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Practical Predictive Analytics

You're reading from   Practical Predictive Analytics Analyse current and historical data to predict future trends using R, Spark, and more

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Product type Paperback
Published in Jun 2017
Publisher Packt
ISBN-13 9781785886188
Length 576 pages
Edition 1st Edition
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Author (1):
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Ralph Winters Ralph Winters
Author Profile Icon Ralph Winters
Ralph Winters
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Table of Contents (13) Chapters Close

Preface 1. Getting Started with Predictive Analytics FREE CHAPTER 2. The Modeling Process 3. Inputting and Exploring Data 4. Introduction to Regression Algorithms 5. Introduction to Decision Trees, Clustering, and SVM 6. Using Survival Analysis to Predict and Analyze Customer Churn 7. Using Market Basket Analysis as a Recommender Engine 8. Exploring Health Care Enrollment Data as a Time Series 9. Introduction to Spark Using R 10. Exploring Large Datasets Using Spark 11. Spark Machine Learning - Regression and Cluster Models 12. Spark Models – Rule-Based Learning

Target time series variable


The variable that we will begin to look at initially will be the variable Not.Covered. We will be interested in examining any possible enrollment trends using this variable. Since the population size will differ depending upon the category, we will calculate the percentage of people not covered in a given year by dividing the raw number corresponding to this variable by the total in the population for that category. This will give us a new variable named Not.Covered.Pct. This will also standardize the metric across the different-sized categories, large and small, and enable us to compare.

After calculating the variable, we can print the first few records, and also print some summary statistics for this one variable:

Note

Note that the average non covered percentage was 14.5% of all of the years, but you can see that there is a considerable able of variation by just looking at the difference between the 1st and 3rd quartile (.15 - .11) = .04. That can translate to...

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