## Module 6: Machine Learning

Review:

- Module 5
- Annotated Bibliography assignment

Presentation:

- Video Lecture
- Machine Learning

Assignment:

- Complete Machine Learning for Business (full course) on DataCamp

Author: Justin

- 18 hours ago
- fb20-busad591
- Justin

Review:

- Module 5
- Annotated Bibliography assignment

Presentation:

- Video Lecture
- Machine Learning

Assignment:

- Complete Machine Learning for Business (full course) on DataCamp

- 2 weeks ago
- f20-busad360
- Justin

Review:

- Statistics in Spreadsheets Part 1
- Chapter 3, Statistical Hypothesis Testing

Presentation:

**Zoom Recording**- Statistics in Spreadsheets Part 2

Assignment:

- Complete Statistics in Spreadsheets course
- Have a restful Thanksgiving break!

- 2 weeks ago
- f20-busad360
- Justin

Review:

- Retirement Portfolio Simulation
- Data Science for Business
- Python

Presentation:

Assignment:

- Complete Intro to Statistics in Spreadsheets
- Chapter 1 and 2 before class Thu
- Chapter 3 and 4 before Thanksgiving Break

- 2 weeks ago
- fb20-busad591
- Justin

Review:

- Module 4

Presentation:

**Video Lecture**- Prescriptive analytics
- Discrete mathematics
- Supply chain network optimization
- Inventory safety stock optimization

Assignment:

- Create an industry-specific “Analytics” Bibliography
- Choose an industry of interest (e.g., Sports, Health Care, Finance)
- Find written resources (journal or news articles, books, etc) using library databases, search engines, etc.
- List them and write a brief description of each resource
- Here’s a Help Sheet on how to write an annotated bibliography

- I recorded a
**video session with Librarian, Isabel Sotoluna**for this assignment.**Watch it!**

- 3 weeks ago
- f20-busad360
- Justin

Review:

- Retirement portfolio simulation

Presentation:

**Zoom Recording****Data Science**- Combination of statistics + programming with big data
- Hot like computer software development in the 1990’s
- Salaries are really high

**Python**- Programmers and companies are moving to Python
- Google uses Python extensively
- Python is gaining market share rapidly

**R**- Statistical Computing
- Growing fast but not as fast as Python
- Python is easier, more flexible
- R is more robust for heavy duty statistical modeling
- Many job ads ask for both R and Python skills

Assignment:

- Data Science for Business (entire course)
- Due Wed Nov 18 at 11:59pm
- (nothing to submit, I will check status on datacamp.com)

- 3 weeks ago
- f20-busad360
- Justin

Review:

- Remote Learning (thru end of semester)
- Stock + Bond Simulation

Presentation:

**Zoom recording**- Stock Market (or Retirement Portfolio) Simulation

Assignment:

**Assignment 9**- Required Elements
- 40-year time horizon
- Simulation count, n=100
- Ability to set/modify simulation parameters by changing cell values (not by editing formula)
- initial balance
- annual contribution
- stock/bond % allocation
- financial target, e.g., $1,000,000

- Functional start button to launch automation of simulation
- Display at end of simulation
- probability (%) of reaching financial target
- distribution of end balances on a histogram
- calculation of Max, Min, Mean, Median and Standard Deviation of end balances

- 3 weeks ago
- fb20-busad591
- Justin

Review:

- Module 3
- Discussion
- Essays

Presentation:

- Video Lecture
- Simulation Overview
- Monte Carlo Simulation with Automation in Google Sheets

Assignment:

- Use the Stock and Bond Portfolio simulation
- Allocate % Stocks vs Bonds
- Enter Beginning Balance amount
- Enter Annual Contribution amount
- Enter Retirement Target amount
- Run Simulation
- Try different combinations and repeat

- Essay Questions (~1-page per question)
- Summarize your retirement savings expectations after experimenting with the simulation
- How could you use a comparable simulation approach in your current business or later in your professional life?

- 4 weeks ago
- f20-busad360
- Justin

Review:

- Election
- Status
- AP vs NYTimes vs FoxNews
- Shifts from 2016
- Simulation
- Polling error

- Grading
- Final Exam will take place during Finals week

Presentation:

- Video: https://youtu.be/rkLOtXtPnX8

- Back to the Stock Market Simulation
- Demonstrate adding/combining Bond Market returns

Assignment:

- Add a “fixed income” (bonds) component to your stock market simulation
- Assume bond market returns are normally distributed
- mean = 7.88%
- standard deviation = 6.86%

- Your “portfolio” allocation should be 60% stocks and 40% bonds
- Stock market and bond market returns should be combined each year and then reallocated in the next year.

- Assume bond market returns are normally distributed

- 4 weeks ago
- f20-busad360
- Justin

Review:

Presentation:

- Video: https://youtu.be/ZnEwn2ouajA

- USC Dornsife Daybreak Poll
- Most accurate forecast in 2016?

- Election Simulation
- Simplifying assumptions
- Data sources

Activity:

- Incorporate electoral vote allocation in Maine and Nebraska
- And/or use different polling averages from a preferred source
- And/or use state specific margin of error quantities

Assignment:

- Vote

- 4 weeks ago
- fb20-busad591
- Justin

Review:

- Module 2

Presentation:

- Video Lecture
- Time Series Analysis
- Scatter plots
- Line plots
- Trend lines
- Linear
- Polynomial

- Forecasting
- Google Sheets
- Microsoft Excel

- Examples

Assignment:

- Reading
- Managerial Analytics, Ch. 6, Predictive Analytics, pp. 153-167
- Applied time series forecast efforts at Aftermarket Analytics

- Essay
- 1-2 page essay, similar to Module 2
- There are several issues (all very short, mostly graphical)
- Use these issues to summarize the impact of Covid-19 on the automotive aftermarket industry.

- How good were the forecasts?
- How could this series of articles be improved?