Course Outline

Introduction

  • Differentiation between statistical learning (statistical analysis) and machine learning
  • Adoption of machine learning technology and talent by financial and banking institutions for government applications

Different Types of Machine Learning

  • Supervised learning versus unsupervised learning
  • Iteration and evaluation processes
  • Bias-variance trade-off in model selection
  • Combining supervised and unsupervised learning techniques (semi-supervised learning)

Machine Learning Languages and Toolsets

  • Comparison of open-source versus proprietary systems and software for government use
  • Evaluation of Python, R, and Matlab in the context of governmental needs
  • Overview of essential libraries and frameworks for machine learning tasks

Machine Learning Case Studies

  • Utilization of consumer data and big data analytics for government operations
  • Assessing risk in consumer and business lending within the public sector
  • Enhancing customer service through sentiment analysis for government services
  • Detecting identity fraud, billing fraud, and money laundering in governmental systems

Hands-on: Python for Machine Learning

  • Preparing the development environment for machine learning projects
  • Obtaining necessary Python machine learning libraries and packages
  • Working with scikit-learn and PyBrain in government applications

How to Load Machine Learning Data

  • Data sources including databases, data warehouses, and streaming data for government use
  • Distributed storage and processing using Hadoop and Spark for large-scale governmental datasets
  • Exported data and Excel integration in government systems

Modeling Business Decisions with Supervised Learning

  • Classifying data (classification) for informed decision-making in government
  • Predictive modeling using regression analysis for government outcomes
  • Selecting appropriate machine learning algorithms for governmental needs
  • Understanding and applying decision tree algorithms in public sector contexts
  • Exploring random forest algorithms for enhanced accuracy in government models
  • Evaluating model performance to ensure reliability for government applications
  • Practical exercise for hands-on experience

Regression Analysis

  • Linear regression techniques for government data analysis
  • Generalizations and handling nonlinearity in governmental datasets
  • Practical exercise to reinforce learning

Classification

  • Review of Bayesian principles relevant to government applications
  • Naive Bayes classification for efficient data categorization in the public sector
  • Logistic regression for binary outcomes in governmental datasets
  • K-Nearest neighbors for proximity-based classification in government systems
  • Practical exercise to apply classification methods

Hands-on: Building an Estimation Model

  • Assessing lending risk based on customer type and history for government financial services

Evaluating the Performance of Machine Learning Algorithms

  • Cross-validation and resampling techniques to ensure model reliability in government applications
  • Bootstrap aggregation (bagging) for improved predictive accuracy in public sector models
  • Practical exercise to evaluate algorithm performance

Modeling Business Decisions with Unsupervised Learning

  • Addressing scenarios where sample data sets are limited in government contexts
  • K-means clustering for data segmentation in public sector operations
  • Challenges and considerations of unsupervised learning in governmental applications
  • Exploring advanced techniques beyond K-means, including Bayes networks and Markov Hidden Models
  • Practical exercise to apply unsupervised learning methods

Hands-on: Building a Recommendation System

  • Analyzing past customer behavior to improve new service offerings in government programs

Extending Your Company's Capabilities

  • Developing machine learning models in the cloud for scalable government solutions
  • Accelerating machine learning processes with GPU technology for enhanced performance in government operations
  • Applying deep learning neural networks for advanced tasks such as computer vision, voice recognition, and text analysis in governmental applications

Closing Remarks

Requirements

  • Experience with Python programming for government applications
  • Basic familiarity with statistics and linear algebra for government data analysis
 21 Hours

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