Event Mining for Explanatory Modeling

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This book introduces the concept of Event Mining for building explanatory models from analyses of correlated data. Such a model may be used as the basis for predictions and corrective actions. The idea is to create, via an iterative process, a model that explains causal relationships in the form of structural and temporal patterns in the data. The first phase is the data-driven process of hypothesis formation, requiring the analysis of large amounts of data to find strong candidate hypotheses. The second phase is hypothesis testing, wherein a domain expert's knowledge and judgment is used to t...