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Through step-by-step coding practices, learners will implement decision tree algorithms using R packages like rpart and tree, visualize results, and evaluate performance with tools such as the confusion matrix. They will also learn to generate actionable insights for decision-making, with a particular emphasis on financial risk management applications.

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Through step-by-step coding practices, learners will implement decision tree algorithms using R packages like rpart and tree, visualize results, and evaluate performance with tools such as the confusion matrix. They will also learn to generate actionable insights for decision-making, with a particular emphasis on financial risk management applications.

This course is uniquely designed to bridge theory with practice, combining structured progression for beginners with advanced applications for intermediate learners. By completing it, participants will not only master supervised learning with decision trees but also confidently apply their models to real-world business and financial scenarios, strengthening both their machine learning expertise and analytical decision-making skills.

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What's inside

Syllabus

Foundations of Decision Tree Modeling
This module introduces learners to the fundamentals of decision tree modeling using R. It covers the basics of tree structure, data preparation, and the creation of classification models. By the end of this module, learners will understand how to preprocess data, construct decision trees, and evaluate model performance effectively.
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Learners who complete Master Decision Trees in R: Build, Predict & Evaluate will develop knowledge and skills that may be useful to these careers:

Reading list

We've selected 50 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Master Decision Trees in R: Build, Predict & Evaluate.
Comprehensive reference on statistical learning, including predictive modeling. It's a more advanced resource than the previous two books, but it's still a valuable resource for anyone who wants to learn more about the foundations of predictive modeling.
Seminal work on the grammar of graphics, a formal language for describing data visualizations. It covers a wide range of topics, from the basics of the grammar of graphics to the use of the grammar of graphics to create a variety of charts and graphs.
This classic book by Edward Tufte must-read for anyone interested in data visualization. It covers a wide range of topics, from the principles of visual perception to the design of effective charts and graphs.
Provides a comprehensive and rigorous treatment of statistical learning, with significant coverage of classification methods. It's an excellent resource for gaining a broad understanding of the theoretical underpinnings of many classification algorithms. While it can be mathematically challenging, it's a foundational text widely used in academia.
Offers a practical, hands-on introduction to data preprocessing using Python. It covers essential techniques like cleaning, integration, reduction, and transformation with clear examples. It's particularly useful for beginners and those who want to solidify their understanding through practical application, serving as a helpful reference for common tasks.
Provides a comprehensive guide to machine learning and deep learning with Python, covering essential techniques with clear explanations and practical examples. It serves as both a tutorial and a reference, teaching the principles behind machine learning and how to build models using libraries like scikit-learn and TensorFlow. It's a valuable resource for those looking to implement supervised learning algorithms in Python.
Offers a comprehensive introduction to pattern recognition and machine learning with a strong emphasis on a Bayesian perspective. It provides a thorough theoretical foundation and is suitable for advanced undergraduates or first-year PhD students. While it requires familiarity with multivariate calculus and linear algebra, it includes a self-contained introduction to probability theory. It classic reference in the field, known for its detailed explanations and is often used in academic settings.
Focuses on the practical aspects of building predictive models, including classification, with a strong emphasis on data preprocessing, model tuning, and evaluation. It's a valuable resource for understanding the end-to-end modeling process and is well-suited for practitioners and applied courses.
This textbook offers a principled introduction to machine learning, bridging the gap between theory and algorithms. It provides a theoretical account of fundamental ideas and mathematical derivations for practical algorithms. Designed for advanced undergraduates or beginning graduate students, it makes the fundamentals accessible with a focus on understanding the 'why' behind the algorithms.
Comprehensive guide to deep learning. It covers a wide range of topics, including decision trees. It good choice for researchers who want to learn about the latest advances in decision tree algorithms.
Comprehensive guide to statistical learning with sparsity. It covers a wide range of topics, including decision trees. It good choice for researchers who want to learn about the latest advances in decision tree algorithms.
Provides a comprehensive overview of the R programming language, covering its syntax, data structures, and functions. It is an excellent resource for beginners who want to learn the basics of R.
Provides a comprehensive overview of data visualization, covering the basics of visual perception, data types, and chart types. It great resource for beginners who want to learn the fundamentals of data visualization.
Provides a comprehensive overview of artificial intelligence in Python. It covers a wide range of topics, including predictive modeling. It's a great choice for anyone who wants to learn more about artificial intelligence in Python.
Provides a comprehensive overview of deep learning in Python. It covers a wide range of topics, including predictive modeling. It's a great choice for anyone who wants to learn more about deep learning in Python.
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Provides a focused look at feature engineering, a critical part of data preprocessing for machine learning. It explains the principles and various techniques with practical examples in Python. It's valuable for those looking to deepen their understanding of how to create effective features for modeling.
Classic textbook on decision trees and random forests. It good choice for students who want to learn about the theoretical foundations of decision trees and random forests.
Offers a comprehensive and up-to-date introduction to the fundamentals of linear regression analysis. It presents both conventional and less common uses of linear regression and is an excellent textbook for statistics and engineering courses at the upper-undergraduate and graduate levels.
A widely used textbook in academic settings and by professionals, this book provides a thorough understanding of financial risk and the regulation of financial institutions. It covers various types of risk, their appearance in different institutions, and the impact of regulatory structures on risk management practices. is essential for gaining a solid foundation in the field.
Provides a hands-on introduction to machine learning and deep learning using Python libraries like scikit-learn and TensorFlow. It covers various classification algorithms and good resource for those who want to learn by doing.
This textbook provides a solid introduction to the field of machine learning, covering various algorithms and concepts relevant to classification. The fourth edition includes recent advances in deep learning, making it a relevant resource for both foundational and contemporary topics.
This handbook offers a comprehensive overview of financial risk management, covering a wide range of topics and techniques. It valuable reference for both practitioners and academics, providing in-depth coverage of various risk types and management approaches. While extensive, it serves as an excellent resource for exploring different areas of financial risk.
This recent book explores how machine learning techniques can be used to aid in data cleaning and exploration. It offers a modern perspective on preprocessing by leveraging ML for tasks like anomaly detection and feature selection. It's valuable for those interested in advanced preprocessing workflows.
Provides a comprehensive and interactive introduction to deep learning, covering both concepts and implementation with runnable code. It is designed to be accessible to those without a previous background in machine learning and includes a math appendix. It's a valuable resource for understanding and applying deep learning, a crucial area within contemporary supervised learning.
Offers a practical, hands-on introduction to machine learning using the scikit-learn library in Python. It focuses on the practical aspects of applying ML algorithms and is suitable for data scientists and developers. It helps readers understand the core concepts and how to implement them effectively.
Following up on 'The Hundred-Page Machine Learning Book,' this book focuses on the engineering aspects of deploying and managing machine learning systems in production. It covers the entire ML lifecycle beyond just model training, which is essential for professionals in the field. It provides a clear picture of what it takes to build and maintain ML solutions.
Provides a comprehensive overview of data cleaning concepts and methodologies. It delves into various techniques for detecting and repairing errors in data. While it can be theoretical at times, it's a strong reference for understanding the breadth and depth of data cleaning challenges.
Focuses on the 'engineering' aspects of financial engineering, explaining how to use financial tools to achieve specific goals, particularly in risk management. It delves into the creation and interaction of financial instruments and can be used to solve problems in risk management and pricing. It is highly recommended for graduate students and professionals in financial engineering and quantitative finance.
Offers a problem-solver's guide to building real-world intelligent systems using the Python machine learning ecosystem. It covers a wide range of ML models, including deep learning techniques. It's a practical resource for those looking to apply machine learning to solve actual problems.
Bridges the gap between statistics and data science, covering essential statistical concepts relevant to machine learning, including supervised learning. It provides practical guidance and examples in both R and Python. It valuable resource for data scientists who need a solid understanding of the statistical foundations of supervised learning.
This textbook provides a broad introduction to neural networks and deep learning, with significant coverage of their application to classification problems. It's a good resource for understanding the fundamentals of deep learning-based classification.
Provides a comprehensive guide to building and maintaining an enterprise risk management (ERM) framework in financial institutions. It covers qualitative and quantitative techniques for identifying, modeling, and measuring risks, and discusses relevant regulatory frameworks like Solvency II and Basel III. It valuable resource for practitioners and students focusing on ERM.
Provides a project-based approach to learning feature engineering, with case studies from various industries. It's a practical guide for applying feature engineering techniques in real-world scenarios and is particularly useful for those who learn by doing.
Provides a practical introduction to machine learning using Python. It covers a wide range of topics, including predictive modeling. It's a great choice for beginners who want to learn how to use Python for predictive modeling.
A seminal work on boosting, a key ensemble method widely used in classification. provides a deep dive into the theory and algorithms behind boosting, making it essential reading for those specializing in this area.
Provides a comprehensive overview of data analysis with Pandas. It covers a wide range of topics, including data cleaning, data manipulation, and data visualization. It's a great choice for anyone who wants to learn more about data analysis with Pandas.
Practical guide to using R for data science. It covers topics such as data wrangling, exploratory data analysis, and machine learning.
Provides a comprehensive academic treatment of data preprocessing techniques within the context of data mining. It covers a wide range of algorithms and methods. It's suitable for graduate students and researchers seeking an in-depth understanding of the theoretical underpinnings.
Provides in-depth coverage of regression analysis and generalized linear models with a focus on applications in the social sciences. It strikes a balance between theoretical concepts and practical implementation, making it suitable for students and researchers.
This comprehensive textbook covering linear regression models and their applications. It's a widely used reference in statistics and provides a solid theoretical foundation along with practical examples. It is suitable for undergraduate and graduate students seeking a deep understanding of linear regression. While not published in the last five years, its comprehensive nature makes it a valuable resource.
Practical guide to using R for data analysis and visualization. It covers a wide range of topics, from data wrangling and exploratory data analysis to statistical modeling and graphics.
Provides the essential mathematical background required for understanding machine learning algorithms, covering linear algebra, calculus, probability, and statistics. It is an excellent resource for students and professionals who need to solidify their mathematical foundations to better grasp the inner workings of ML models. It can be used as a prerequisite text or a companion resource.
Is designed for programmers who want to transition into AI and machine learning. It takes a practical, code-first approach to implementing common AI scenarios like computer vision and natural language processing. It's a good resource for developers looking to apply their programming skills to ML.
Practical guide to using R for data analysis and visualization. It covers a wide range of topics, from data wrangling and exploratory data analysis to statistical modeling and graphics.

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