Overview
Description
This course focuses on predictive analytics, which predicts outcomes and future trends from existing data to help discover new relationships. Prediction helps decision makers evaluate possible future outcomes and define new predictors.
Requirements
Prerequisites
BAN 701
Original catalog text
Prerequisites
Prerequisite(s): BAN 701.
Units
Lecture3
Catalog Details
Offering
Offered: Every Summer
Terms
summer
Attributes
Standard
Learning Outcomes
- apply predictive analytic methods to identify new trends and patterns, uncover relationships, create forecasts, predict likelihoods, and test predictive hypotheses.
- use quantitative and classification predictive model.
- use popular tools and software used in industry for predictive analytics, especially R, R Studio and R Markdown.
- formulate predictive analytics questions.
- search, identify, gather and pre-process data for the analysis.
- evaluate the soundness, appropriateness and validity of their models and how to interpret and report on results for a management audience.