Remove Data mining Remove Insurance Remove Predictive Modeling Remove Visualization
article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance. What are the four types of data analytics? Data analytics and data science are closely related.

article thumbnail

Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. This can cause certain business problems with both your data points as well as your data analytics, web analytics , and response variable.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Impact of Healthcare BI Tools on Decision-Making and Patient Care

FineReport

Through the utilization of predictive models, clinicians can forecast patient outcomes and resource needs, enabling early intervention and personalized care delivery. Furthermore, the implementation of healthcare data mining techniques allows organizations to uncover hidden patterns and correlations within their datasets.

article thumbnail

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

Domino Data Lab

In this article we’ll use Skater , a freely available framework for model interpretation, to illustrate some of the key concepts above. Skater provides a wide range of algorithms that can be used for visual interpretation (e.g. layer-wise relevance propagation), model distillation (e.g. nn_importances.tail(25).plot.barh(figsize=(10,12));

Modeling 139