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Dimitris Bertsimas, Allison O'Hair, John Silberholz, Iain Dunning, Angie King, Velibor Misic, and Nataly Youssef

In the last decade, the amount of data available to organizations has reached unprecedented levels. Data is transforming business, social interactions, and the future of our society. In this course, you will learn how to use data and analytics to give an edge to your career and your life. We will examine real world examples of how analytics have been used to significantly improve a business or industry. These examples include Moneyball, eHarmony, the Framingham Heart Study, Twitter, IBM Watson, and Netflix. Through these examples and many more, we will teach you the following analytics methods: linear regression, logistic regression, trees, text analytics, clustering, visualization, and optimization. We will be using the statistical software R to build models and work with data. The contents of this course are essentially the same as those of the corresponding MIT class (The Analytics Edge). It is a challenging class, but it will enable you to apply analytics to real-world applications.

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In the last decade, the amount of data available to organizations has reached unprecedented levels. Data is transforming business, social interactions, and the future of our society. In this course, you will learn how to use data and analytics to give an edge to your career and your life. We will examine real world examples of how analytics have been used to significantly improve a business or industry. These examples include Moneyball, eHarmony, the Framingham Heart Study, Twitter, IBM Watson, and Netflix. Through these examples and many more, we will teach you the following analytics methods: linear regression, logistic regression, trees, text analytics, clustering, visualization, and optimization. We will be using the statistical software R to build models and work with data. The contents of this course are essentially the same as those of the corresponding MIT class (The Analytics Edge). It is a challenging class, but it will enable you to apply analytics to real-world applications.

The class will consist of lecture videos, which are broken into small pieces, usually between 4 and 8 minutes each. After each lecture piece, we will ask you a "quick question" to assess your understanding of the material. There will also be a recitation, in which one of the teaching assistants will go over the methods introduced with a new example and data set. Each week will have a homework assignment that involves working in R or LibreOffice with various data sets. (R is a free statistical and computing software environment we'll use in the course. See the Software FAQ below for more info). At the end of the class there will be a final exam, which will be similar to the homework assignments.

What you'll learn

  • An applied understanding of many different analytics methods, including linear regression, logistic regression, CART, clustering, and data visualization
  • How to implement all of these methods in R
  • An applied understanding of mathematical optimization and how to solve optimization models in spreadsheet software

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What's inside

Learning objectives

  • An applied understanding of many different analytics methods, including linear regression, logistic regression, cart, clustering, and data visualization
  • How to implement all of these methods in r
  • An applied understanding of mathematical optimization and how to solve optimization models in spreadsheet software

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Examines how data and analytics provide advantages in career and life
Taught by recognized MIT instructors Allison O'Hair and John Silberholz
Emphasizes real-world applications through case studies that showcase successful use of analytics
Covers a range of analytical methods, including linear regression, logistic regression, and clustering
Provides guidance on implementing analytical methods in R, a widely used statistical software
Offers optimization techniques and teaches learners how to solve models in spreadsheets

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Reviews summary

Practical analytics with r

Learners say "The Analytics Edge" is a well-structured introduction to analytics and data science using R. With a mix of videos and hands-on assignments, students learn topics like regression, machine learning, and optimization. While some coursework can be challenging, most say it is worth the effort and helps them get a broad understanding of the field.
Introduces and reinforces core R concepts.
"It is a very problem-oriented, hands-on course with a nontrivial workload, but in my experience so far, it has been very effective."
"I took this class in 2016. I joined this class randomly one day, and it was literally the first time I became aware of data science as a field."
"The class also hit me at a time in my life that I was ready for some big changes."
"I'm so glad I stuck through it."
Challenging but rewarding assignments.
"This course is not simple yet not complicated, perfect for people wanting to know about machine learning and analytics."
"Endless problem sets - many of them based on real data - will definitely help you in this."
"I even managed to finish the course on time, which I wasn't expecting to do."
"The topics were engaging."
Practical focus with real-world examples.
"Lots of interesting subjects (regression, machine learning, optimization, ...) with a practical hands-on approach."
"This is one of the best online course available currently. This would give the right blend of R programming as well as the concepts of data science & machine learning."
"It has inspired me to want to learn more about analytics."
"If you're like me prefer study by doing this course is for you."

Activities

Coming soon We're preparing activities for The Analytics Edge. These are activities you can do either before, during, or after a course.

Career center

Learners who complete The Analytics Edge will develop knowledge and skills that may be useful to these careers:
Data Scientist
Data Scientists use data and analytics to solve complex problems in business and industry. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Data Scientist. This course will teach you how to use data and analytics to make better decisions and improve efficiency.
Data Analyst
Data Analysts use data and analytics to identify and solve problems. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Data Analyst. This course will teach you how to use data and analytics to make better decisions and improve the performance of your organization.
Machine Learning Engineer
Machine Learning Engineers design and develop machine learning models to solve complex problems in business and industry. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Machine Learning Engineer. This course will teach you how to use data and analytics to build machine learning models that can make better decisions and improve efficiency.
Statistician
Statisticians use data and analytics to collect, analyze, and interpret data. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Statistician. This course will teach you how to use data and analytics to make better decisions and improve the performance of your organization.
Quantitative Analyst
Quantitative Analysts use mathematical and statistical methods to analyze financial data and make investment decisions. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Quantitative Analyst. This course will teach you how to use data and analytics to make better investment decisions.
Operations Research Analyst
Operations Research Analysts use analytical methods to solve complex problems in business and industry. The Analytics Edge can help you develop the skills and knowledge you need to succeed as an Operations Research Analyst. This course will teach you how to use data and analytics to make better decisions and improve efficiency.
Economist
Economists use data and analytics to study the economy and make predictions about the future. The Analytics Edge can help you develop the skills and knowledge you need to succeed as an Economist. This course will teach you how to use data and analytics to make better economic decisions and improve the performance of the economy.
Actuary
Actuaries use data and analytics to assess and manage risk. The Analytics Edge can help you develop the skills and knowledge you need to succeed as an Actuary. This course will teach you how to use data and analytics to make better risk management decisions and improve the financial performance of your organization
Financial Analyst
Financial Analysts use data and analytics to evaluate and make investment decisions. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Financial Analyst. This course will teach you how to use data and analytics to make better investment decisions.
Marketing Analyst
Marketing Analysts use data and analytics to evaluate and improve marketing campaigns. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Marketing Analyst. This course will teach you how to use data and analytics to make better marketing decisions.
Software Engineer
Software Engineers use data and analytics to develop and improve software. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Software Engineer. This course will teach you how to use data and analytics to make better software development decisions and improve the user experience.
Business Analyst
Business Analysts use data and analytics to help businesses make better decisions. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Business Analyst. This course will teach you how to use data and analytics to identify and solve business problems.
Product Manager
Product Managers use data and analytics to develop and improve products. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Product Manager. This course will teach you how to use data and analytics to make better product decisions and improve the customer experience.
Management Consultant
Management Consultants use data and analytics to help businesses improve their performance. The Analytics Edge can help you develop the skills and knowledge you need to succeed as a Management Consultant. This course will teach you how to use data and analytics to identify and solve business problems.
Market Research Analyst
Market Research Analysts design surveys, collect data, analyze the results, and make recommendations based on their findings. An understanding of analytics and data visualization, like that taught in The Analytics Edge, can be a valuable asset to someone in this role. This course can help you develop the skills and knowledge you need to succeed as a Market Research Analyst.

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