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Decision

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by Man Leung Wong
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BibTeX

@MISC{Wong_decision,
    author = {Man Leung Wong},
    title = {Decision},
    year = {}
}

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Abstract

Given the explosive growth of data collected from current business environment, data mining can potentially discover new knowledge to improve managerial decision making. We propose a novel data mining approach that employs evolutionary programming to discover knowledge represented in Bayesian networks and apply the approach to marketing data. There are two different approaches to the network learning problem. The first one uses dependency analysis, while the second approach searches good network structures according to a metric. Unfortunately, the two approaches both have their own drawbacks. Thus, we propose a novel hybrid of the two approaches. With this new idea, we endeavor to improve upon our previous work, MDLEP, which uses evolutionary programming for network learning. We also introduce a new operator to further enhance the search efficiency. We conduct a number of experiments and compare the hybrid approach with MDLEP. The empirical results illustrate that the approach improves over MDLEP. 1

Keyphrases

evolutionary programming    previous work    dependency analysis    marketing data    data mining    novel hybrid    empirical result    network learning    search efficiency    hybrid approach    bayesian network    new knowledge    novel data mining approach    different approach    new operator    managerial decision making    new idea    current business environment    explosive growth   

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