Individual Project
IS 454/554
Introduction
Explain in detail, what you wanted to work on for your individual project.
Objectives:
Users are able to understand the topic and also how that business/project operates
List and explain areas/events where you might need data for decision making
Association Analysis
Identify a RULE in your project
Identify how or what data would you need to provide SUPPORT and CONFIDENCE
for your rule
Explain, how you will calculate SUPPORT, CONFIDENCE and LIFT
What DECISION would you take based on the values related to SUPPORT,
CONFIDENCE and LIFT
CLUSTER ANALYSIS
Identify if there is a possibility of creating a group/cluster in your project
What criteria/data elements would you use to create clusters
How would you create clusters (concepts only)
How will clustering help you in your project? Explain in terms of the concept
of Heterogenous and Homogenous groups and effective use of the clusters
Decision Tree
Decision tree is used to show the effect of categorical input on categorical
output (mostly dichotomous/binary)
What could be the categorical input and output in your project?
How would you measure the effectiveness of effect of the input on output?
Concept of Chi test and p-value
How would you measure the reliability of this model in decision making?
Does Decision Tree help you with decision making in your project?
Logistic Regression
Used when we need to show the effect of an input in dichotomous/binary
output
Identify the reason of using odds ratio
How would this be different to what decision tree provides?
Compare between logistic and decision tree, which one would you prefer
Neural Network
Used for any type of input or output
Specify the significance of its ability to use multiple models in single model
How can Neural Network help with better decision making in your project?
Text Mining
How do you collect unstructured data in your project?
How would you utilize text mining to better understand the data you may
have for your project?
How important is it, in your project, to perform text mining and how would
you explain its importance? You need to explain with examples on why and
how is text analysis helpful in your project
Social Network Analysis
How would you use the concept of degree, betweenness and closeness
centrality to promote your product/project?
Does SNA have significance in terms of decision making for your project?
Pick what you think helps you most with
decision making
Of the 7 models/methods we learned in the course, which one(s) do you think
will help you with decision making in your individual project
List the models and if it hasn’t been explained earlier, explain the reason for
choosing them
