Numerous articles have been written about the use of decision trees to create predictive models. The literature has been rich in detail about the varying techniques and methodologies used to create decision trees. Different approaches in terms of the mathematics being used range from using Chi-Square type statistics to the more engineering-based mathematics such as
Multi Channel retailing has existed for a very long time, it’s certainly not a new phenomena, however, the transition to Omni Channel retailing is becoming increasingly popular among leading retailers. In this article, we’re going to look...
Last week on “To the Point,” an NPR-syndicated radio show, Predictive Analytics World founder Eric Siegel discussed predictive analytics in relation to civil liberties. While being interviewed along with a WSJ journalist, a New York Times/New Yorker...
In anticipation of his upcoming conference keynote and workshops at Predictive Analytics World San Francisco, March 29-April 2, 2015, we asked Dean Abbott, Co-Founder and Chief Data Scientist of Smarter Remarketer, a few questions about his work...
In anticipation of Predictive Analytics World for Workforce, March 31-April 1, 2015, Conference Chair Greta Roberts interviewed keynote speaker Elpida Ormanidou, Vice President, Global People Analytics at Walmart. View the Q-and-A below to see how Ms. Ormanidou...
With Analytics being a buzzword, most business executives have in some form thought or talked about role of Analytics in their businesses. 4i had recently conducted annual benchmarking survey, talking to Consumer Insights and Analytics executives at...
Anomalies vs Outliers Anomaly detection, or finding needles in a haystack, is an important tool in data exploration and unsupervised analytic modeling. Anomaly detection also creates a path to supervised modeling by singling out key examples that...
Much of the discussion in the predictive analytics discipline tends to deal with techniques and approaches that will help resolve a given business challenge or problem. In any approach or technique, though, integration of both technical(i.e. mathematics...
Melissa McCormack,Research Manager at predictive analytics research firm Software Advice, was recently interviewed about dark data by our Event Marketing Manager, Crystal Prag. Learn about businesses that can benefit from dark data extraction and processing, and also...
In anticipation of his upcoming conference presentation at Predictive Analytics World Healthcare in Boston, “Resource Optimization: Using Predictive Analytics to Forecast Hospital Patient Volume for Hospital Resource Allocation and Staffing,” we asked Nephi Walton, M.D., MS Biomedical...
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