Advances in Business Information Systems and Analytics - Sentiment Analysis and Knowledge Discovery in Contemporary Business
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Published By IGI Global

9781522549994, 9781522550006

Author(s):  
ThippaReddy Gadekallu ◽  
Bushra Kidwai ◽  
Saksham Sharma ◽  
Rishabh Pareek ◽  
Sudheer Karnam

Weather forecasting is a vital application in meteorology and has been one of the most scientifically and technologically challenging problems around the world in the last century. In this chapter, the authors investigate the use of data mining techniques in forecasting maximum temperature, rainfall, evaporation, and wind speed. This was carried out using artificial decision tree, naive Bayes, random forest, K-nearest neighbors (IBk) algorithms, and meteorological data collected between 2013 and 2014 from the city of Delhi. The performances of these algorithms were compared using standard performance metrics, and the algorithm which gave the best results used to generate classification rules for the mean weather variables. The results show that given enough case data, data mining techniques can be used for weather forecasting and climate change studies.


Author(s):  
S. R. Mani Sekhar ◽  
G. M. Siddesh

Machine learning is one of the important areas in the field of computer science. It helps to provide an optimized solution for the real-world problems by using past knowledge or previous experience data. There are different types of machine learning algorithms present in computer science. This chapter provides the overview of some selected machine learning algorithms such as linear regression, linear discriminant analysis, support vector machine, naive Bayes classifier, neural networks, and decision trees. Each of these methods is illustrated in detail with an example and R code, which in turn assists the reader to generate their own solutions for the given problems.


Author(s):  
ThippaReddy Gadekallu ◽  
Akshat Soni ◽  
Deeptanu Sarkar ◽  
Lakshmanna Kuruva

Sentiment analysis is a sub-domain of opinion mining where the analysis is focused on the extraction of emotions and opinions of the people towards a particular topic from a structured, semi-structured, or unstructured textual data. In this chapter, the authors try to focus the task of sentiment analysis on IMDB movie review database. This chapter presents the experimental work on a new kind of domain-specific feature-based heuristic for aspect-level sentiment analysis of movie reviews. The authors have devised an aspect-oriented scheme that analyzes the textual reviews of a movie and assign it a sentiment label on each aspect. Finally, the authors conclude that incorporating syntactical information in the models is vital to the sentiment analysis process. The authors also conclude that the proposed approach to sentiment classification supplements the existing rating movie rating systems used across the web and will serve as base to future researches in this domain.


Author(s):  
Dilip Singh Sisodia ◽  
Ritvika Reddy

The opinion of others significantly influences our decision-making process about any product or service. The positive or negative opinions of prospective clients or customers may promote or demote the profit margin of any business activities. Therefore, analyzing the public sentiment is important for many applications such as firms trying to find out the response of their products in the market, predicting political elections, and predicting socioeconomic phenomena such as stock exchange, sale of products, etc. With the emergence of Web 2.0 services, a wide range of online platforms including micro-blogging, social networking, and many other review platforms are available. The automated process for public sentiment analysis from a large amount of social data present on the web helps to improve customer satisfaction. This chapter discusses the process of sentiment analysis of prospective buyers of mega online sales using their posted tweets about the big billions day sale.


Author(s):  
Krishna Kumar Mohbey ◽  
Brijesh Bakariya ◽  
Vishakha Kalal

Sentiment analysis is an analytical approach that is used for text analysis. The aim of sentiment analysis is to determine the opinion and subjectivity of any opinion, review, or tweet. The aim of this chapter is to study and compare some of the techniques used to classify opinions using sentiment analysis. In this chapter, different techniques of sentiment analysis have been discussed with the case study of demonetization in India during 2016. Based on the sentiment analysis, people's opinion can be classified on different polarities such as positive, negative, or neutral. These techniques will be classified on different categories based on size of data, document type, and availability. In addition, this chapter also discusses various applications of sentiment analysis techniques in different domains.


Author(s):  
Syed Muzamil Basha ◽  
Dharmendra Singh Rajput ◽  
N. Ch. S. N. Iyengar

In this chapter, the authors show how to build a decision tree from given real-time data. They interpret the output of decision tree by learning decision tree classifier using really recursive greedy algorithm. Feature selection is made based on classification error using the algorithm called feature split selection algorithm (FSSA), with all different possible stopping conditions for splitting. The authors perform prediction with decision trees using decision tree prediction algorithm (DTPA), followed by multiclass predictions and their probabilities. Finally, they perform splitting procedure on real continuous value input using threshold split selection algorithm (TSSA).


Author(s):  
Vivek Badhe ◽  
Satpal Singh ◽  
Terrence Shebuel Arvind

Association rule mining (ARM) alone is a classical yet powerful method for basic rule discovery. However, generic measures being used are insufficient for specific pattern generation and rules of business interest. Critical decision making is a “key” component in contemporary businesses which could be rewarded by periodically utilizing patterns and rules to steer business growth and profit as well. To effectuate self-propelled growth in businesses, a feasible optimal recommender system needs to be accomplished without human intervention that recommends targeted product marketing and promotional strategies. In conjunction to ARM, uncertainty is a growing challenge in data mining research with facets of being probabilistic, fuzzy, or vague. Among many set theories to surmount uncertainty, vague set theory is employed for handling vagueness in data which gives the motivation of implementing a knowledge-based recommender framework by aggregating the two approaches to predict uncertain market growth strategy patterns and profitable rules.


Author(s):  
C. Deisy ◽  
Mercelin Francis

R is a programming language that uses command-line scripting for graphical and statistical analysis and representation and finally generating a report. It is a free, open source, powerful, and highly extensible tool for data analysis. It consists of a large repository of intermediate tools for statistical and graphical analysis of data which utilizes conditional loops and user-defined functions with input and output capabilities. Statistical and analytical techniques are developed with R for various decision-making processes like forecasting, social media analytics, text mining, and so on. The chapter focuses on the basics of R, data storage elements, and its manipulation. It also highlights the usage of the machine learning algorithms for prediction, clustering, and classification. Applications like text mining are implemented to extract various patterns or rules based on the scenario. Illustrations are explained providing a base for developing many applications applying the basic concepts of R.


Author(s):  
Ravi Kumar Poluru ◽  
Bharath Bhushan ◽  
Basha Syed Muzamil ◽  
Praveen Kumar Rayani ◽  
Praveen Kumar Reddy

Performing prediction on every domain belonging to industry/firm is measured as effective management. This prediction helps the firm effectively manage human power and other resources, which leads to good productivity. In this chapter, the authors discuss applications where predictive analytics are applied. The applications are as follows: evaluation of customer lifetime value used in retail industry, customer churn management in the telecommunication sector, credit scoring in banking, sentiment analysis on product reviews to understand the customer opinion, clinical decision support systems, news analytics, and social media analytics. They conclude the application areas of predictive analytics will drive the research community towards developing novel methods for handling big data.


Author(s):  
Dineshkumar Bhagwandas Vaghela

The term big data has come due to rapid generation of data in various organizations. In big data, the big is the buzzword. Here the data are so large and complex that the traditional database applications are not able to process (i.e., they are inadequate to deal with such volume of data). Usually the big data are described by 5Vs (volume, velocity, variety, variability, veracity). The big data can be structured, semi-structured, or unstructured. Big data analytics is the process to uncover hidden patterns, unknown correlations, predict the future values from large and complex data sets. In this chapter, the following topics will be covered more in detail. History of big data and business analytics, big data analytics technologies and tools, and big data analytics uses and challenges.


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