Categorical Variable
Data Mining Techniques
Using Algorithms for Predictions
Model
Advanced Statistical Methods
Techniques for Effective Predictive Analytics
Techniques for Building Predictive Models
Techniques for Successful Predictive Analysis
Data Mining Techniques 
Association Rule Learning A rule-based method for discovering interesting relations between
variables in large databases
...The goal is to predict the
categorical label of new data points based on the learned model
...
Using Algorithms for Predictions Linear Regression A statistical method to model the relationship between a dependent
variable and one or more independent variables
...Logistic Regression A regression analysis used for prediction of outcome of a
categorical dependent variable
...
Model Linear Regression A statistical method for modeling the relationship between a dependent
variable and one or more independent variables
...Logistic Regression A regression analysis used for prediction of outcome of a
categorical dependent variable based on one or more predictor variables
...
Advanced Statistical Methods Analysis Regression analysis is a powerful statistical method used to examine the relationship between dependent and independent
variables
...Market research, resource allocation Logistic Regression Used when the dependent variable is
categorical; models the probability of a binary outcome
...
Techniques for Effective Predictive Analytics Data Transformation: Converting data into a suitable format, which may include normalization, scaling, or encoding
categorical variables
...
Techniques for Building Predictive Models Linear Regression A statistical method that models the relationship between a dependent
variable and one or more independent variables
...Logistic Regression A regression analysis used for prediction of outcome of a
categorical dependent variable based on one or more predictor variables
...
Techniques for Successful Predictive Analysis Transformation: Convert data into a suitable format for analysis, which may involve normalization, aggregation, or encoding
categorical variables
...
Statistical Tools for Evaluating Business Performance Probability Distributions: These describe how the values of a
variable are distributed
...Chi-Square Test A statistical test used to determine if there is a significant association between
categorical variables
...
Visual Techniques The x-axis typically represents time, while the y-axis represents the
variable being measured
...Can be misleading with too many lines Effective for time series data Not suitable for
categorical data Bar Charts Bar charts are used to compare quantities across different categories
...
Exploring Statistical Analysis employs various techniques, including: Regression Analysis: A method for modeling the relationship between a dependent
variable and one or more independent variables
...Chi-Square Test: A statistical test used to determine if there is a significant association between
categorical variables
...
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