Course Structure and Content
The course is organised into ten modules that progressively build expertise in predictive modelling techniques and business applications:- Introduction to Predictive Analytics Gain an overview of predictive analytics, its role in data-driven organisations, and common business use cases across industries.
- Data Preparation for Predictive Analytics Learn techniques for cleaning, transforming, and preparing data to ensure quality, accuracy, and reliability in predictive models.
- Regression Analysis for Predictive Modelling Explore linear and multiple regression techniques to identify patterns, forecast outcomes, and establish relationships between variables.
- Classification Techniques for Predictive Analytics Study classification methods such as logistic regression, decision trees, and random forests for applications like fraud detection and customer churn prediction.
- Time Series Forecasting Techniques Understand forecasting methods such as ARIMA, exponential smoothing, and advanced algorithms for predicting sales, demand, and market trends.
- Big Data and Predictive Analytics Examine how Big Data frameworks and cloud platforms enable predictive analytics at scale, supporting large and complex datasets.
- Automation and Deployment of Predictive Models Explore techniques for automating model workflows and deploying predictive models into business environments for continuous monitoring.
- Ethical Considerations and Future Trends in Predictive Analytics Evaluate the ethical implications of predictive modelling, including fairness, bias, and transparency, and explore emerging innovations shaping the future of predictive analytics.
Learning Outcomes
By the end of this course, learners will be able to:- Prepare data, build, and evaluate predictive models using advanced statistical and machine learning techniques.
- Apply time series forecasting methods to predict future outcomes in various business contexts.
- Leverage Big Data frameworks and technologies for scalable and efficient predictive analytics.
- Design, deploy, and monitor predictive models to support decision-making in dynamic business environments.
- Critically analyse the ethical implications of predictive analytics and apply best practices to ensure fairness and compliance.
Learning Materials
The course includes a wide range of study resources to enhance engagement and practical skills:- Recorded video lectures explaining key methods and applications.
- Visual slides to support conceptual clarity and reference.
- Case studies demonstrating real-world applications of predictive analytics.
- Practical exercises to develop and test predictive models in simulated business scenarios.