1st Edition

Practical Machine Learning with R Tutorials and Case Studies

By Carsten Lange Copyright 2024
368 Pages 39 Color & 9 B/W Illustrations
by Chapman & Hall

368 Pages 39 Color & 9 B/W Illustrations
by Chapman & Hall

This textbook is a comprehensive guide to machine learning and artificial intelligence tailored for students in business and economics. It takes a hands-on approach to teach machine learning, emphasizing practical applications over complex mathematical concepts. Students are not required to have advanced mathematics knowledge such as matrix algebra or calculus. The author introduces machine... Read more

1. Introduction

2. Basics of Machine Learning

3. Introduction to R and RStudio

4. k-Nearest Neighbors — Getting Started

5. Linear Regression — Key Machine Learning Concepts

6. Polynomial Regression — Overfitting & Tuning Explained

7. Ridge, Lasso, and Elastic Net — Regularization Explained

8. Logistic Regression — Handling Imbalanced Data

9. Deep Learning — MLP Neural Networks Explained

10. Tree-Based Models — Bootstrapping Explained

11. Interpreting Machine Learning Results

12. Concluding Remarks

Index

Bibliography

Biography

Carsten Lange is an economics professor at Cal Poly Pomona with a keen interest in making data science and machine learning more accessible. He has authored multiple refereed articles and four books, including his 2004 book on applying neural networks for economics. Carsten is passionate about teaching machine learning and artificial intelligence with a focus on practical applications and hands-on learning.