Bayesian neural networks Introduction

What is Classification and clustering in data mining
bayesian neural networks

Classification in data mining

Classification is a data mining technique used to predict group membership for data instances. classification predicts categorical (discrete, unordered) labels, prediction models continuous valued functions.

For example 1:
Fraud Detection
Goal: Predict fraudulent cases in credit card transactions.
Approach:

-Use credit card transactions and the information on its account-holder as attributes.

              –When does a customer buy, what does he buy, how often he pays on time, etc

-Label past transactions as fraud or fair transactions. This forms the class attribute.

-Learn a model for the class of the transactions.

-Use this model to detect fraud by observing credit card transactions on an account.

For example 2: you may wish to use classification to predict the result of  football match then possible result will be for a team win, lose, tie. Use Popular classification techniques include decision trees and neural networks.

Classification Techniques

1. Decision Tree based Methods
2. Rule-based Methods
3. Memory based reasoning
4. Neural Networks
5. Naïve Bayes

Source: Techathon | Techathon

Wiley Bayesian Networks: An Introduction (Wiley Series in Probability and Statistics)
Book (Wiley)

You might also like:

2.3 Gaussian Graphical Models | 2 Correl. Measures, Gaussian Models | Pattern Recognition Class2012
2.3 Gaussian Graphical Models | 2 Correl. Measures, Gaussian Models | Pattern Recognition Class2012
Lec-17 Bayes Classifier&Perceptron: An Analogy
Lec-17 Bayes Classifier&Perceptron: An Analogy
1.3 Probability Theory | 1 Introduction | Pattern Recognition Class 2012
1.3 Probability Theory | 1 Introduction | Pattern Recognition Class 2012

Yes

2005-10-27 12:24:20 by FXCurrencyTrader

I would be happy to, but someone asked me that before, and when I answered, it was flagged. I am not sure, but I think that stock traders don't like Forex trading.
I am not sure why that is. The Forex market is much bigger, and it is recession proof. There will always be banks and businesses trading money. Chrysler, last year, made more money trading Forex than they did selling vehicles. This market is also less risky, with enormous liquidity, and no slippage. Forex has low transaction costs, much higher leverage, and low account minimums.
I just think you need to know what you are doing, and for most of us, it takes education. I didn't go and work in a hospital until I went to nursing school, and prepared myself. I wouldn't risk my money until I learned how to trade it....

It's true

2005-10-06 10:24:31 by idonthaveone

I was just flipping through and noticed your post. Yes, it is true about Forex. The absolute best way to get started is go to the Forex website and download the trial version of their program. It works in real time with a start of $10000 dream cash. You get to invest it how you like and see the results just like real money. The trial version is good for 30 days I think.
If I were in your shoes and never tried Forex, I would invest time into your local bookstore and read the most up-to-date books on Forex, and trading. If you jump into it both feet first and don't know what you're doing, you'll probably lose the farm.
I must also say that the trading books seem very confusing at first if you've never Forex'd before. Just read the book in it's entirety. Try the trial period...

A lot of people have said what they do here

2005-12-04 13:08:55 by DaySurfer

I don't know what you're talking about.
Read the threads. There are tons of folks who have said exactly what type of work they do from home.
I am a marketing consultant specializing in Internet Marketing education and training. I also dabble in high-return investing (DaySurfing) and currency trading, like ecurrency exchange and Forex.
There are also lots of people here who are representatives for different companies who sell various products online and off. They usually include their referral links, so it's easy to find those people and exactly what they're selling.
There's a guy trying to start a motorcycle repair business from home. People who transcribe things for a living. Others who import/export, or sell stuff on eBay.
There are several artists...

FOREX

2005-09-27 20:54:15 by FXCurrencyTrader

I am trading Forex, from the computer at my home. I am making several thousand a week, but I am only trading one lot. Several friends who have more money than I are trading more lots, and are making way more money than I.
It is good for me, and I am building my account, and when I have more money, I will trade more lots.
It is not something you can just go and do, you have to learn about it, or you will waste your time and your money.
I studied for about six weeks, and during that time, I practiced on a demo account.
I took live classes online, and they were great. You can take them as many times as you like. I paid $2000 for the beginners and advanced classes, but you can start with $995 for the beginners class. I figured it is less than I would spend for a...

FOREX signals svc that works GREAT 4 me but..???

2009-04-10 18:53:13 by supertrader3

Hey.. james here.. ive been trading now primarily in forex for about 3 1/2 years.. and for the past 6 months ive been using a signals service that has worked incredibly well for me, especially when compared to 2 other bogus services ive tried.. i've made a pretty significant amount of money with it..it's spot on accurate probably 95% of the time... so I trust the integrity of these people.. but my question is, im thinking about upgrading my membership to the diamond edition, which enables me to use a new autotrade service they are now offering, which basically supposedly takes all these accurate signals and trades them for me all automatically, like a robot.. this carries a monthly membership fee of of just under 100 dollars... the only reason i havent done it yet is because i know...

Triple Threat: Walk Your Dog Outside  — Hive Health Media
Because humans have been adapting to the natural environment for millions of years, the artificial urban environment in which so many of us operate today is an unfamiliar habitat that threatens the well-being of our organism and our species. Thus ...

Hey, Teenagers: Do Science, Win Prizes! Google Science Fair Now Taking …  — Geekosystem
There is also a page on the site to give students inspiration on the type of experiment they may want to submit. Google even put ... She won for her research into improving breast cancer diagnostics by leveraging artificial neural networks and cloud ...

NIPS 2011 Tutorial: Modern Bayesian Nonparametrics
NIPS 2011 Tutorial: Modern Bayesian Nonparametrics
Springer Pattern Recognition and Classification: An Introduction
Book (Springer)
Springer Introduction to Bayesian Networks
Book (Springer)

Related posts:

  1. Neural Networks 1. Introduction
  2. Convolutional Neural Networks Introduction
  3. Recurrent Neural Networks Introduction