Executive Development Programme in Model Evaluation for High-Impact Decisions
-- ViewingNowThe Executive Development Programme in Model Evaluation for High-Impact Decisions is a certificate course designed to empower professionals with the necessary skills to make data-driven decisions. In an era where big data and analytics drive business success, this programme is increasingly important for career advancement.
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โข Introduction to Model Evaluation: Understanding the importance and process of model evaluation in decision-making.
โข Types of Models: Overview of different models, including predictive, descriptive, and prescriptive models.
โข Data Preparation: Techniques for data preparation, cleaning, and preprocessing for model evaluation.
โข Performance Metrics: Introduction to various performance metrics, such as accuracy, precision, recall, and F1 score.
โข Model Validation Techniques: Exploration of different validation techniques, including k-fold cross-validation and bootstrapping.
โข Bias-Variance Tradeoff: Understanding the concept of bias-variance tradeoff and its impact on model evaluation.
โข Model Selection: Strategies for selecting the best model based on evaluation results.
โข Communicating Results: Techniques for effectively communicating model evaluation results to stakeholders.
โข Ethical Considerations: Discussion of ethical considerations in model evaluation, such as fairness and transparency.
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