Post-Shrinkage Strategies in Statistical and Machine Learning for High Dimensional Data
About this ebook
- The book succinctly reveals the bias inherited in machine learning method and successfully provides tools, tricks and tips to deal with the bias issue.
- Expertly sheds light on the fundamental reasoning for model selection and post estimation using shrinkage and related strategies.
- This presentation is fundamental, because shrinkage and other methods appropriate for model selection and estimation problems and there is a growing interest in this area to fill the gap between competitive strategies.
- Application of these strategies to real life data set from many walks of life.
- Analytical results are fully corroborated by numerical work and numerous worked examples are included in each chapter with numerous graphs for data visualization.
- The presentation and style of the book clearly makes it accessible to a broad audience. It offers rich, concise expositions of each strategy and clearly describes how to use each estimation strategy for the problem at hand.
- This book emphasizes that statistics/statisticians can play a dominant role in solving Big Data problems, and will put them on the precipice of scientific discovery.
- The book contributes novel methodologies for HDDA and will open a door for continued research in this hot area.
- The practical impact of the proposed work stems from wide applications. The developed computational packages will aid in analyzing a broad range of applications in many walks of life.
About the author
Dr. S. Ejaz Ahmed is Professor of Statistics and Dean of the Faculty of Math and Science at Brock University, Canada. Previously, he was Professor and Head of the Mathematics and Statistics Department at the University of Windsor, Canada and University of Regina, Canada as well as Assistant Professor at the University of the Western Ontario, Canada. He holds adjunct professorship positions at many Canadian and International universities. He has supervised more than 20 Ph.D. Students, and organized several international workshops and conferences around the globe. He is a Fellow of the American Statistical Association and held prestigious ASEAN Chair Professorship position. His areas of expertise include big data analysis, statistical learning, and shrinkage estimation strategy. Having authored several books, he edited and co-edited several volumes and special issues of scientific journals. He is Technometrics Review Editor for past ten years. Further, he is Editor and associate editor of many statistical journals. Overall, he published more than 200 articles in scientific journals and reviewed more than 100 books. Having been among the Board of Directors of the Statistical Society of Canada, he was also Chairman of its Education Committee. Moreover, he was Vice President of Communications for The International Society for Business and Industrial Statistics (ISBIS) as well as a member of the "Discovery Grants Evaluation Group" and the "Grant Selection Committee" of the Natural Sciences and Engineering Research Council of Canada.
Feryaal Ahmed is a Management Science PhD candidate at Ivey Business School, Western University. Her research interests are in data analytics, machine learning, and revenue management, specifically in modeling pricing strategies for service industries that offer ancillary items.
Bahadır Yüzbaşı is an Associate Professor at Inonu University. He received his Doctorate from Inonu University in 2014 under the co-supervision of Professor Ahmed. He has been working on big data and statistical machine learning techniques with theory and applications, as well as professionally coding his studies in R and publishing them on CRAN. He has written a number of articles and chapters for books that have been published by well-known publishers.
