Explain the difference between classification methods and prediction methods.
Week 6 Reading and Preparation
Learning Outcomes
Upon completion of this week’s activities, you will be able to:
Explain the difference between classification methods and prediction methods.
Describe commonly-used approaches to classification and prediction.
Recognize the conditions that cause a data model to be an over-fit.
Partition a database to test data models.
Describe performance measures such as a classification matrix, a liftchart, and a decile-wise lift chart.
Describe methods for building models from large databases.
Apply methods for building models from large databases.
Describe the strengths and weaknesses of commonly-used methods for building models from large databases.
Reading
Read the following to prepare for this week:
Chapter 6: Classification and Prediction Methods
New Assignments
The following assignment(s) are new this week. Read the assignments and contact your professor if you have any questions:
6-1: Classification and Prediction Methods Discussion
6-2: Week 6 Exercises
Deliverables
The following assignment(s) are due this week:
6-1: Classification and Prediction Methods Discussion
6-2: Week 6 Exercises
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