Thursday, June 30, 2005
It would be great to create a device that logs all of my transactions (whatever the method used to purchase) that could be carried around while shopping. This would then enable consumers to do personal data-mining on all of their own transactions. This would be a unique tool to help consumers improve purchasing habits and make smarter decisions. Additional interesting product associations could also be calculated and analyzed.
Friday, June 17, 2005
Bamshad Mobasher teaches a nice Web Mining course entitled "Web Data Mining (for Business Intelligence)" at DePaul University in Illinois. Currently, it is one of the few courses dedicated solely to this topic. I expect, as time goes, the number of courses on this topic will grow dramatically.
Tuesday, June 14, 2005
Bayesian methods can be used to deal with uncertainty.
Here are some links that help to explore the area:
Mean Squared Error (MSE)
Conditional, Joint, and Marginal Probability
Utility Functions (Link 2)
Other Related Topics
Markov Chain Monte Carlo (MCMC)
Tabu Search (Link 2)
Kalman Filter (Link 2)
Directed Acyclic Graphs (DAG)
Markovian Random Field (MRF)
EM Algorithm (Bayesian Structural EM - Friedman)
Reading List of Bayesian Methods
Useful Java Libraries
Thursday, June 02, 2005
Bing Liu from the University of Chicago is very interested in Web Content Mining. He compiled of list of references regarding the topic. In addition, he gave a tutorial on Web content mining in Chiba, Japan in May, 2005.