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What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

Benefits of predictive analytics Predictive analytics makes looking into the future more accurate and reliable than previous tools. Retailers often use predictive models to forecast inventory requirements, manage shipping schedules, and configure store layouts to maximize sales. Forecast financial market trends.

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Leveraging user-generated social media content with text-mining examples

IBM Big Data Hub

Information retrieval The first step in the text-mining workflow is information retrieval, which requires data scientists to gather relevant textual data from various sources (e.g., The data collection process should be tailored to the specific objectives of the analysis.

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The quest for high-quality data

O'Reilly on Data

Data programming. Increasing the quality of the available data via either unification or cleaning, or both, is definitely an important and a promising way forward to leverage enterprise data assets. An important paradigm for solving both these problems is the concept of data programming.

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The most valuable AI use cases for business

IBM Big Data Hub

By infusing AI into IT operations , companies can harness the considerable power of NLP, big data, and ML models to automate and streamline operational workflows, and monitor event correlation and causality determination. AI platforms can use machine learning and deep learning to spot suspicious or anomalous transactions.

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Of Muffins and Machine Learning Models

Cloudera

We can think of model lineage as the specific combination of data and transformations on that data that create a model. This maps to the data collection, data engineering, model tuning and model training stages of the data science lifecycle.

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Solving the Data Daze – Analytics at the Speed of Business Questions

Rocket-Powered Data Science

Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”).

Analytics 166
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Explaining black-box models using attribute importance, PDPs, and LIME

Domino Data Lab

The interest in interpretation of machine learning has been rapidly accelerating in the last decade. This can be attributed to the popularity that machine learning algorithms, and more specifically deep learning, has been gaining in various domains. Methods for explaining Deep Learning.

Modeling 139