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Data Science for Marketing Analytics - Second Edition

You're reading from  Data Science for Marketing Analytics - Second Edition

Product type Book
Published in Sep 2021
Publisher Packt
ISBN-13 9781800560475
Pages 636 pages
Edition 2nd Edition
Languages
Authors (3):
Mirza Rahim Baig Mirza Rahim Baig
Profile icon Mirza Rahim Baig
Gururajan Govindan Gururajan Govindan
Profile icon Gururajan Govindan
Vishwesh Ravi Shrimali Vishwesh Ravi Shrimali
Profile icon Vishwesh Ravi Shrimali
View More author details

Table of Contents (11) Chapters

Preface
1. Data Preparation and Cleaning 2. Data Exploration and Visualization 3. Unsupervised Learning and Customer Segmentation 4. Evaluating and Choosing the Best Segmentation Approach 5. Predicting Customer Revenue Using Linear Regression 6. More Tools and Techniques for Evaluating Regression Models 7. Supervised Learning: Predicting Customer Churn 8. Fine-Tuning Classification Algorithms 9. Multiclass Classification Algorithms Appendix

Summary

In this chapter, you learned how to perform classification using some of the most commonly used algorithms. After discovering how tree-based models work, you were able to calculate information gain, Gini values, and entropy. You applied these concepts to train decision tree and random forest models on two datasets.

Later in the chapter, you explored why the preprocessing of data using techniques such as standardization is necessary. You implemented various fine-tuning techniques for optimizing a machine learning model. Next, you identified the right performance metrics for your classification problems and visualized performance summaries using a confusion matrix. You also explored other evaluation metrics including precision, recall, F1 score, ROC curve, and the area under the curve.

You implemented these techniques on case studies such as the telecom dataset and customer churn prediction and discovered how similar approaches can be followed in predicting whether a customer...

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