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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more.

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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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Proposals for model vulnerability and security

O'Reilly on Data

The objective here is to brainstorm on potential security vulnerabilities and defenses in the context of popular, traditional predictive modeling systems, such as linear and tree-based models trained on static data sets. If an attacker can receive many predictions from your model API or other endpoint (website, app, etc.),

Modeling 222
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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

Nor can we learn prediction intervals across a large set of parallel time series, since we are trying to generate intervals for a single global time series. With those stakes and the long forecast horizon, we do not rely on a single statistical model based on historical trends.

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Predicting Movie Profitability and Risk at the Pre-production Phase

Insight

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.

Risk 67
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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

2019 was a particularly major year for the business intelligence industry. The demand for real-time online data analysis tools is increasing and the arrival of the IoT (Internet of Things) is also bringing an uncountable amount of data, which will promote the statistical analysis and management at the top of the priorities list.

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Top 10 Analytics And Business Intelligence Buzzwords For 2020

datapine

Without a doubt, it’s a big technological advancement, and one of the big statistics buzzwords, but the extent to which it is believed to be already applied is vastly exaggerated. The commercial use of predictive analytics is a relatively new thing. The accuracy of the predictions depends on the data used to create the model.