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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

A 2013 survey conducted by the IBM’s Institute of Business Value and the University of Oxford showed that 71% of the financial service firms had already adopted analytics and big data. Big Data can efficiently enhance the ways firms utilize predictive models in the risk management discipline. The Underlying Concept.

Big Data 141
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Why you should care about debugging machine learning models

O'Reilly on Data

If a model is going to be used on all kinds of people, it’s best to ensure the training data has a representative distribution of all kinds of people as well. Interpretable ML models and explainable ML. The debugging techniques we propose should work on almost any kind of ML-based predictive model.

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Some stuff that’s always on my mind

DMBS2

My two central examples have long been inaccurate metrics and false-positive alerts. In predictive analytics, it’s straightforward to quantify how much additional value you’re leaving on the table with your imperfect accuracy. (An amazing number of vendors each seem to think they invented the idea.).

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Credit Card Fraud Detection using XGBoost, SMOTE, and threshold moving

Domino Data Lab

The dataset contains transactions made by European credit card holders in September 2013, and has been anonymized – Features V1, V2, …, V28 are results from applying PCA on the raw data. from sklearn import metrics. from sklearn import metrics. The only intact features are Time and Amount. 0.01, 0.001] }.

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Deep Learning Illustrated: Building Natural Language Processing Models

Domino Data Lab

When running word2vec, you can choose between two underlying model architectures— skip-gram (SG) or continuous bag of words (CBOW; pronounced see-bo)— either of which will typically produce roughly comparable results despite maximizing probabilities from “opposite” perspectives. Note: Mikolov, T., arXiv:1301.3781]. 0.85 = 0.15.

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What Is Embedded Analytics?

Jet Global

Companies like Tableau (which raised over $250 million when it had its IPO in 2013) demonstrated an unmet need in the market. As a result, end users can better view shared metrics (backed by accurate data), which ultimately drives performance. They can also create custom calculations and metrics, and build new data visualizations.