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WELCOME TO PREDICTIVE ANALYTICS

This page will guide you through the course syllabus and provide important information related to this course. In this course you will understand how predictive analytics tools can be used to analyze real-life business problems such as prediction, classification and discrete choice problems. The focus will be on case-based practical problem-solving using predictive analytics techniques to interpret model outputs. The challenges, important concepts and other relevant content will be delivered through videos and reading materials. And finally, your understanding of the course material will be assessed in the quiz sections.

PREREQUISITES

Advanced Statistical Concepts: Descriptive statistics, Probability Distribution, Hypothesis testing, ANOVA

Software Requisites:  SPSS / SAS / STATA.               


COURSE AGENDA


WeekSection NameTopics CoveredStart Date
1 Introduction to Analytics
  • Introduction to Analytics
  • Analytics in Decision Making
  • Game changers & Innovators
  • Predictive Analytics
  • Experts view on Analytics
 25-09-2017
2

Simple Linear Regression (SLR)
  • Case-let Overview
  • Introduction to Regression
  • Model Development
  • Model Validation
  • Demo using Excel & SPSS
 2-10-2017
3 Multiple Linear Regression (MLR)
  • Multiple Linear Regression
  • Estimation of Regression Parameters
  • Model Diagnostics
  • Dummy, Derived & Interaction Variables
  • Multi-collinearity 
  • Model Deployment
  • Demo using SPSS
 9-10-2017
4  Logistic Regression 
  • Discrete choice models
  • Logistic Regression
  • MLE Estimation of Parameters
  • Logistic Model Interpretation
  • Logistic Model Diagnostics
  • Logistic Model Deployment
  • Demo using SPSS
 23-10-2017
5 Decision Trees and Unstructured data analysis
  • Introduction to Decision Trees
  • CHI-Square Automatic Interaction Detectors (CHAID)
  • Classification and Regression Tree (CART)
  • Analysis of Unstructured data
  • Naive Bayes Classification
  • Demo using SPSS
 30-10-2017
6 Forecasting and Time series Analysis
  • Forecasting
  • Time Series Analysis
  • Additive & Multiplicative models
  • Exponential smoothing techniques
  • Forecasting Accuracy
  • Auto-regressive and Moving average models
  • Demo using SPSS
 06-11-2017
7 Preparation and Final Exam
  • Study Plan
  • Graded Assessment

18-11-2017



TIME COMMITMENT

Course Length:


a) 7 Weeks (6 weeks of content, 1 week of preparation and exam)

b) Each week is released on Monday, 09.00 am (IST). 

Weekly Commitment


4-5 hours per week. This includes the time spent in going through the course materials (videos and reading materials), taking up the assessments and participating in the discussion forums.


GRADING

Grading Scheme

Your grade is entirely based on the final exam score.

Note: The ungraded assessments are interspersed throughout the course to recall what you have learnt so far. These do not count for final assessments.

Certification

You will need to get a total mark of 50% or higher to earn a completion certificate.


ASSESSMENTS

This course include both graded and un-graded assessments. The un-graded assessments contain practice questions that will test your understanding of the concepts presented in the course.

The score that you receive in the weekly-graded assessments count towards your final course grade.

Graded Assessments Instructions

Graded assessments may also have due dates, or the last possible time you can submit an assignment. Once the due date has passed, you cannot receive credit for any incomplete problems in the assignment.

Some graded assignments do not have due dates, and some assignments with due dates are not graded. If an assignment has a due date, the due date appears under the learning sequence name in the course accordion. If an assignment is graded, the name of the assignment appears under the name of the learning sequence, and a blue alarm clock appears next to the learning sequence name in the course accordion.

The image below shows an example of three different assignments. In this example, both first and last assignments are graded, but only the last assignment has a due date.

The course accordion with three examples of assignments: one with a due date, one with a grade, and one with a due date and a grade.

Please ensure the following:

a) Click the Save button to save your answer. These answers will not be graded at this stage.

b) Click the Check button at the end of every question to record your choice and get your answer graded.

Note:

a) You need an overall score 50% to pass the assessment and receive the course completion certificate.

b) Please check the number of attempts specified for each assessment.


DISCUSSION

All registered participants of a MOOC on edX will have access to a course-specific online discussion forum. Participation in such forums is encouraged because it contributes significantly in the form of peer learning. Discussion forums are commonly used in online courses to provide learners an opportunity to reflect on, discuss and share knowledge gained from the online content. Participation in these forums is strongly encouraged by the course staff.

Download the IIMBx Discussion Forum Guidelines PDF for more information.

Academic Code of Conduct

Please follow the rules for academic honesty and online conduct for this course by reading IIMBx Terms of Services.                                        

NOTE

  • Many of these dates are dynamic and subject to change during the course run. Please be sure to visit the Course Home page and refer to your weekly course email for any change in any of the dates listed above.
  • As you work through your course, you’ll see dates and times when new materials are released and when assignments and exams are due. It’s important to remember that IIMBx lists all times in Coordinated Universal Time (UTC), 24-hour format.