This course will enable students to exercise Multivariate Techniques in R environment in different Business Cases. They will know the different techniques covered under the scope of Multivariate Analysis and will be able to apply and build select Predictive Models in the context of Binary Classification and Time Series.
Learning outcome (at course level) | Learning and teaching strategies | Assessment Strategies |
| Approach in teaching: Interactive Lectures, Discussion, Demonstrations, Group activities, Teaching using advanced IT audio-video tools. Learning activities for the students: Effective assignments, Giving tasks. | One Annual Practical Test, File/Seminar/Reports etc. |
Logical Arguments, Missing Values, Characters, Factors and Numeric, Help in R, Vector to Matrix, Matrix Access, Data Frames, Data Frame Access, Basic Data Manipulation Techniques, Usage of various apply functions – apply, lapply, sapply and tapply, Outliers treatment.
Mean, Mode and Median, Charts (Bar, Pie and Box Plot Histogram, Stem and Leaf Diagram), Measures of dispersion (Range, Inter-Quartile-Range, Standard Deviation, Skewness and Kurtosis), Standard Error of Mean and Confidence Intervals.
Discrete Probability Distributions: Binomial, Poisson, Continuous Probability Distribution, Normal Distribution &t-distribution, Sampling Distribution and Central Limit Theorem.
(one sample, independent sample, paired sample and two and more then two samples)
Positive and Negative Correlation, Perfect Correlation, Correlation Matrix, Scatter Plots, Simple Linear Regression, R Square, Adjusted R Square, Testing of Slope, Standard Error of Estimate, Overall Model Fitness, Assumptions of Linear Regression, Multiple Regression, Coefficients of Partial Determination, Durbin Watson Statistics, Variance Inflation Factor.
Odds versus Probability, Logit Function, Classification Matrix, Individual Group Classification Efficiency, Overall Classification Efficiency, Nagelkerke R Square, Receiver Operating Characteristic Curve, Sensitivity, Specificity, Area Under ROC Curve, Cut-Offs, True Positive Rate and False Positive Rate.
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