Domain Specific Predictive Analytics: A Case Study With R

As part of our research work Predictive analytics, we are interested to perform experiments on the areas, Supply Chain Risk Management, Credit Scoring and Bankruptcy Prediction. When comparing to previous studies on this topic, our research is novel in the following areas. All the experiments carried out in this paper have used three different application specific data repositories that are described in detail in Design and implementation section. Focused on making use of traditional predictive techniques Linear Discriminant Analysis (LDA), Quadratic Discriminant Analysis (QDA) and compared their performance with respect to Accuracy, Misclassification, Precision, Recall, prevalence and F-Score. we compared the performance of classification algorithms like: Naive Bayes, K Nearest Neighbor with respect to Error in Classification. Analyzed the performance of Model Averaging generation algorithm with respect to average of Markov Blanket size, Neighbourhood size and Branching factor. The main finding from our research is LDA is very good choice when modeling Supply Chain Risk Management, Credit Scoring and Bankruptcy Prediction.

[1]  Yufei Xia,et al.  A boosted decision tree approach using Bayesian hyper-parameter optimization for credit scoring , 2017, Expert Syst. Appl..

[2]  Philippe du Jardin,et al.  Dynamics of firm financial evolution and bankruptcy prediction , 2017, Expert Syst. Appl..

[3]  John Quigley,et al.  Exploring dependency based probabilistic supply chain risk measures for prioritising interdependent risks and strategies , 2017, Eur. J. Oper. Res..

[4]  Wei Yang,et al.  Reject inference in credit scoring using Semi-supervised Support Vector Machines , 2017, Expert Syst. Appl..

[5]  Francisco Javier García Castellano,et al.  Expert Systems With Applications , 2022 .

[6]  Kyung-shik Shin,et al.  Optimization of cluster-based evolutionary undersampling for the artificial neural networks in corporate bankruptcy prediction , 2016, Expert Syst. Appl..

[7]  Jakub M. Tomczak,et al.  Ensemble boosted trees with synthetic features generation in application to bankruptcy prediction , 2016, Expert Syst. Appl..

[8]  Deron Liang,et al.  Financial ratios and corporate governance indicators in bankruptcy prediction: A comprehensive study , 2016, Eur. J. Oper. Res..

[9]  Kerrie Mengersen,et al.  Utility of Bayesian networks in QMRA-based evaluation of risk reduction options for recycled water. , 2016, The Science of the total environment.

[10]  Yu Wang,et al.  Fault propagation behavior study and root cause reasoning with dynamic Bayesian network based framework , 2015 .

[11]  Myles D. Garvey,et al.  An analytical framework for supply network risk propagation: A Bayesian network approach , 2015, Eur. J. Oper. Res..

[12]  J. Ledolter Data Mining and Business Analytics with R , 2013 .

[13]  K. Sachs,et al.  Causal Protein-Signaling Networks Derived from Multiparameter Single-Cell Data , 2005, Science.

[14]  J. Contreras,et al.  Forecasting Next-Day Electricity Prices by Time Series Models , 2002, IEEE Power Engineering Review.