Introduction to Machine Learning for Cost Estimators

Dr. Christian B. Smart
Kimberly Roye
Members: $25 | Non-Members: $100 Non-member purchases include a complimentary year of ICEAA membership.

Machine learning is the use of computer algorithms that improve automatically by using data. It includes classical statistical techniques such as clustering and linear regression analysis, as well as more sophisticated techniques such as regression trees and natural language processing. In this training, we will provide an overview of machine learning techniques. We will discuss advanced Excel capabilities for data analysis and provide interactive examples of the implementation of machine learning methods in Excel. We will also provide examples of advanced machine learning methods using the statistical programming platform R.