Frontier Versus Ordinary Regression Models for Data Mining

Frontier Versus Ordinary Regression Models for Data Mining

Marvin D. Troutt (Kent State University, USA), Michael Hu (Kent State University, USA), Murali Shanker (Kent State University, USA) and William Acar (Kent State University, USA)
DOI: 10.4018/978-1-59140-057-8.ch002
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Abstract

Frontier Regression Models seek to explain boundary, frontier or optimal behavior rather than average behavior as in ordinary regression models. Ordinary regression is one of the most important tools for data mining. Frontier models may be desirable alternatives in many circumstances. In this chapter, we discuss frontier regression models and compare their interpretations to ordinary regression models. Occasional contact with stochastic frontier estimation models is also made, but we concentrate primarily on pure ceiling or floor frontier models. We also propose some guidelines for when to choose between them.

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Table of Contents
Foreword
Parag C. Pendharkar
Preface
Parag C. Pendharkar
Acknowledgments
Chapter 1
Witold Abramowicz, Marek Nowak, Joanna Sztykiel
The main purpose of this article is to discuss applicability of Bayesian belief networks (BBN) within the procedures of working-capital credit... Sample PDF
Bayesian Networks as a Decision Support Tool in Credit Scoring Domain
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Chapter 2
Marvin D. Troutt, Michael Hu, Murali Shanker, William Acar
Frontier Regression Models seek to explain boundary, frontier or optimal behavior rather than average behavior as in ordinary regression models.... Sample PDF
Frontier Versus Ordinary Regression Models for Data Mining
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Chapter 3
Parag C. Pendharkar, Sudhir Nanda, James A. Rodger, Rahul Bhaskar
This chapter illustrates how a misclassification cost matrix can be incorporated into an evolutionary classification system for medical diagnosis.... Sample PDF
An Evolutionary Misclassification Cost Minimization Approach for Medical Diagnosis
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Chapter 4
Aaron Ceglar, John Roddick, Paul Calder
Knowledge discovery is the process of eliciting interesting knowledge from data repositories. Due to the inability of computers to understand... Sample PDF
Guiding Knowledge Discovery Through Interactive Data Mining
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Chapter 5
Karim K. Hirji
There is an enormous amount of data generated by academic, business, and governmental organizations alike; however, only a small portion of the data... Sample PDF
A Proposed Process for Performing Data Mining Projects
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Chapter 6
Chi Kin Chan, Heung Wong, Wan Kai Pang, Marvin D. Troutt
This chapter is a case study in combining forecasts for inventory management in which the need for data mining in combination forecasts is... Sample PDF
Data Mining for Optimal Combination Demand Forecasts
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Chapter 7
David Paper, Kenneth B. Tingey, Wai Yin Mok
This chapter illustrates how IT-enabled business process reengineering can fail if top management fails to understand the underlying process... Sample PDF
The Myth of Enterprise Database Redesign
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Chapter 8
Sudhakar Kuppuraju, Girish Subramanian
Recent interest in relationship management and relationship marketing has led many firms to consider how to improve customer retention rates. The... Sample PDF
New Information Technologies and Other Pertinent Issues Impacting the Strategic Dimension of CRM for Business Excellence
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Chapter 9
James A. Rodger
Accounting information systems enable the process of internal control and external auditing to provide a first-line defense in detecting fraud... Sample PDF
Utilization of Data Mining Techniques to Detect and Predict Accounting Fraud: A Comparison of Neural Networks and Discriminant Analysis
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Chapter 10
Jose Maria Cavero, Carmen Costilla, Esperanza Marcos, Mario G. Piattini, Adolfo Sanchez
Data warehousing and online analytical processing (OLAP) technologies have become growing interest areas in recent years. Specific issues such as... Sample PDF
A Multidimensional Data Warehouse Development Methodology
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Chapter 11
Bahador Ghahramani
The telecommunications industry (TI) is challenged by a significant increase in the complexity of information transfer due to a recent proliferation... Sample PDF
A Telecommunications Model for Managing Complexity of Voice and Data Networks and Services
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Chapter 12
Wan Kai Pang, Heung Wong, Chi Kin Chan, Marvin D. Troutt
This chapter proposes an approach to the combination of forecasts from a new perspective and uses a new estimation methodology. Concepts from... Sample PDF
Combination Forecasts Based on Markov Chain Monte Carlo Estimation of the Mode
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Chapter 13
Roderick L. Lee
This chapter presents an overview of web mining. The three areas of web mining—Web content mining, Web usage mining, and Web structure mining—are... Sample PDF
Web Mining: Creating Structure out of Chaos
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Chapter 14
Parag C. Pendharkar, Girish Subramanian
Mining information and knowledge from very large databases is recognized as a key research area in machine learning and expert systems. In the... Sample PDF
Connectionist and Evolutionary Models for Learning, Discovering and Forecasting Software Effort
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