Book Image

Machine Learning with R Cookbook, Second Edition - Second Edition

By : Yu-Wei, Chiu (David Chiu)
Book Image

Machine Learning with R Cookbook, Second Edition - Second Edition

By: Yu-Wei, Chiu (David Chiu)

Overview of this book

Big data has become a popular buzzword across many industries. An increasing number of people have been exposed to the term and are looking at how to leverage big data in their own businesses, to improve sales and profitability. However, collecting, aggregating, and visualizing data is just one part of the equation. Being able to extract useful information from data is another task, and a much more challenging one. Machine Learning with R Cookbook, Second Edition uses a practical approach to teach you how to perform machine learning with R. Each chapter is divided into several simple recipes. Through the step-by-step instructions provided in each recipe, you will be able to construct a predictive model by using a variety of machine learning packages. In this book, you will first learn to set up the R environment and use simple R commands to explore data. The next topic covers how to perform statistical analysis with machine learning analysis and assess created models, covered in detail later on in the book. You'll also learn how to integrate R and Hadoop to create a big data analysis platform. The detailed illustrations provide all the information required to start applying machine learning to individual projects. With Machine Learning with R Cookbook, machine learning has never been easier.
Table of Contents (21 chapters)
Title Page
Credits
About the Authors
About the Reviewers
www.PacktPub.com
Customer Feedback
Preface

Introduction


When we think about time, we think about years, days, months, hours, minutes, and seconds. Think of any datasets and you will find some attributes which will be in the form of time, especially data related to stock, sales, purchase, profit, and loss. All these have time associated with them. For example, the price of stock in the stock exchange at different points on a given day or month or year. Think of any industry domain, and sales are an important factor; you can see time series in sales, discounts, customers, and so on. Other domains include but are not limited to statistics, economics and budgets, processes and quality control, finance, weather forecasting, or any kind of forecasting, transport, logistics, astronomy, patient study, census analysis, and the list goes on. In simple words, it contains data or observations in time order, spaced at equal intervals.

Time series analysis means finding the meaning in the time-related data to predict what will happen next or forecast...