Introduction to Predictive Modelling in Business
Learn how predictive modelling can help you make better business decisions as you explore the core concepts and CRISP-DM process with this online course from Deakin University.
Duration
2 weeks
Weekly study
3 hours
100% online
How it works
Unlimited subscription
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Accreditation
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Established
1974
Location
Melbourne, Australia
World ranking
Source: QS World University Rankings 2021
The modern world is full of prediction problems in business and economics. On this two-week course, you’ll learn how to solve these problems using the concepts of machine learning and predictive modelling.
You’ll also understand how to identify predictive modelling opportunities with economic data for use within both public and private sectors.
One of the most commonly used processes for managing predictive modelling projects in the industry is the Cross Industry Standard Process for Data Mining, or CRISP-DM for short.
CRISP-DM consists of six phases: business understanding, data understanding, data preparation, modelling, evaluation, and deployment. This course will cover these phases at a conceptual level to help you understand their relevance in a corporate environment.
Throughout the course, you’ll be guided by the specialists at Deakin University to help you gain a solid understanding of predictive modelling and how it’s used in business.
You’ll finish the course with the knowledge and skills to help you make better business and economic decisions.
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