B9DA103: Select Open Data Source(s); Apply the CRISP-DM Methodology to Analyze the Data: Data Mining Assignment, DBS

Assessment Task

Working in groups of two-three students:- Select open data source(s); Determine what questions are to be answered; Apply the CRISP-DM methodology to analyze the data.

INFORMS CAP Certified Analytics Professional competencies Business Problem Framing

(Ability to understand a business problem and determine whether the problem is suitable for an analytics solution)

Objective 1: For the open data source selected, define the problem to be addressed

Objective 2: Identify the stakeholders

Objective 3: Determine whether the problem is suitable for an analytics solution

Objective 4: Refine the statement of the problem with any constraints

Objective 5: Define an initial set of business benefits

Analytics Problem Framing

(Ability to reformulate a business problem into an analytics problem with a potential analytics solution)

Objective 1: Reformulate problem statement as an analytics problem

Objective 2: Develop ABT attributes and outputs

Objective 3: State the set of assumptions related to the problem

Objective 4: Define the key metrics of success

Data

(Ability to work effectively with data to help identify quality issues and identify potential relationships that will lead to refinement of the business and analytics problem)

Objective 1: Identify data needs and sources

Objective 2: Acquire data

Objective 3: Explore data visually

Objective 4: Harmonize, rescale and clean data

Objective 5: Document and report findings (e.g. quality report, data insights)

Objective 6: Refine the business and analytics problem statements

Methodology (Approach) Selection

(Ability to identify and select potential approaches/methods/algorithms for solving the business problem)

Objective 1: Identify potential problem-solving approaches (methods)

Objective 2: Select software tools

Objective 3: Test approaches (methods)

Objective 4: Select approaches (methods)

Model Building

(Ability to identify and build effective model structures to help solve the business problem)

Objective 1: Identify model structures

Objective 2: Run and evaluate the models

Objective 3: Calibrate models and data

Objective 4: Document and communicate findings (incl. assumptions, limitations, constraints)

Deployment

(Ability to deploy the selected model to help solve the business problem)

Objective 1: Perform business validation of the model

Objective 2: Produce the report with findings and recommendations for deployment