Predictive Analysis and Forecasting

  • abhas

    SSCarpal Tunnel

    Points: 4665

    Hi,

    I am new to Data Mining. Please help me for my new assignment which i am going to start.

    1) Can we do prediction without time series algorithm.

    For example I am having University Past Data and I want to predict and forecast about below points.

    a) Predict Analysis Marital Status wise whether student will join the course or Not?

    b) Forecast whether student will pass or fail or drop the course by using his prev education data etc.

    I am new to Data Mining. Can somebody help me how can i start?

    Thanks

    Abhas.

  • Tee Time

    Hall of Fame

    Points: 3663

    have a look here for information related to association rules. 🙂

  • sneumersky

    SSCertifiable

    Points: 7667

    When new to a verticial industry, I like to go with the Naive Bayes algorithm to learn about the data. It is the least complex algorithm, but ALWAYS test with the other appropriate algorithms as well. Not all algorithms return the same results.

    The tasks you have stated do not really intuitively sound appropriate for the Time Series algorithm but it is tough to answer the question without seeing the data model.

    Decision Trees is a nice swiss army knife.

    Association rules is good for "People that bought X also bought Y".

    Clustering is commonly used for customer segmentation and classification but can be used in other ways too.

    Sequence Clustering is common used to predict the next event in a sequence of events (i.e. web site clicks).

    Hope it helps.

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