2013 Unit of Study
The session(s) below are for 2013. For Summer School 2013 unit of study availability please visit the Summer School website (main Summer session January/February 2013).
The University of Sydney session calendar shows exact dates for sessions.
|Statistical Learning and Data Mining|
|Prerequisites||ECMT5001 or QBUS5001|
|Lectures||1x 2hr lecture and 1x 1hr tutorial per week|
|Assessment||Individual assignment (20%); Mid-Semester exam (20%); Final exam (60%)|
|Description||It is now common for businesses to have access to very rich information data sets, often generated automatically as a byproduct of the main institutional activity of a firm or business unit. Data Mining deals with inferring and validating patterns, structures and relationships in data, as a tool to support decisions in the business environment. This unit offers an insight into the main statistical methodologies for the visualization and the analysis of business and market data. It provides the tools necessary to extract information required for specific tasks such as credit scoring, prediction and classification, market segmentation and product positioning. Emphasis will be given to business applications of data mining using modern software tools.|