Background and relations to other courses: The track “Business Intelligence” ideally complemented by electives from marketing and by a seminar, offers a way to start a career in database management and the like. The students are supposed to be familiar with the basic concepts from probability theory and statistics. Main topics and learning objectives: The lecture focusses on multivariate statistical methods in the context of data mining. The main topic is supervised learning. Practical exercises using the statistical Software R are integrated into the lecture and a tutorial.
Academic: The student is supposed to have an understanding of state of the art techniques in multivariate data analysis as well as the ability to choose and implement an appropriate technique for a given practical task. Soft skills: Team work, presentation techniques