Introduction to Decision Tree
Learning Objectives – In this module, you will understand What is a Decision Tree and what are the benefits. What are the core objectives of Decision Tree modelling, How to understand the gains from the Decision Tree and How does one apply the same in business scenarios
Topics – Decision Tree modeling Objective, Anatomy of a Decision Tree, Gains from a decision tree (KS calculations), and Definitions related to objective segmentations
Data design for Modelling
Learning Objectives – In this module, you will learn how to design the data for modelling
Topics – Historical window, Performance window, Decide performance window horizon using Vintage analysis, General precautions related to data design
Data treatment before Modelling
Learning Objectives – In this module, you will learn how to ensure Data Sanity check and you will also learn to perform the necessary checks before modelling
Topics – Data sanity check-Contents, View, Frequency Distribution, Means / Uni-variate, Categorical variable treatment, Missing value treatment guideline, capping guideline
Classification of Tree development and Algorithm details
Learning Objectives – In this module, you will learn to use R and the Algorithm to develop the Decision Tree.
Topics – Preamble to data, Installing R package and R studio, Developing first Decision Tree in R studio, Find strength of the model, Algorithm behind Decision Tree, How is a Decision Tree developed?, First on Categorical dependent variable, GINI Method, Steps taken by software programs to learn the classification (develop the tree), Assignment on decision tree
Industry practice of Classification tree-Development, Validation and Usage
Learning Objectives – In this module you will understand how Classification trees are Developed, Validated and Used in the industry
Topics – Discussion on assignment, Find Strength of the model, Steps taken by software program to implement the learning on unseen data, learning more from practical point of view, Model Validation and Deployment.
Regression Tree and Auto Pruning
Learning Objectives – In this module you will understand the Advance stopping criteria of a decision tree. You will also learn to develop Decision Trees for numerous outcomes.
Topics – Introduction to Pruning, Steps of Pruning, Logic of pruning, Understand K fold validation for model, Implement Auto Pruning using R, Develop Regression Tree, Interpret the output, How it is different from Linear Regression, Advantages and Disadvantages over Linear Regression, Another Regression Tree using R
Learning Objectives – In this module you will learn what is Chi square and CHAID and their working and also the difference between CHAID and CART etc..
Topics – Key features of CART, Chi square statistics, Implement Chi square for decision tree development, Syntax for CHAID using R, and CHAID vs CART.
Learning Objectives – In this module you will learn about ID3, Entropy, Random Forest and Random Forest using R
Topics – Entropy in the context of decision tree, ID3, Random Forest Method and Using R for Random forest method, Project work