Workshop on Logistic Regression through 'Orange: A Data Mining Toolkit’

-

RESOURCE PERSON AND BRIEF DETAILS 

Dr. Ajay Kumar Chauhan
Assistant Professor, IMT, Ghaziabad

His areas of specialization are Security Analysis and Portfolio Management, Financial Econometrics, Financial Risk Management and Business Research Methods. His research interests are in the fields of Risk Management, Derivatives, and Corporate Finance. He has published several research papers in acclaimed journals.

The Institute of Management organized a workshop for the students and the faculty members of CHRIST (Deemed to be) University, Delhi, NCR Campus on Logistic Regression through Orange, an open-source data mining, data visualization and machine learning toolkit. It features a visual programming front-end for explorative data analysis, interactive data visualization and can be used as a Python library.
The key learnings from this session were:-
•        Insights on logistic regression and linear probability model. Logistic Regression is a technique borrowed by machine learning from the field of statistics. This is a very effective algorithm, used for problem classification and predictive analytics.
The resource person explained it using examples from different fields to give the students a clear understanding about the logistic regression concept.
•        The resource person introduced the ‘Orange’ software by giving insights on ‘How to use Orange software’, classification and clustering of data and the forecasting and link analysis of data into useful information.

The session was summarized with the help of a case study.

Comments

Post a Comment

Popular posts from this blog

DID You KNOW That ??

-
Image
When we talk of MBA/PGDM the first question which arises in the minds of every aspring candidate is which specialization. When the world is so dynamic and you ought to be smarter and tougher to withstand the pressure. A lot of people think as finance as a career ahead. This is actually a great opportunity to build your career in this field. Top PGDM colleges help students to be good at numbers and develop an analytical bend. The specialization helps the students to learn about Financial Planning, Corporate Financing, Portfolio Management, Banking, Insurance and many other related sectors. During the course of time Christ Institute of Management, Delhi NCR gives students an opportunity to be CImA (Chartered Institute of Management Accountants) certified. It shall give a real boost to the finance career. Becoming CIMA qualified shows you have the skills and knowledge needed to work in various business and finance roles, not just accountancy jobs. A student develops broad range of att
Read more

REJUVENATION OF MINDS

-
Image
In this competitive environment everyone should be competent enough in every field whether its academics, sports, cultural activities etc. and nothing better than a football match can refresh the minds of student. In every sport Team work, Leadership, Unity, Will power and Determination is required. If you see all these traits are also required in a Manager who wants to be successful.              With the help of sports Christ Institute of Management, Delhi NCR students are learning how to built it and work in a team, which is most important for a budding manager.  It is a way to take some time off from hectic schedule of work but with that it is a learning process too. A leader always talks about team whether team is at losing side or winning side. They all should work along with no matter what circumstances they face. Educationalist has all along talked of the desirability of all round development, holistic development or inclusive development. Top PGDM colleges
Read more

Group Discussion - Integral Part

-
Image
Group discussion is one of the most important round to qualify and get admission into any Best B-  schools . GD is always an excellent tool used by the interviewer to analysis students attitute, communication skill, listening skills, interpersonal skills, whether a student has the ability to work in teams. Thus as an aspiring candidate you must know how to put forward critical comments, how to support or disagree with arguments, how to interrupt to ask question or make a point. Below are few Do's and Don'ts which  will suely help you to crack into MBA Colleges. Do’s o    The first and foremost thing in Group Discussion is “Be Aware”. o    Think Differently. o    Try to initiative. o    Be creative. o    Be assertive with polite. o   Observe your body  language, like sit erect, never point fingers, etc o    When you are putting your point say sentences like: §   Sorry to interrupt §   I partially agree with you §   I am sorry but I don’t agree w
Read more