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Title: The Elements of Statistical Learning
ISBN: 0387952845
Author:   T. Hastie   R. Tibshirani   J. H. Friedman
Publicate Date: 2003-07-30
Publish: 2003-07-30
List Price: $94.00
Average Customer Rating: 4.0
Format: Hardcover
Amazon Lowest New Price: $70.38
Amazon Lowest Used Price: $62.51
Amazon Merchant Price: $71.44

Customer Review:

1: Good Book!
The book is really helpful and was being delivered to me in a timely fashion.

2: Excellent technical and conceptual overview
It gives a complete overview and middle-depth discussions on a wide thematic statistics. Additionally provides methodological elements for making decisions on the implementation of specific techniques. Very good book. I'm an economist and statistical and I was very useful.

3: data mining from the viewpoint of statisticians
Data mining is a field developed by computer scientists but many of its crucial elements are imbedded in important and subtle statistical concepts. Statisticians can play an important role in the development of this field but as was the case with artificial intelligence, expert systems and neural networks the statistical research community has been slow to respond. Hastie, Tibshirani and Friedman are changing this.
Friedman has been a major player in pattern recognition of high dimensional data, in tree classification, regularized discriminant analysis and multivariate adaptive regression splines. He has also done some exciting new research on boosting methods.

Hastie and Tibshirani invented additive models which are very general types of regression models. Tibshirani invented the lasso method and is a leader among the researchers on bootstrap. Hastie invented principal curves and surfaces.

These tools and the expertise of these authors make them naturals to contribute to advances in data mining. They come with great expertise and see data mining from the statistical perspective. They see it as part of a more general process of statistical learning from data.

The book is well written and illustrated with many pretty color graphs and figures. Color adds a dimension in pattern recognition and the authors exploit it in this book. It is really the first of its kind that treats data mining from a statistical perspective and is so comprehensive and up-to-date.

The important statistical tools that are covered in this book include under the category of supervised learning; regression, discriminant analysis, kernel methods, model assessment and selection, bootstrapping, maximum likelihood and Bayesian inference, additive models, classification and regression trees, multivariate adaptive regression splines, boosting, regularization methods, nearest neighbor classification, k means clustering algorithms and neural networks. These methods are illustrated using real problems.

Similarly under the category of unsupervised learning, clustering and association are covered. They cover the latest developments in principal components and principal curves, multidimensional scaling, factor analysis and projection pursuit.

This book is innovative and fresh. It is an important contribution that will become a classic. The level is between intermediate and advanced. Good for an advanced special topics course for graduate students in statistics. A comparable text is the text by Mannila, Hand and Smyth.

This book made effective use of color and maintained a competitive price. This had a major impact on publishers like Wiley that could not sell a book at this size and initial price. Wiley is still looking for a book comparable to this one that they can use to compete with Springer-Verlag. I know this information because I heard from the Wiley acquisitions editor that I worked with on my two books.

4: elements of statistical learning
i really like this book. i haven't finished reading yet. it's extremely dense. by that, i mean every page, every paragraph is packed full of information. it makes for slow but very rewarding reading. i bought the book because

i wanted to learn something about the topic. i've got a math and statistics background, but i haven't dealt with the broad topic of data mining or statistical learning. the book suits my needs very very well.

it's clearly written. i haven't found any grammatical or technical errors. it's pacing is ambitious, but i find i can follow it. i do think some math and statistics background is required to make the book readable and useful.

i wouldn't hesitate to recommend it to someone with the appropriate background.

5: Great statistics book.
I'm a machine learning person, and this book provides pretty thorough state-of-art and up-to-date (relatively well) summary of statistical methods being used in lots of pattern classification fields. One thing that does not exist in the book is generative models, although this book is the best of the kind that describes discriminitive models.
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