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Discriminant Analysis (Part 1)

The idea behind discriminant analysis; How to classify a record How to rank predictor importance; This video was created by Professor Galit Shmueli and has been used as part of blended and online courses on Business Analytics using Data Mining. It is part of a series of 37 videos, all of which are available on YouTube. For more information: http://www.dataminingbook.com   / gshmueli     / dataminingbook   Here is the complete list of the videos: • Welcome to Business Analytics Using Data Mining (BADM) • BADM 1.1: Data Mining Applications • BADM 1.2: Data Mining in a Nutshell • BADM 1.3: The Holdout Set • BADM 2.1: Data Visualization • BADM 2.2: Data Preparation • BADM 3.1: PCA Part 1 • BADM 3.2: PCA Part 2 • BADM 3.3: Dimension Reduction Approaches • BADM 4.1: Linear Regression for Descriptive Modeling Part 1 • BADM 4.2 Linear Regression for Descriptive Modeling Part 2 • BADM 4.3 Linear Regression for Prediction Part 1 • BADM 4.4 Linear Regression for Prediction Part 2 • BADM 5.1 Clustering Examples • BADM 5.2 Hierarchical Clustering Part 1 • BADM 5.3 Hierarchical Clustering Part 2 • BADM 5.4 K-Means Clustering • BADM 6.1 Classification Goals • BADM 6.2 Classification Performance Part 1: The Naive Rule • BADM 6.3 Classification Performance Part 2 • BADM 6.4 Classification Performance Part 3 • BADM 7.1 K-Nearest Neighbors • BADM 7.2 Naive Bayes • BADM 8.1 Classification and Regression Trees Part 1 • BADM 8.2 Classification and Regression Trees Part 2 • BADM 8.3 Classification and Regression Trees Part 3 • BADM 9.1 Logistic Regression for Profiling • BADM 9.2 Logistic Regression for Classification • BADM 10 Multi-Class Classification • BADM 11 Ensembles • BADM 12.1 Association Rules Part 1 • BADM 12.2 Association Rules Part 2 • Neural Networks: Part I • Neural Networks: Part II • Discriminant Analysis (Part 1) • Discriminant Analysis: Statistical Distance (Part 2) • Discriminant Analysis: Misclassification costs and over-sampling (Part 3)