Domino Data Lab

OCTOBER 7, 2020

Statistical methods for analyzing this two-dimensional data exist. MANOVA, for example, can test if the heights and weights in boys and girls is different. This statistical test is correct because the data are (presumably) bivariate normal. The accuracy of any predictive model approaches 100%.

Statistics 145

Statistics Testing Predictive Modeling Modeling 145

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? It is used to determine whether there is a statistically significant association between the two categorical variables. Use Case – 1.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 17, 2022

After completion of the testing procedure, the certificate is provided to show that all requirements were met. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Analytics 67

Analytics IT Business Intelligence Predictive Modeling 67

O'Reilly on Data

MAY 18, 2020

To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. And last is the probabilistic nature of statistics and machine learning (ML). Because statistics: Last is the inherently probabilistic nature of ML. All predictive models are wrong at times?—just

Risk 359

Risk Modeling Data Processing Software 359

BizAcuity

APRIL 1, 2023

AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. Predictive Analytics. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Domino Data Lab

JULY 28, 2021

Through a marriage of traditional statistics with fast-paced, code-first computer science doctrine and business acumen, data science teams can solve problems with more accuracy and precision than ever before, especially when combined with soft skills in creativity and communication. Math and Statistics Expertise.

Data Science 110

Data Science Statistics Recreation/Entertainment Predictive Analytics 110

Smarten

NOVEMBER 8, 2022

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Intelligence 52

Business Intelligence Predictive Modeling Statistics Data-driven 52

CIO Business Intelligence

APRIL 25, 2022

The data science path you ultimately choose will depend on your skillset and interests, but each career path will require some level of programming, data visualization, statistics, and machine learning knowledge and skills. On-site courses are available in Munich. Remote courses are also available. Switchup rating: 5.0 (out Data Science Dojo.

Data Science 145

Data Science Machine Learning Deep Learning Statistics 145

DataRobot Blog

APRIL 29, 2022

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. When business decisions are made based on bad models, the consequences can be severe. Figure 1: The main components of a model as defined by banking industry regulators.

Risk 111

Risk Modeling IT Risk Management 111

O'Reilly on Data

DECEMBER 12, 2019

Model debugging is an emergent discipline focused on finding and fixing problems in ML systems. In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. Currency amounts reported in Taiwan dollars. Residual analysis.

Machine Learning 191

Machine Learning Modeling Testing Risk Management 191

CIO Business Intelligence

OCTOBER 13, 2023

Responsibilities include building predictive modeling solutions that address both client and business needs, implementing analytical models alongside other relevant teams, and helping the organization make the transition from traditional software to AI infused software.

Deep Learning 143

Deep Learning Machine Learning Modeling Software 143

Smarten

JUNE 20, 2018

The business can use this information for forecasting and planning, and to test theories and strategies. In prediction, the objective is to “model” all the components to some trend patterns to the point that the only component that remains unexplained is the random component. Linear Trend. Stationary/Stationarity.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

Correlation is a statistical measure that indicates the extent to which two variables fluctuate together. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

Simple Linear Regression is a statistical technique that attempts to explore the relationship between one independent variable (X) and one dependent variable (Y). All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

Multiple Linear Regression is a statistical technique that is designed to explore the relationship between two or more variables (X, and Y). All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 27, 2018

When a business uses Outlier analysis, it is important to test the results and analyze the overall dataset and environment to be sure that the presence of outliers does not indicate that the dataset may be more complex than anticipated and may require a different form of analysis.

IT 40

IT Business Intelligence Predictive Modeling Testing 40

Smarten

JUNE 29, 2018

Correlation is a statistical measure that indicates the extent to which two variables fluctuate together A positive correlation indicates the extent to which those variables increase or decrease in parallel. This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

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] Source: Gartner (April 2018).

Machine Learning 73

Machine Learning Data Science Testing Metrics 73

Smarten

JUNE 29, 2018

Improved statistical precision is achieved through this method due to the low variability within each subgroup, and the fact that a smaller sample size is required for this method as compared to simple random sampling. A random sample from each of these subgroups is taken in proportion to the subgroup size relative to the population size.

Analytics 40

Analytics Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 28, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smarten

JUNE 29, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

JUNE 26, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Forecasting 40

Forecasting Enterprise IT Sales 40

Birst BI

OCTOBER 30, 2018

The foundation of predictive analytics is based on probabilities. To generate accurate probabilities of future behavior, predictive analytics combine historical data from any number of applications with statistical algorithms. A well-designed credit scoring algorithm will properly predict both the low- and high-risk customers.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Smarten

JUNE 29, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 26, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 25, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Smarten

JUNE 27, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

Smarten

JUNE 29, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise IT Business Intelligence Forecasting 40

Smarten

JUNE 27, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Insight

AUGUST 5, 2020

Summary statistics (i.e. This created a summary features matrix of 7472 recordings x 176 summary features, which was used for training emotion label prediction models. Prediction models An Exploratory Data Analysis showed improved performance was dependent on gender and emotion. the Mel-frequency cepstrum).

Predictive Modeling 98

Predictive Modeling Statistics Modeling Measurement 98

Smarten

JANUARY 27, 2023

Smarten has announced the launch of Predictive Model Mark-Up Language (PMML) Integration capability for its Smarten Augmented Analytics suite of products. Simply create the predictive model, using your favorite platform, export the model as a PMML file and import that model to Smarten.

Predictive Modeling 52

Predictive Modeling Analytics Predictive Analytics Business Intelligence 52

Smarten

APRIL 19, 2024

Assisted Predictive Modeling and Auto Insights to create predictive models using self-guiding UI wizard and auto-recommendations The Future of AI in Analytics The C=suite executive survey revealed that 93% felt that data strategy is critical to getting value from generative AI, but a full 57% had made no changes to their data.

Analytics 57

Analytics Predictive Modeling KPI Machine Learning 57

Domino Data Lab

APRIL 21, 2021

Auxiliary techniques like relying on card holders to report fraudulent transactions have unfortunately proven to be ineffective [1]. In contrast, the decision tree classifies observations based on attribute splits learned from the statistical properties of the training data. It can be implemented as either unsupervised (e.g.

Statistics 69

Statistics Machine Learning Modeling Metrics 69

DataRobot Blog

DECEMBER 1, 2022

For example, you could set up a data pipeline that delivers DataRobot predictions to HubSpot to automatically initiate offers within the business rules you set. You could also use the predictions to visualize a BI dashboard or report for your marketing managers to access. Training and Testing Different AI Models.

Machine Learning 52

Machine Learning Marketing Modeling Statistics 52

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