Business analytics as management tool
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Advanced Business and Financial Management — CAIIB.
One-liners from this chapter
Free sample — 8 of 92 rapid-fire Q&A cards.
Descriptive — Looks at / Question / Banking example?
Looks at: Past data; Question: What happened?; Banking example: Monthly NPA dashboard
Diagnostic — Looks at / Question / Banking example?
Looks at: Past data; Question: Why did it happen?; Banking example: Loan default root-cause analysis
Predictive — Looks at / Question / Banking example?
Looks at: Future; Question: What is likely?; Banking example: Credit-card fraud scoring
Prescriptive — Looks at / Question / Banking example?
Looks at: Future; Question: What should we do?; Banking example: Dynamic loan pricing
Association rules — Idea / Examples?
Idea: If-then statements; uses support & confidence; Examples: Market-basket analysis
Classification — Idea / Examples?
Idea: Partition data into categories; Examples: Decision trees, Naive Bayes, k-NN, logistic regression
Clustering — Idea / Examples?
Idea: Group similar elements; Examples: k-means, hierarchical, Gaussian mixture models
Regression — Idea / Examples?
Idea: Predict numeric values from variables; Examples: Linear, multivariate regression
Video classes for this chapter
Business analytics as management tool
Business analytics as management tool
Business analytics as management tool
Business analytics as management tool
Business analytics as management tool
MCQ practice tests
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