Real time decision making forecasting using data mining and decision tree

Author(s):  
Md. Asaduzzaman ◽  
Md. Shahjahan ◽  
Kazuyuki Murase
2021 ◽  
Vol 80 (15) ◽  
Author(s):  
Elham Rafiei Sardooi ◽  
Ali Azareh ◽  
Tayyebeh Mesbahzadeh ◽  
Farshad Soleimani Sardoo ◽  
Eric J. R. Parteli ◽  
...  

2017 ◽  
Vol 117 (1) ◽  
pp. 90-109 ◽  
Author(s):  
Eui-Bang Lee ◽  
Jinwha Kim ◽  
Sang-Gun Lee

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.


Author(s):  
Sabitha Rajagopal

Data Science employs techniques and theories to create data products. Data product is merely a data application that acquires its value from the data itself, and creates more data as a result; it's not just an application with data. Data science involves the methodical study of digital data employing techniques of observation, development, analysis, testing and validation. It tackles the real time challenges by adopting a holistic approach. It ‘creates' knowledge about large and dynamic bases, ‘develops' methods to manage data and ‘optimizes' processes to improve its performance. The goal includes vital investigation and innovation in conjunction with functional exploration intended to notify decision-making for individuals, businesses, and governments. This paper discusses the emergence of Data Science and its subsequent developments in the fields of Data Mining and Data Warehousing. The research focuses on need, challenges, impact, ethics and progress of Data Science. Finally the insights of the subsequent phases in research and development of Data Science is provided.


Author(s):  
Tyler Swanger ◽  
Kaitlyn Whitlock ◽  
Anthony Scime ◽  
Brendan P. Post

This chapter data mines the usage patterns of the ANGEL Learning Management System (LMS) at a comprehensive college. The data includes counts of all the features ANGEL offers its users for the Fall and Spring semesters of the academic years beginning in 2007 and 2008. Data mining techniques are applied to evaluate which LMS features are used most commonly and most effectively by instructors and students. Classification produces a decision tree which predicts the courses that will use the ANGEL system based on course specific attributes. The dataset undergoes association mining to discover the usage of one feature’s effect on the usage of another set of features. Finally, clustering the data identifies messages and files as the features most commonly used. These results can be used by this institution, as well as similar institutions, for decision making concerning feature selection and overall usefulness of LMS design, selection and implementation.


Author(s):  
Malcolm J. Beynonm

The seminal work of Zadeh (1965), namely fuzzy set theory (FST), has developed into a methodology fundamental to analysis that incorporates vagueness and ambiguity. With respect to the area of data mining, it endeavours to find potentially meaningful patterns from data (Hu & Tzeng, 2003). This includes the construction of if-then decision rule systems, which attempt a level of inherent interpretability to the antecedents and consequents identified for object classification (See Breiman, 2001). Within a fuzzy environment this is extended to allow a linguistic facet to the possible interpretation, examples including mining time series data (Chiang, Chow, & Wang, 2000) and multi-objective optimisation (Ishibuchi & Yamamoto, 2004). One approach to if-then rule construction has been through the use of decision trees (Quinlan, 1986), where the path down a branch of a decision tree (through a series of nodes), is associated with a single if-then rule. A key characteristic of the traditional decision tree analysis is that the antecedents described in the nodes are crisp, where this restriction is mitigated when operating in a fuzzy environment (Crockett, Bandar, Mclean, & O’Shea, 2006). This chapter investigates the use of fuzzy decision trees as an effective tool for data mining. Pertinent to data mining and decision making, Mitra, Konwar and Pal (2002) succinctly describe a most important feature of decision trees, crisp and fuzzy, which is their capability to break down a complex decision-making process into a collection of simpler decisions and thereby, providing an easily interpretable solution.


2019 ◽  
Vol 23 (3) ◽  
pp. 442-445 ◽  
Author(s):  
Nikita Lyamin ◽  
Denis Kleyko ◽  
Quentin Delooz ◽  
Alexey Vinel

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