Chris Anderson is a professor at the Cornell Nolan School of Hotel Administration. Prior to his appointment in 2006, he was on the faculty at the Ivey School of Business in London, Ontario, Canada. Professor Anderson’s main research focus is on revenue management and service pricing. He actively works in the application and development of revenue management across numerous industry types, including hotels, airlines, and rental car and tour companies, as well as numerous consumer packaged goods and financial services firms. Professor Anderson’s research has been funded by numerous governmental agencies and industrial partners. He serves on the editorial board of the Journal of Revenue and Pricing Management and is the regional editor for the International Journal of Revenue Management. At the Nolan School of Hotel Administration, Professor Anderson teaches courses in revenue management and service operations management.
Data modeling has become a pervasive need in today's business environment. Often the volume of data you need to process goes beyond the capabilities of spreadsheet modeling. When this is the case, the statistical programming language R offers a powerful alternative. With R, you can avoid the cost of standalone statistical packages. Likewise, you don't need a huge investment in learning the structures required to use a more fully featured programming language.
In this course, you will work through the basic methods of predictive analytics, including generating descriptives, visualization, single and multiple regression, and logistic regression. The benefits of using R for logistic regression are significant, and these are explored in detail. When you have completed this course, you will have gained experience developing R code to solve novel problems in which basic predictive methods are required.
Key Course Takeaways
- Bring data into working memory within an R integrated development environment (IDE)
- Create and manipulate basic data structures
- Generate statistical descriptives and visualizations of a dataset using R
- Use regression to quantify relationships between variables
- Quantify relationships between variables when the dependent variable is categorical
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How It Works
Who Should Enroll
- Data scientists
- Functional managers
- Any professional that uses data to make business decisions