Book Image

R Machine Learning Projects

By : Dr. Sunil Kumar Chinnamgari
Book Image

R Machine Learning Projects

By: Dr. Sunil Kumar Chinnamgari

Overview of this book

R is one of the most popular languages when it comes to performing computational statistics (statistical computing) easily and exploring the mathematical side of machine learning. With this book, you will leverage the R ecosystem to build efficient machine learning applications that carry out intelligent tasks within your organization. This book will help you test your knowledge and skills, guiding you on how to build easily through to complex machine learning projects. You will first learn how to build powerful machine learning models with ensembles to predict employee attrition. Next, you’ll implement a joke recommendation engine and learn how to perform sentiment analysis on Amazon reviews. You’ll also explore different clustering techniques to segment customers using wholesale data. In addition to this, the book will get you acquainted with credit card fraud detection using autoencoders, and reinforcement learning to make predictions and win on a casino slot machine. By the end of the book, you will be equipped to confidently perform complex tasks to build research and commercial projects for automated operations.
Table of Contents (12 chapters)
10
The Road Ahead

Credit Card Fraud Detection Using Autoencoders

Fraud management has been known to be a very painful problem for banking and finance firms. Card-related frauds have proven to be especially difficult for firms to combat. Technologies such as chip and PIN are available and are already used by most credit card system vendors, such as Visa and MasterCard. However, the available technology is unable to curtail 100% of credit card fraud. Unfortunately, scammers come up with newer ways of phishing to obtain passwords from credit card users. Also, devices such as skimmers make stealing credit card data a cake walk!

Despite the availability of some technical abilities to combat credit card fraud, The Nilson Report, a leading publication covering payment systems worldwide, estimated that credit card fraud is going to soar to $32 billion in 2020 (https://nilsonreport.com/upload/content_promo...