Domino Data Lab

JULY 28, 2021

There are many software packages that allow anyone to build a predictive model, but without expertise in math and statistics, a practitioner runs the risk of creating a faulty, unethical, and even possibly illegal data science application. All models are not made equal.

Data Science 110

Data Science Statistics Recreation/Entertainment Predictive Analytics 110

Juice Analytics

MARCH 11, 2021

Predictive models to take descriptive data and attempt to tell the future. The right product manager We’ve helped launch data products in many industries including healthcare, education, insurance, advertising and market research. She enhances data through predictive modeling and other advanced data analytics techniques.

Predictive Modeling 128

Predictive Modeling Visualization Reporting Interactive 128

Birst BI

OCTOBER 30, 2018

The output of these algorithms, when used in financial services, can be anything from a customer behavior score to a prediction of future trading trends, to flagging a fraudulent insurance claim. The credit scores generated by the predictive model are then used to approve or deny credit cards or loans to customers.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Smarten

JUNE 21, 2018

Business Problem : Insurance claim manager wants to forecast policy sales for next month based on past 12 months data. Tools such as Smarten Plug n’ Play predictive analysis provide assisted predictive modeling capabilities. 2) Double Exponential Smoothing Use Case.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smarten

JULY 10, 2018

Independent Samples T Test: What is the Independent Samples T Test Method of Analysis and How Can it Benefit an Organization? Use Case(s): Predict if loan default based on attributes of applicant; predict likelihood of successful treatment of new patient based on patient attributes and more.

Analytics 40

Analytics Forecasting Statistics Sales 40

Domino Data Lab

AUGUST 1, 2021

This is because in this post we are not after a state-of-the-art classifier, but want to rather focus on the interpretation of the black-box model fitted against the sample dataset. After forming the X and y variables, we split the data into training and test sets. PDPs for the bicycle count prediction model (Molnar, 2009).

Modeling 139

Modeling Deep Learning Machine Learning Knowledge Discovery 139

CIO Business Intelligence

AUGUST 15, 2023

In partnership with OpenAI and Microsoft, CarMax worked to develop, test, and iterate GPT-3 natural language models aimed at achieving those results. The CarMax team also gathered, scrubbed and formatted data from thousands of vehicles to feed into the models, fine-tuning them as the project advanced.

IT 92

IT Manufacturing IoT Cost-Benefit 92

O'Reilly on Data

SEPTEMBER 19, 2023

While data scientists were no longer handling Hadoop-sized workloads, they were trying to build predictive models on a different kind of “large” dataset: so-called “unstructured data.” You can see a simulation as a temporary, synthetic environment in which to test an idea. And it was good.

Machine Learning 247

Machine Learning Testing Modeling Cost-Benefit 247

Domino Data Lab

AUGUST 20, 2019

The problem is that a new unique identifier of a test example won’t be anywhere in the tree. Feature extraction means moving from low-level features that are unsuitable for learning—practically speaking, we get poor testing results—to higher-level features which are useful for learning. Separate out a hold-out test set.

Testing 68

Testing Modeling Interactive Measurement 68

DataRobot

NOVEMBER 15, 2021

This will be further expanded to energy, life sciences, insurance, government, telecommunications and media organizations in 2022. With DataRobot AI Cloud for Industries, we’re excited to announce expanded partner-delivered and partner-enabled offerings for these key industries with our growing ecosystem of strategic partners. Find out more.

Manufacturing 52

Manufacturing Forecasting Machine Learning Data-driven 52