Performance evaluation of fourteen machine learning algorithms on credit card default classification

2018 ◽  
Vol 1 (26) ◽  
pp. 461-474
Author(s):  
Hussein Altabrawee
Keyword(s):  
Machine Learning ◽  
Decision Making ◽  
Credit Card ◽  
Main Idea ◽  
Machine Learning Algorithms ◽  
Financial Data ◽  
Machine Learning Techniques ◽  
Classification Models ◽  
Learning Techniques ◽  
Credit Card Default

Banks process their financial data by machine learning techniques to get knowledge from the data and use that knowledge in decision making and risk management. In this research, fourteen classification models have been built and trained using a real financial data from a bank in Taiwan. The models forecast the credit card default of a customer which is the repayment delay of the credit granted to the customer. The main idea of the research is evaluating and comparing the models based on their predictive average class accuracy

scholarly journals A Study of Machine Learning Algorithms on Email Spam Classification

10.29007/qshd ◽  
2020 ◽  
Author(s):  
N Sutta ◽  
Z Liu ◽  
X Zhang
Keyword(s):  
Machine Learning ◽  
High Accuracy ◽  
Machine Learning Algorithms ◽  
Machine Learning Techniques ◽  
Spam Detection ◽  
Classification Models ◽  
Detection Techniques ◽  
Learning Techniques ◽  
Comprehensive Comparison ◽  
Email Spam

Despite the fact that different techniques have been developed to filter spam, due to the spammer’s rapid adoption of new spam detection techniques, we are still overwhelmed with spam emails. Currently, machine learning techniques are the most effective ways to classify and filter spam emails. In this paper, a comprehensive comparison and analysis of the performance of various classification models on the 2007 TREC Public Spam Corpus are exhibited in various cases of without or with N- Grams as well as using separate or combined datasets. It is shown that the inclusion of the N-Grams in the pre-processing phase provides high accuracy results for classification models in most of the cases, and the models using the split approach with combined datasets give better results than models using the separate dataset.

Designing predictive maintenance systems using decision tree-based machine learning techniques

2020 ◽  
Vol 37 (4) ◽  
pp. 659-686 ◽  
Author(s):  
Shashidhar Kaparthi ◽  
Daniel Bumblauskas
Keyword(s):  
Machine Learning ◽  
Decision Making ◽  
Decision Tree ◽  
Service Management ◽  
Machine Learning Algorithms ◽  
Machine Learning Techniques ◽  
Content Type ◽  
Learning Techniques ◽  
Maintenance Systems

PurposeThe after-sale service industry is estimated to contribute over 8 percent to the US GDP. For use in this considerably large service management industry, this article provides verification in the application of decision tree-based machine learning algorithms for optimal maintenance decision-making. The motivation for this research arose from discussions held with a large agricultural equipment manufacturing company interested in increasing the uptime of their expensive machinery and in helping their dealer network.Design/methodology/approachWe propose a general strategy for the design of predictive maintenance systems using machine learning techniques. Then, we present a case study where multiple machine learning algorithms are applied to a particular example situation for an illustration of the proposed strategy and evaluation of its performance.FindingsWe found progressive improvements using such machine learning techniques in terms of accuracy in predictions of failure, demonstrating that the proposed strategy is successful.Research limitations/implicationsThis approach is scalable to a wide variety of applications to aid in failure prediction. These approaches are generalizable to many systems irrespective of the underlying physics. Even though we focus on decision tree-based machine learning techniques in this study, the general design strategy proposed can be used with all other supervised learning techniques like neural networks, boosting algorithms, support vector machines, and statistical methods.Practical implicationsThis approach is applicable to many different types of systems that require maintenance and repair decision-making. A case is provided for a cloud data storage provider. The methods described in the case can be used in any number of systems and industrial applications, making this a very scalable case for industry practitioners. This scalability is possible as the machine learning techniques learn the correspondence between machine conditions and outcome state irrespective of the underlying physics governing the systems.Social implicationsSustainable systems and operations require allocating and utilizing resources efficiently and effectively. This approach can help asset managers decide how to sustainably allocate resources by increasing uptime and utilization for expensive equipment.Originality/valueThis is a novel application and case study for decision tree-based machine learning that will aid researchers in developing tools and techniques in this area as well as those working in the artificial intelligence and service management space.

Using Machine Learning Algorithms on Prediction of Stock Price

2020 ◽  
Vol 12 (2) ◽  
pp. 84-99
Author(s):  
Li-Pang Chen
Keyword(s):  
Machine Learning ◽  
Stock Price ◽  
Short Term Memory ◽  
Machine Learning Algorithms ◽  
Machine Learning Techniques ◽  
Support Vector ◽  
Short Term ◽  
Learning Techniques ◽  
Historical Database ◽  
Long Short Term Memory

In this paper, we investigate analysis and prediction of the time-dependent data. We focus our attention on four different stocks are selected from Yahoo Finance historical database. To build up models and predict the future stock price, we consider three different machine learning techniques including Long Short-Term Memory (LSTM), Convolutional Neural Networks (CNN) and Support Vector Regression (SVR). By treating close price, open price, daily low, daily high, adjusted close price, and volume of trades as predictors in machine learning methods, it can be shown that the prediction accuracy is improved.

A Comparative Study of Different Machine Learning Algorithms for Disease Prediction

2017 ◽  
Vol 7 (7) ◽  
pp. 172
Author(s):  
Anantvir Singh Romana
Keyword(s):  
Machine Learning ◽  
Subsequent Treatment ◽  
Machine Learning Algorithms ◽  
Machine Learning Techniques ◽  
Support Vector ◽  
Disease Prediction ◽  
Classification Problems ◽  
Learning Techniques ◽  
Neural Network Classifiers ◽  
Diagnostic Detection

Accurate diagnostic detection of the disease in a patient is critical and may alter the subsequent treatment and increase the chances of survival rate. Machine learning techniques have been instrumental in disease detection and are currently being used in various classification problems due to their accurate prediction performance. Various techniques may provide different desired accuracies and it is therefore imperative to use the most suitable method which provides the best desired results. This research seeks to provide comparative analysis of Support Vector Machine, Naïve bayes, J48 Decision Tree and neural network classifiers breast cancer and diabetes datsets.

scholarly journals Feasibility of Machine Learning Algorithms for Predicting the Deformation of Anodic Titanium Films by Modulating Anodization Processes

Materials ◽  
2021 ◽  
Vol 14 (5) ◽  
pp. 1089
Author(s):  
Sung-Hee Kim ◽  
Chanyoung Jeong
Keyword(s):  
Machine Learning ◽  
Learning Algorithms ◽  
Multiclass Classification ◽  
Machine Learning Algorithms ◽  
Machine Learning Techniques ◽  
Smart Manufacturing ◽  
Gradient Boosting ◽  
Experimental Conditions ◽  
Learning Techniques ◽  
Tio2 Nanostructures

This study aims to demonstrate the feasibility of applying eight machine learning algorithms to predict the classification of the surface characteristics of titanium oxide (TiO2) nanostructures with different anodization processes. We produced a total of 100 samples, and we assessed changes in TiO2 nanostructures’ thicknesses by performing anodization. We successfully grew TiO2 films with different thicknesses by one-step anodization in ethylene glycol containing NH4F and H2O at applied voltage differences ranging from 10 V to 100 V at various anodization durations. We found that the thicknesses of TiO2 nanostructures are dependent on anodization voltages under time differences. Therefore, we tested the feasibility of applying machine learning algorithms to predict the deformation of TiO2. As the characteristics of TiO2 changed based on the different experimental conditions, we classified its surface pore structure into two categories and four groups. For the classification based on granularity, we assessed layer creation, roughness, pore creation, and pore height. We applied eight machine learning techniques to predict classification for binary and multiclass classification. For binary classification, random forest and gradient boosting algorithm had relatively high performance. However, all eight algorithms had scores higher than 0.93, which signifies high prediction on estimating the presence of pore. In contrast, decision tree and three ensemble methods had a relatively higher performance for multiclass classification, with an accuracy rate greater than 0.79. The weakest algorithm used was k-nearest neighbors for both binary and multiclass classifications. We believe that these results show that we can apply machine learning techniques to predict surface quality improvement, leading to smart manufacturing technology to better control color appearance, super-hydrophobicity, super-hydrophilicity or batter efficiency.

THE USE OF DATA MINING IN DETECTING CREDIT CARD FRAUD

2022 ◽  
Author(s):  
Kingsley Austin
Keyword(s):  
Machine Learning ◽  
Credit Card ◽  
Machine Learning Algorithms ◽  
Machine Learning Techniques ◽  
High Detection Rate ◽  
Credit Card Fraud ◽  
Real Time Processing ◽  
Detection Systems ◽  
Hybrid Approaches ◽  
Use Of Data

Abstract— Credit card fraud is a serious problem for e-commerce retailers with UK merchants reporting losses of $574.2M in 2020. As a result, effective fraud detection systems must be in place to ensure that payments are processed securely in an online environment. From the literature, the detection of credit card fraud is challenging due to dataset imbalance (genuine versus fraudulent transactions), real-time processing requirements, and the dynamic behavior of fraudsters and customers. It is proposed in this paper that the use of machine learning could be an effective solution for combating credit card fraud.According to research, machine learning techniques can play a role in overcoming the identified challenges while ensuring a high detection rate of fraudulent transactions, both directly and indirectly. Even though both supervised and unsupervised machine learning algorithms have been suggested, the flaws in both methods point to the necessity for hybrid approaches.

scholarly journals Heart disease prediction using machine learning techniques : a survey

2018 ◽  
Vol 7 (2.8) ◽  
pp. 684 ◽  
Author(s):  
V V. Ramalingam ◽  
Ayantan Dandapath ◽  
M Karthik Raja
Keyword(s):  
Machine Learning ◽  
Learning Algorithms ◽  
Machine Learning Algorithms ◽  
Machine Learning Techniques ◽  
Support Vector ◽  
Complex Data ◽  
Learning Techniques ◽  
Vector Machines ◽  
Supervised Learning Algorithms ◽  
Life Threatening

Heart related diseases or Cardiovascular Diseases (CVDs) are the main reason for a huge number of death in the world over the last few decades and has emerged as the most life-threatening disease, not only in India but in the whole world. So, there is a need of reliable, accurate and feasible system to diagnose such diseases in time for proper treatment. Machine Learning algorithms and techniques have been applied to various medical datasets to automate the analysis of large and complex data. Many researchers, in recent times, have been using several machine learning techniques to help the health care industry and the professionals in the diagnosis of heart related diseases. This paper presents a survey of various models based on such algorithms and techniques andanalyze their performance. Models based on supervised learning algorithms such as Support Vector Machines (SVM), K-Nearest Neighbour (KNN), NaïveBayes, Decision Trees (DT), Random Forest (RF) and ensemble models are found very popular among the researchers.

The Sydney Triage to Admission Risk Tool (START2) using machine learning techniques to support disposition decision‐making

2018 ◽  
Vol 31 (3) ◽  
pp. 429-435 ◽  
Author(s):  
Kathryn Rendell ◽  
Irena Koprinska ◽  
Andre Kyme ◽  
Anja A Ebker‐White ◽  
Michael M Dinh
Keyword(s):  
Machine Learning ◽  
Decision Making ◽  
Machine Learning Techniques ◽  
Learning Techniques
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