Birst BI

OCTOBER 30, 2018

Descriptive analytics techniques are often used to summarize important business metrics such as account balance growth, average claim amount and year-over-year trade volumes. The foundation of predictive analytics is based on probabilities. Seven Steps to Success for Predictive Analytics in Financial Services. Accounts in use.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Business Over Broadway

SEPTEMBER 27, 2018

genetic counseling, genetic testing). Analytics in these types of projects may be less valuable due to lack of generalizability (to the other customers) and poor models (e.g., underspecified) due to omitted metrics. Machine Learning and Predictive Modeling of Customer Churn. segmentation on steroids).

Machine Learning 76

Machine Learning Data Integration Marketing Predictive Modeling 76

Birst BI

AUGUST 23, 2018

For example, there are a plethora of software tools available to automatically develop predictive models from relational data, and according to Gartner, “By 2020, more than 40% of data science tasks will be automated, resulting in increased productivity and broader usage by citizen data scientists.” [1]

Machine Learning 73

Machine Learning Data Science Testing Metrics 73

Sisense

SEPTEMBER 25, 2020

A data scientist must be skilled in many arts: math and statistics, computer science, and domain knowledge. Statistics and programming go hand in hand. Mastering statistical techniques and knowing how to implement them via a programming language are essential building blocks for advanced analytics. Linear regression.

Statistics 98

Statistics Predictive Modeling Modeling Machine Learning 98

Smarten

APRIL 19, 2024

Anomaly Alerts KPI monitoring and Auto Insights allows business users to quickly establish KPIs and target metrics and identify the Key Influencers and variables for the target KPI.

Analytics 57

Analytics Predictive Modeling KPI Machine Learning 57

Domino Data Lab

APRIL 21, 2021

Rules-based fraud detection (top) vs. classification decision tree-based detection (bottom): The risk scoring in the former model is calculated using policy-based, manually crafted rules and their corresponding weights. from sklearn import metrics. Let’s also look at the basic descriptive statistics for all attributes.

Statistics 69

Statistics Machine Learning Modeling Metrics 69

DataRobot Blog

DECEMBER 1, 2022

As you upload your data, DataRobot will do some initial exploratory data analysis to get a deeper understanding of the dataset prior to model training. Next, choose your target variable—in this instance it is automatically detected as a classification problem and an optimization metric is recommended. Automate Feature Engineering.

Machine Learning 52

Machine Learning Marketing Modeling Statistics 52

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

Nor can we learn prediction intervals across a large set of parallel time series, since we are trying to generate intervals for a single global time series. With those stakes and the long forecast horizon, we do not rely on a single statistical model based on historical trends.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Occam's Razor

NOVEMBER 17, 2008

There is a tendency to think experimentation and testing is optional. Just don't fall for their bashing of all other vendors or their silly claims, false, of "superiority" in terms of running 19 billion combinations of tests or the bonus feature of helping you into your underwear each morning. And I meant every word of it.

Testing 112

Testing Experimentation Risk Optimization 112

Domino Data Lab

OCTOBER 23, 2019

As a result, there has been a recent explosion in individual statistics that try to measure a player’s impact. You can add a Makefile command test that will run all of your notebooks by issuing. test: py.test --nbval notebooks/*.ipynb. 05) in predicting changes in attendance. The lower the RMSE, the better the prediction.

Statistics 59

Statistics Machine Learning Testing Modeling 59

Insight

FEBRUARY 19, 2020

I held out 20% of this as a test set and used the remainder for training and validation. Feature Selection and Engineering Most of the inputs to my model were taken either as is from the data source, or with minimal processing. Scatterplot of the predicted ROI vs. the true ROI for the hold-out test set. A New Hope ).

Risk 67

Risk ROI Modeling Metrics 67

Smarten

JUNE 29, 2018

Given a set of transactions, this process aims to find the rules that enable us to predict the occurrence of a specific item based on the occurrence of other items in the transaction. While there are numerous metrics and factors used in this technique, for this example, we will only consider two factors namely, Support and Confidence.

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

Domino Data Lab

AUGUST 22, 2019

Although it’s not perfect, [Note: These are statistical approximations, of course!] GloVe and word2vec differ in their underlying methodology: word2vec uses predictive models, while GloVe is count based. Note: A test set of 19,500 such analogies was developed by Tomas Mikolov and his colleagues in their 2013 word2vec paper.

Deep Learning 111

Deep Learning Modeling Metrics Testing 111

datapine

NOVEMBER 27, 2019

The demand for real-time online data analysis tools is increasing and the arrival of the IoT (Internet of Things) is also bringing an uncountable amount of data, which will promote the statistical analysis and management at the top of the priorities list. Prescriptive analytics goes a step further into the future.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

DECEMBER 3, 2023

Augmented Analytics vs Predictive Analytics is not really a question. What is self-service analytics? We should probably explain before we move on.

Key Performance Indicator 52

Key Performance Indicator Analytics IT Predictive Analytics 52

Jet Global

MAY 1, 2023

As a result, end users can better view shared metrics (backed by accurate data), which ultimately drives performance. When treating a patient, a doctor may wish to study the patient’s vital metrics in comparison to those of their peer group. They can also create custom calculations and metrics, and build new data visualizations.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52