The Analysis of Data Preparation to Validate Model Values of Information Technology
Currently, there are some methods of preparing data for validating an IT value model correctly. One challenge in applying data mining to validate model values is to convert data into an appropriate form for this activity. Data mining algorithms can then be applied using the prepared data. The adequa...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Institute for International Cooperation Development
2023-06-01
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| Series: | Virtual Economics |
| Subjects: | |
| Online Access: | https://www.virtual-economics.eu/index.php/VE/article/view/259/129 |
| _version_ | 1797682640852090880 |
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| author | Taufik Hidayat Rahutomo Mahardiko Ali Miftakhu Rosyad |
| author_facet | Taufik Hidayat Rahutomo Mahardiko Ali Miftakhu Rosyad |
| author_sort | Taufik Hidayat |
| collection | DOAJ |
| description | Currently, there are some methods of preparing data for validating an IT value model correctly. One challenge in applying data mining to validate model values is to convert data into an appropriate form for this activity. Data mining algorithms can then be applied using the prepared data. The adequacy of data preparation often determines whether this data mining is successful or not. This study aims at creating a method for preparing the data during validation. The basic method used for data preparation is the Returns to Scale (RTS) method because it is easy to use and can be combined with further validation results. This method was applied by employing two models: two-factor and three-factor models. Both models are then compared to see the difference between them. The developed model is then tested on Branchless Banking (BB) and Downstream Petroleum (DP) industries. The results show that the method is applicable to prepare the data for validation. In addition, the results also demonstrate that both industries, DP and BB, have different result on data preparation, meaning that DP and BB have different ITs. This research contributes not only to a technique of preparing data for validating an IT value model by the RTS method but also can be a basis to work for data validation because it can give a result with the behaviour of the industry. |
| first_indexed | 2024-03-12T00:02:47Z |
| format | Article |
| id | doaj.art-02d246a5d1a24a0ea47aa342df21a8c0 |
| institution | Directory Open Access Journal |
| issn | 2657-4047 |
| language | English |
| last_indexed | 2024-03-12T00:02:47Z |
| publishDate | 2023-06-01 |
| publisher | Institute for International Cooperation Development |
| record_format | Article |
| series | Virtual Economics |
| spelling | doaj.art-02d246a5d1a24a0ea47aa342df21a8c02023-09-17T10:27:20ZengInstitute for International Cooperation DevelopmentVirtual Economics2657-40472023-06-0162233410.34021/ve.2023.06.02(2)The Analysis of Data Preparation to Validate Model Values of Information TechnologyTaufik Hidayat0https://orcid.org/0000-0003-0230-9872Rahutomo Mahardiko1https://orcid.org/0000-0001-7324-0556Ali Miftakhu Rosyad2https://orcid.org/0000-0002-8845-2364Department of Electrical Engineering, Universitas Indonesia, Depok, IndonesiaDepartment of Data Management, PT.BFI Finance Indonesia Tbk, IndonesiaDepartment of Islamic Education, Universitas Wiralodra, Indramayu, IndonesiaCurrently, there are some methods of preparing data for validating an IT value model correctly. One challenge in applying data mining to validate model values is to convert data into an appropriate form for this activity. Data mining algorithms can then be applied using the prepared data. The adequacy of data preparation often determines whether this data mining is successful or not. This study aims at creating a method for preparing the data during validation. The basic method used for data preparation is the Returns to Scale (RTS) method because it is easy to use and can be combined with further validation results. This method was applied by employing two models: two-factor and three-factor models. Both models are then compared to see the difference between them. The developed model is then tested on Branchless Banking (BB) and Downstream Petroleum (DP) industries. The results show that the method is applicable to prepare the data for validation. In addition, the results also demonstrate that both industries, DP and BB, have different result on data preparation, meaning that DP and BB have different ITs. This research contributes not only to a technique of preparing data for validating an IT value model by the RTS method but also can be a basis to work for data validation because it can give a result with the behaviour of the industry.https://www.virtual-economics.eu/index.php/VE/article/view/259/129it valueit value modelreturns to scale methoddata preparationvalidation |
| spellingShingle | Taufik Hidayat Rahutomo Mahardiko Ali Miftakhu Rosyad The Analysis of Data Preparation to Validate Model Values of Information Technology Virtual Economics it value it value model returns to scale method data preparation validation |
| title | The Analysis of Data Preparation to Validate Model Values of Information Technology |
| title_full | The Analysis of Data Preparation to Validate Model Values of Information Technology |
| title_fullStr | The Analysis of Data Preparation to Validate Model Values of Information Technology |
| title_full_unstemmed | The Analysis of Data Preparation to Validate Model Values of Information Technology |
| title_short | The Analysis of Data Preparation to Validate Model Values of Information Technology |
| title_sort | analysis of data preparation to validate model values of information technology |
| topic | it value it value model returns to scale method data preparation validation |
| url | https://www.virtual-economics.eu/index.php/VE/article/view/259/129 |
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