Book Image

R Machine Learning By Example

By : Raghav Bali
Book Image

R Machine Learning By Example

By: Raghav Bali

Overview of this book

Data science and machine learning are some of the top buzzwords in the technical world today. From retail stores to Fortune 500 companies, everyone is working hard to making machine learning give them data-driven insights to grow their business. With powerful data manipulation features, machine learning packages, and an active developer community, R empowers users to build sophisticated machine learning systems to solve real-world data problems. This book takes you on a data-driven journey that starts with the very basics of R and machine learning and gradually builds upon the concepts to work on projects that tackle real-world problems. You’ll begin by getting an understanding of the core concepts and definitions required to appreciate machine learning algorithms and concepts. Building upon the basics, you will then work on three different projects to apply the concepts of machine learning, following current trends and cover major algorithms as well as popular R packages in detail. These projects have been neatly divided into six different chapters covering the worlds of e-commerce, finance, and social-media, which are at the very core of this data-driven revolution. Each of the projects will help you to understand, explore, visualize, and derive insights depending upon the domain and algorithms. Through this book, you will learn to apply the concepts of machine learning to deal with data-related problems and solve them using the powerful yet simple language, R.
Table of Contents (15 chapters)
R Machine Learning By Example
Credits
About the Authors
About the Reviewer
www.PacktPub.com
Preface
Index

Next steps


We have analyzed our dataset, performed necessary feature engineering and statistical tests, built visualizations, and gained substantial domain knowledge about credit risk analysis and what kind of features are considered by banks when they analyze customers. The reason why we analyzed each feature in the dataset in detail was to give you an idea about each feature that is considered by banks when analyzing credit rating for customers. This was to give you good domain knowledge understanding and also to help you get familiar with the techniques of performing an exploratory and descriptive analysis of any dataset in the future. So, what next? Now comes the really interesting part of using this dataset; building feature sets from this data and feeding them into predictive models to predict which customers can be potential credit risks and which of them are not. As mentioned previously, there are two steps to this: data and algorithms. In fact, we will go a step further and say...