2020 ◽  
Vol 15 (S359) ◽  
pp. 40-41
Author(s):  
L. M. Izuti Nakazono ◽  
C. Mendes de Oliveira ◽  
N. S. T. Hirata ◽  
S. Jeram ◽  
A. Gonzalez ◽  
...  
Keyword(s):  
Machine Learning ◽  
Random Forest ◽  
Nearest Neighbour ◽  
Random Forest Algorithm ◽  
Photometric Redshift ◽  
Using Data

AbstractWe present a machine learning methodology to separate quasars from galaxies and stars using data from S-PLUS in the Stripe-82 region. In terms of quasar classification, we achieved 95.49% for precision and 95.26% for recall using a Random Forest algorithm. For photometric redshift estimation, we obtained a precision of 6% using k-Nearest Neighbour.

Predicting customer churn in mobile industry using data mining technology

2017 ◽  
Vol 117 (1) ◽  
pp. 90-109 ◽  
Author(s):  
Eui-Bang Lee ◽  
Jinwha Kim ◽  
Sang-Gun Lee
Keyword(s):  
Data Mining ◽  
Decision Tree ◽  
Online News ◽  
Partial Least Square ◽  
Churn Prediction ◽  
Mining Technology ◽  
Content Type ◽  
Customer Churn ◽  
Mobile Industry ◽  
Using Data

Purpose The purpose of this paper is to identify the influence of the frequency of word exposure on online news based on the availability heuristic concept. So that this is different from most churn prediction studies that focus on subscriber data. Design/methodology/approach This study examined the churn prediction through words presented the previous studies and additionally identified words what churn generate using data mining technology in combination with logistic regression, decision tree graphing, neural network models, and a partial least square (PLS) model. Findings This study found prediction rates similar to those delivered by subscriber data-based analyses. In addition, because previous studies do not clearly suggest the effects of the factors, this study uses decision tree graphing and PLS modeling to identify which words deliver positive or negative influences. Originality/value These findings imply an expansion of churn prediction, advertising effect, and various psychological studies. It also proposes concrete ideas to advance the competitive advantage of companies, which not only helps corporate development, but also improves industry-wide efficiency.

scholarly journals Predicting heart ailment in patients with varying number of features using data mining techniques

2019 ◽  
Vol 8 (1) ◽  
pp. 56
Author(s):  
T R Stella Mary ◽  
Shoney Sebastian
Keyword(s):  
Data Mining ◽  
Heart Disease ◽  
Random Forest ◽  
Naive Bayes ◽  
Heart Diseases ◽  
Naïve Bayes ◽  
Bayes Classifier ◽  
Data Mining Techniques ◽  
Using Data ◽  
Almost All

<span>Data mining can be defined as a process of extracting unknown, verifiable and possibly helpful data from information. Among the various ailments, heart ailment is one of the primary reason behind death of individuals around the globe, hence in order to curb this, a detailed analysis is done using Data Mining. Many a times we limit ourselves with minimal attributes that are required to predict a patient with heart disease. By doing so we are missing on a lot of important attributes that are main causes for heart diseases. Hence, this research aims at considering almost all the important features affecting heart disease and performs the analysis step by step with minimal to maximum set of attributes using Data Mining techniques to predict heart ailments. The various classification methods used are Naïve Bayes classifier, Random Forest and Random Tree which are applied on three datasets with different number of attributes but with a common class label. From the analysis performed, it shows that there is a gradual increase in prediction accuracies with the increase in the attributes irrespective of the classifiers used and Naïve Bayes and Random Forest algorithms comparatively outperforms with these sets of data.</span>

Towards Behaviour Recognition with Unlabelled Sensor Data

2013 ◽  
pp. 86-110
Author(s):  
Sook-Ling Chua ◽  
Stephen Marsland ◽  
Hans W. Guesgen
Keyword(s):  
Machine Learning ◽  
Data Mining ◽  
Inverse Problem ◽  
Sensor Data ◽  
Training Set ◽  
Learning Methods ◽  
Machine Learning Methods ◽  
Using Data ◽  
Symbolic Approach ◽  
Behaviour Recognition

The problem of behaviour recognition based on data from sensors is essentially an inverse problem: given a set of sensor observations, identify the sequence of behaviours that gave rise to them. In a smart home, the behaviours are likely to be the standard human behaviours of living, and the observations will depend upon the sensors that the house is equipped with. There are two main approaches to identifying behaviours from the sensor stream. One is to use a symbolic approach, which explicitly models the recognition process. Another is to use a sub-symbolic approach to behaviour recognition, which is the focus in this chapter, using data mining and machine learning methods. While there have been many machine learning methods of identifying behaviours from the sensor stream, they have generally relied upon a labelled dataset, where a person has manually identified their behaviour at each time. This is particularly tedious to do, resulting in relatively small datasets, and is also prone to significant errors as people do not pinpoint the end of one behaviour and commencement of the next correctly. In this chapter, the authors consider methods to deal with unlabelled sensor data for behaviour recognition, and investigate their use. They then consider whether they are best used in isolation, or should be used as preprocessing to provide a training set for a supervised method.

A Survey on Building Recommendation Systems Using Data Mining Techniques

2022 ◽  
pp. 24-56
Author(s):  
Rajab Ssemwogerere ◽  
Wamwoyo Faruk ◽  
Nambobi Mutwalibi
Keyword(s):  
Machine Learning ◽  
Data Mining ◽  
Recommender Systems ◽  
Performance Measures ◽  
Data Mining Technique ◽  
Data Mining Techniques ◽  
Learning Hypothesis ◽  
Depth Study ◽  
And Performance ◽  
Using Data

Classification is a data mining technique or approach used to estimate the grouped membership of items on a basis of a common feature. This technique is virtuous for future planning and discovering new knowledge about a specific dataset. An in-depth study of previous pieces of literature implementing data mining techniques in the design of recommender systems was performed. This chapter provides a broad study of the way of designing recommender systems using various data mining classification techniques of machine learning and also exploiting their methodological decisions in four aspects, the recommendation approaches, data mining techniques, recommendation types, and performance measures. This study focused on some selected classification methods and can be so supportive for both the researchers and the students in the field of computer science and machine learning in strengthening their knowledge about the machine learning hypothesis and data mining.

scholarly journals Garment Categorization Using Data Mining Techniques

Symmetry ◽  
2020 ◽  
Vol 12 (6) ◽  
pp. 984
Author(s):  
Sheenam Jain ◽  
Vijay Kumar
Keyword(s):  
Data Mining ◽  
Supply Chain ◽  
Random Forest ◽  
Good Deal ◽  
Classification Model ◽  
Upper Body ◽  
Whole Body ◽  
Product Data ◽  
Soft Classification ◽  
Using Data

The apparel industry houses a huge amount and variety of data. At every step of the supply chain, data is collected and stored by each supply chain actor. This data, when used intelligently, can help with solving a good deal of problems for the industry. In this regard, this article is devoted to the application of data mining on the industry’s product data, i.e., data related to a garment, such as fabric, trim, print, shape, and form. The purpose of this article is to use data mining and symmetry-based learning techniques on product data to create a classification model that consists of two subsystems: (1) for predicting the garment category and (2) for predicting the garment sub-category. Classification techniques, such as Decision Trees, Naïve Bayes, Random Forest, and Bayesian Forest were applied to the ‘Deep Fashion’ open-source database. The data contain three garment categories, 50 garment sub-categories, and 1000 garment attributes. The two subsystems were first trained individually and then integrated using soft classification. It was observed that the performance of the random forest classifier was comparatively better, with an accuracy of 86%, 73%, 82%, and 90%, respectively, for the garment category, and sub-categories of upper body garment, lower body garment, and whole-body garment.

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