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Last Class – Case Analysis
• Text Mining
• Network analysis
Decision Making of Opening a Business
1. What is the average customer’s attitude toward Chinese restaurants in Las Vegas?
2. What are the most commonly used words in negative Chinese restaurant reviews?
3. What are the topics when customers talk about Chinese restaurants in Las Vegas?
Market Survey Questions
1. What is the average customer’s attitude toward Chinese restaurants in Las Vegas?
2. What are the most commonly used words in negative Chinese restaurant reviews?
3. What are the topics when customers talk about Chinese restaurants in Las Vegas?
Data Collection from Yelp for All Restaurants in Las Vegas
Market Survey Questions
1. What is the average customer’s attitude toward Chinese restaurants in Las Vegas?
2. What are the most commonly used words in negative Chinese restaurant reviews?
3. What are the topics when customers talk about Chinese restaurants in Las Vegas?
Text mining
Rating info.
Questions # 1 – Summary Statistics Calculation
Q1: What is the average customer’s attitude toward Chinese restaurants in Las Vegas?
Shanghai, Sichuan,
and Taiwan food
Cantonese food
American-Chinese
food
Positive
Negative
0.01
0.8
0.001
0.7
0.5
Questions # 3 – Topic Modeling via Text Mining
0.8
0.01
0.001
0.7
0.4
Questions # 3 – Topic Modeling via Text Mining
1. Shanghai, Sichuan, and Taiwan food
2. Cantonese food
Use the relatedness probability to calculate similarity
3. American-Chinese food
between the two restaurants
4. Positive
5. Negative • Are the two restaurants similar in terms of cuisine?
X X X
0.008
+0.008
+0.00001
=0.01601
Questions # 3 – Topic Modeling via Text Mining
1. Shanghai, Sichuan, and Taiwan food
2. Cantonese food
Use the relatedness probability to calculate similarity
3. American-Chinese food
between the two restaurants
4. Positive
5. Negative
• Are the two restaurants similar in terms of customer satisfaction?
X X
0.49
+0.02
=0.51
Decision Making of Opening a Business
1. What is the average customer’s attitude toward Chinese restaurants in Las Vegas?
2. What are the most commonly used words in negative Chinese restaurant reviews?
3. What are the aspects when customers talk about Chinese restaurants in Las Vegas?
Is it a good idea to open a Chinese restaurant in Las Vegas? If so, how to do it?
• Cantonese food
• Shanghai, Sichuan, and Taiwan food
• American-Chinese food
• Positive
• Negative
Network Example - Facebook
A Simple Network
Link
Network Analysis – Organization Structure
• Smartone, a telecommunication
provider, releases a new service.
Node: runner
Link: friendship
Influence
Influence
2. Data collection
3. Data cleaning
Learn these techniques in data
4. Sentiment analysis analytics courses via Python!
Not easy but very rewarding!
5. Topic modeling
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Let me know if I can help!
Suggestions are always welcome!
Zhitao Yin
Office: LSK Room 4058
Email: zhitaoyin@ust.hk