Predictive Analysis

Unit code: NIT3151 | Study level: Undergraduate
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Footscray Park
NIT2002 - Data Science Methods and Applications; or
NIT2251 - Machine Learning and Data Mining
(Or equivalent to be determined by unit coordinator)
Overview
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Overview

In this unit, you will employ AI tools to tackle complex data challenges using methods such as regression, classification, clustering, and time series analysis, enabling data-driven decision-making. You will collaborate with group members to analyse diverse datasets. In addition, you will explore the deployment of predictive models to ensure their effectiveness and scalability. Ethical considerations and professional standards will also be integrated throughout the unit to prepare you for the responsible application of predictive analytics in various domains. By the end of the unit, you will be prepared for roles in data science, business analytics, or further specialised study in advanced analytics.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Design predictive analytics techniques, including regression, classification, clustering, and time series analysis, to solve complex business problems;
  2. Evaluate diverse datasets, identifying key patterns and features to enhance predictive modelling;
  3. Judge predictive models using validation techniques and performance metrics to improve accuracy and reliability;
  4. Integrate ethical and professional standards in the development, deployment, and interpretation of predictive models across various domains;
  5. Synthesise predictive insights through data visualisations and reports to support decision-making and strategic planning individually and as part of a team.

Assessment

For Melbourne campuses

Assessment type: Laboratory Work
|
Grade: 20%
Practical lab report
Assessment type: Assignment
|
Grade: 45%
Data mining project with demonstration, presentation and oral Q&A
Assessment type: Case Study
|
Grade: 35%
Scenario-based problem solving with Q&A verification

Required reading

Required and recommended readings will be made available on VU Collaborate.

As part of a course

This unit is studied as part of the following course(s):

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