Rocket-Powered Data Science

JULY 13, 2023

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 167

Analytics Machine Learning Data Science Deep Learning 167

CIO Business Intelligence

JUNE 7, 2022

Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes. It is often used to understand how customers feel about a brand, product, or service.

Data Analytics 125

Data Analytics Diagnostic Analytics Management Analytics 125

O'Reilly on Data

JUNE 18, 2019

There has been a significant increase in our ability to build complex AI models for predictions, classifications, and various analytics tasks, and there’s an abundance of (fairly easy-to-use) tools that allow data scientists and analysts to provision complex models within days.

Machine Learning 264

Machine Learning Data Quality Statistics Modeling 264

Domino Data Lab

AUGUST 1, 2021

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. See Wei et al.

Modeling 139

Modeling Deep Learning Machine Learning Knowledge Discovery 139

IBM Big Data Hub

MAY 17, 2024

Poorly run implementations of traditional or generative AI technology in commerce—such as deploying deep learning models trained on inadequate or inappropriate data—lead to bad experiences that alienate both consumers and businesses.

B2B 64

B2B Interactive Optimization Forecasting 64

O'Reilly on Data

DECEMBER 12, 2019

More structured approaches to sensitivity analysis include: Adversarial example searches : this entails systematically searching for rows of data that evoke strange or striking responses from an ML model. Figure 1 illustrates an example adversarial search for an example credit default ML model. Residual analysis.

Machine Learning 198

Machine Learning Modeling Testing Risk Management 198

Domino Data Lab

OCTOBER 7, 2020

The Curse of Dimensionality , or Large P, Small N, ((P >> N)) , problem applies to the latter case of lots of variables measured on a relatively few number of samples. The accuracy of any predictive model approaches 100%. Property 4: The accuracy of any predictive model approaches 100%.

Statistics 145

Statistics Testing Predictive Modeling Modeling 145