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The curse of Dimensionality

Domino Data Lab

The accuracy of any predictive model approaches 100%. Property 4: The accuracy of any predictive model approaches 100%. This means models can always be found that predict group characteristic with high accuracy. There should be no model to accurately predict even and odd rows with random data.

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5 Ingenious Tips For A Promising Big Data Career

Smart Data Collective

Analysts have found that the market for big data jobs increased 23% between 2014 and 2019. Find ways to provide information that is not displayed currently within the business reports of your company and that will get the attention of your bosses. Big data has been billed as being the future of business for quite some time.

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Data Visualization Inspiration: Analysis To Insights To Action, Faster!

Occam's Razor

Short story #2: Predictive Modeling, Quantifying Cost of Inaction. It is created using the All Traffic Sources report in Google Analytics, and clicking Source (rather than the default Source/Medium). Short story #2: Predictive Modeling, Quantifying Cost of Inaction. Thank goodness for predictive models.

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Data Science at The New York Times

Domino Data Lab

Diving into examples of building and deploying ML models at The New York Times including the descriptive topic modeling-oriented Readerscope (audience insights engine), a prediction model regarding who was likely to subscribe/cancel their subscription, as well as prescriptive example via recommendations of highly curated editorial content.

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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

BI users analyze and present data in the form of dashboards and various types of reports to visualize complex information in an easier, more approachable way. For example, by using prediction models, they are able to generate a heatmap to tell drivers where they should place themselves to take advantage of the best demand areas.