Subject category:
Case Method and Specialist Management Disciplines
Published by:
Darden Business Publishing
Version: 21 September 2017
Revision date: 25-Sep-2017
Length: 5 pages
Data source: Published sources
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https://casecent.re/p/116926
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Abstract
The purpose of this case is to introduce data visualization, advanced regression techniques, and supervised learning. Students are asked to visualize data geographically and in scatterplots. They will use stepwise regression and regression trees to select a predictive model for forecasting data in a holdout sample. In a forecasting competition, they will submit their models to be tested for accuracy. Supervised learning techniques - such as training, validation, and testing - are introduced. Regression trees serve as both predictive and graphical tools for communicating insights from data analysis to a decision maker.
About
Abstract
The purpose of this case is to introduce data visualization, advanced regression techniques, and supervised learning. Students are asked to visualize data geographically and in scatterplots. They will use stepwise regression and regression trees to select a predictive model for forecasting data in a holdout sample. In a forecasting competition, they will submit their models to be tested for accuracy. Supervised learning techniques - such as training, validation, and testing - are introduced. Regression trees serve as both predictive and graphical tools for communicating insights from data analysis to a decision maker.