Book Image

Advanced Machine Learning with R

By : Cory Lesmeister, Dr. Sunil Kumar Chinnamgari
Book Image

Advanced Machine Learning with R

By: Cory Lesmeister, Dr. Sunil Kumar Chinnamgari

Overview of this book

R is one of the most popular languages when it comes to exploring the mathematical side of machine learning and easily performing computational statistics. This Learning Path shows you how to leverage the R ecosystem to build efficient machine learning applications that carry out intelligent tasks within your organization. You’ll work through realistic projects such as building powerful machine learning models with ensembles to predict employee attrition. Next, you’ll explore different clustering techniques to segment customers using wholesale data and even apply TensorFlow and Keras-R for performing advanced computations. Each chapter will help you implement advanced machine learning algorithms using real-world examples. You’ll also be introduced to reinforcement learning along with its use cases and models. Finally, this Learning Path will provide you with a glimpse into how some of these black box models can be diagnosed and understood. By the end of this Learning Path, you’ll be equipped with the skills you need to deploy machine learning techniques in your own projects.
Table of Contents (30 chapters)
Title Page
Copyright and Credits
About Packt
Contributors
Preface
Index

Chapter 12. Time Series and Causality

 "An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today."

- Laurence J. Peter

A univariate time series is where the measurements are collected over a standard measure of time, which could be by the minute, hour, day, week, month, and so on. What makes the time series problematic over other data is that the order of the observations matters. This dependency of order can cause standard analysis methods to produce an unnecessarily high bias or variance.

It seems that there's a paucity of literature on machine learning and time series data or it's substandard. For example, I was at a data science conference in the spring of 2018, and a highly regarded machine learning expert mentioned that vector autoregression requires the data to be stationary. We'll discuss this later. When I heard this, I almost fell over. Fake data news! I informed my colleagues trained in econometrics to their horror and dismay. This...