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This book leverages statistical analysis, data mining, and machine learning techniques to address managerial and socioeconomic problems. With the advent of modern technologies, massive amount of data, especially big data, proliferate from business transactions and users. Consequently, there is an ever-increasing demand for analyzing the data and gaining valuable insights. This book comprises 15 chapters: the first ten chapters cover methods from Statistics and Econometrics, while the next five chapters delve into selected Machine Learning techniques. By bringing together the expertise of...