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Statistics.com, a provider of online education in statistics and analytics, announces a partnership with CrowdANALYTIX, a predictive modeling “managed crowdsourcing” company, offering a new online course, “Applied Predictive Analytics in partnership with CrowdANALYTIX“, which will run from Oct. 11 to Nov 8, 2013.
The goal of this course is to teach users (who have basic knowledge of R programming, predictive analytics and statistics) to apply machine learning techniques in real world case studies. This course provides a hands on approach, presenting the opportunity to participate in a private educational competition hosted by CrowdANALYTIX.
Business Case Study: We will study data from the "daily deals" industry (consisting of websites like Groupon, Living Social etc. which source local deals to offer each day). The daily deals industry is emerging and highly competitive. The goal will be to predict the revenue from each offering using the given data.
Course Walk through: Each week, participants will be given a set of exercises and instructions to work on the raw data or processed data (details below). Users will apply their statistical/machine learning knowledge, along with their business understanding, to solve the problems and interpret the modeling results for the given business objective. The course will follow an iterative approach for problem solving, in which users are required to submit modeling responses multiple times.