Following the first edition (2006), the Indian edition (2008) and the Korean edition (2009), we are glad to announce the new-and-improved 2nd edition. In this edition we've added a set of chapters on forecasting time series, as well as a full chapter on data visualization with an emphasis on data mining and on interactive visualization. A new case, new datasets, and new chapter exercises are also available. Readers with short attention span will enjoy the chapter summaries at the beginning of each chapter. First edition users will notice the nicer design of the new edition. All the datasets used in the book are publicly available at http://www.dataminingbook.com, as are instructor materials (slides, solutions, and more).
News
2nd Edition of "Data Mining for Business Intelligence" Now Available!
3-Day Workshop on "Decision Making Using Excel" in Bhutan
Prof Shmueli conducted a 3-day workshop for decision makers in Bhutan on Decision Making Using Excel. The workshop was attended by participants from government (Ministry of Health, Ministry of Agriculture, Revenue & Customs, His Majesty's office), corporates (Bhutan Telecom, Kuensel newspaper), research institutes (Royal Institute of Health, Royal Education Council), and private organizations - non-profits and for-profit (Bhutan Foundation, Rigsum Institute, BISHT and others).
The opening of the workshop coincided with the 1st World Statistics Day, which was a perfect match! The workshop highlighted the usefulness of data for project planning, evaluation, communication and presentation.
The number of seats was limited to 20 to allow for a fully hands-on workshop. Wait-listed candidates will have another opportunity to attend the same workshop in the future.
"Predictive Analytics in IS Research" Accepted to MISQ
Our manuscript Predictive Analytics in Information Systems Research has been accepted to MIS Quarterly. In the manuscript we discuss the differences between empirical modeling for causal explanation and for prediction, and the role of predictive analytics in theory building and testing in the field of information systems.
This manuscript has evolved throughout the revision process, and has changed titles from "Explanatory vs. Predictive Modeling in IS Research" to "The Challenge of Prediction in IS Research" to its final title.
Prof Shmueli is in Bhutan
I will be on leave in Bhutan this academic year.
My student Inbal Yahav completes PhD
Inbal Yahav just received her PhD in Operations Research and Data Mining. Her work combines OR, statistics, and data mining approaches and methods for healthcare decision support systems. She received the Golub award for her dissertation and is now a visiting Assistant Professor at the Smith School of Business.