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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. Business analytics also involves data mining, statistical analysis, predictive modeling, and the like, but is focused on driving better business decisions.

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Role of Workforce Analytics in Event Industry

BizAcuity

Through workforce analytics, companies can get a comprehensive view of their employees designed to interpret historical trends and in creating predictive models that lead to insights and better decisions in the future. Derives metrics for benchmark interpretation and trends. Image Source: [link].

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Tackling Bias in Machine Learning

Insight

Bias in Machine Learning Algorithms (Bottom Photos Source: ProPublica ; Top Photos Source: Pexels.com) Biases in predictive modeling are a widespread issue Machine learning and AI applications are used across industries, from recommendation engines to self-driving cars and more. 5 is labeled as low.

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What AI Means to a Data Scientist

Birst BI

For example, there are a plethora of software tools available to automatically develop predictive models from relational data, and according to Gartner, “By 2020, more than 40% of data science tasks will be automated, resulting in increased productivity and broader usage by citizen data scientists.” [1] Source: Gartner (April 2018).

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Hotels try to predict the number of guests they can expect on any given night in order to adjust prices to maximize occupancy and increase revenue. The predictive models, in practice, use mathematical models to predict future happenings, in other words, forecast engines. Since it has been evaluated at USD 6.18

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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

Over the life of the forecast, the data scientist will publish historical accuracy metrics. But due to the long time lag between forecasts and actuals, these metrics alone are insufficient. Every forecast update will include metrics to provide insight on change drivers, and will flag significant gaps between different model forecasts.

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Deep Learning Illustrated: Building Natural Language Processing Models

Domino Data Lab

GloVe and word2vec differ in their underlying methodology: word2vec uses predictive models, while GloVe is count based. then the model is predicting that the input x belongs to one class, whereas if it outputs anything less than 0.5, Natural Language Processing.] At the time—in 2014—the three were colleagues working.