CIO Business Intelligence

JUNE 7, 2022

Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning. Prescriptive analytics is a type of advanced analytics that involves the application of testing and other techniques to recommend specific solutions that will deliver desired outcomes.

Data Analytics 123

Data Analytics Diagnostic Analytics Management Analytics 123

Smarten

JUNE 26, 2018

This article describes chi square test of association and hypothesis testing. What is the Chi Square Test of Association Method of Hypothesis Testing? Let’s conduct the Chi square test of independence using two variables: Gender and Product category. Use Case – 1. About Smarten.

Testing 40

Testing Statistics IT Business Intelligence 40

IBM Big Data Hub

FEBRUARY 14, 2024

Creative AI use cases Create with generative AI Generative AI tools such as ChatGPT, Bard and DeepAI rely on limited memory AI capabilities to predict the next word, phrase or visual element within the content it’s generating. AI platforms can use machine learning and deep learning to spot suspicious or anomalous transactions.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

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

3) That’s where our data visualization and user experience capabilities helped them turn this data into a web-based analytical tool that focused users on the metrics and peer groups they cared about. There are many paths to consider: Visual representations that reveal patterns in the data and make it more human readable. Just kidding!

Predictive Modeling 128

Predictive Modeling Visualization Reporting Interactive 128

Domino Data Lab

AUGUST 1, 2021

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

Modeling Deep Learning Machine Learning Knowledge Discovery 139

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