Insight

FEBRUARY 19, 2020

My goal here is not to improve upon the current prediction algorithms but rather to describe a model I devised, called ReelRisk , that uses random resampling to generate a range of predictions which can then be used as a risk assessment tool to determine early on whether to fund a movie. ROI = Profit/Budget).

Risk 67

Risk ROI Modeling Metrics 67

BizAcuity

APRIL 25, 2022

From 2009 to 2019, in a span of 10 years, the United States tripled its gross gaming revenue from $34.3 The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment. billion to almost $100 billion.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

Occam's Razor

JANUARY 7, 2019

To help kick-start your 2019 step change , I’ve written two “Top 10” lists, one for Marketing and one for Analytics – consisting of things I recommend you obsess about. Identify four relevant micro-outcomes to focus on in 2019. (In There is too much goodness in modeling that you are not taking advantage of.

Marketing Analytics 88

Marketing Analytics Marketing Analytics Strategy 88

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

The ROI of human involvement When it comes to human involvement, the key difference is in the magnitude of costs associated with any one forecast cycle. This defines the ROI on the investment of human time. On the other hand, these customer forecasts can be aspirational and often lack high quality prediction intervals.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Jet Global

MAY 1, 2023

Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. The formula looks like this: ($750k / $250k) = 3, so the ROI is 200 percent.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Depict Data Studio

SEPTEMBER 17, 2019

His experience includes evaluation and outcomes studies, ROI analysis, IBNR determination, predictive modeling, risk adjustment methodologies, advanced data visualization, dashboard design and implementation, database development and management, and identifying and evaluating trends and forces in data. Courses always sell out.

Visualization 40

Visualization Consulting Dashboards Reporting 40