Sign In Start Free Trial
Account

Add to playlist

Create a Playlist

Modal Close icon
You need to login to use this feature.
  • Book Overview & Buying Predictive Analytics using Rattle and Qlik Sense
  • Table Of Contents Toc
  • Feedback & Rating feedback
Predictive Analytics using Rattle and Qlik Sense

Predictive Analytics using Rattle and Qlik Sense

By : Ferran Garcia Pagans, Fernando G Pagans
4 (5)
close
close
Predictive Analytics using Rattle and Qlik Sense

Predictive Analytics using Rattle and Qlik Sense

4 (5)
By: Ferran Garcia Pagans, Fernando G Pagans

Overview of this book

If you are a business analyst who wants to understand how to improve your data analysis and how to apply predictive analytics, then this book is ideal for you. This book assumes you have some basic knowledge of statistics and a spreadsheet editor such as Excel, but knowledge of QlikView is not required.
Table of Contents (11 chapters)
close
close
10
Index

Model evaluation


As we saw in Chapter 7, Model Evaluation, to evaluate the performance of a regression model, we can use a plot called Predicted versus Observed Plot (Pr v Ob), as shown here:

We've quickly developed a model that achieved a Pseudo R-square of 0.744. We did a small optimization in the model; we can improve the performance by working with the different variables.

After improving the model using the training dataset to build the model and the validation dataset to evaluate this performance, we need to confirm the performance of our model by creating a Predicted versus Observed Plot with the test dataset. We can do that to detect overfitting.

A very interesting feature of Rattle is that we can run multiple models and evaluate the performance of the different models. Go to the Model tab and build a Neural Network model. Now, return to the Evaluate tab and select the Linear and Neural Net checkboxes and press the Execute button, you can compare the two different models, as shown in...

Unlock full access

Continue reading for free

A Packt free trial gives you instant online access to our library of over 7000 practical eBooks and videos, constantly updated with the latest in tech

Create a Note

Modal Close icon
You need to login to use this feature.
notes
bookmark search playlist font-size

Change the font size

margin-width

Change margin width

day-mode

Change background colour

Close icon Search
Country selected

Close icon Your notes and bookmarks

Delete Bookmark

Modal Close icon
Are you sure you want to delete it?
Cancel
Yes, Delete

Delete Note

Modal Close icon
Are you sure you want to delete it?
Cancel
Yes, Delete

Edit Note

Modal Close icon
Write a note (max 255 characters)
Cancel
Update Note

Confirmation

Modal Close icon
claim successful

Buy this book with your credits?

Modal Close icon
Are you sure you want to buy this book with one of your credits?
Close
YES, BUY