Editor’s note: This article compares measures for model performance. Note that “accuracy” is a specific such measure, but that this article uses the word “accuracy” to generically refer to measures in general. In data mining, data scientists use algorithms to identify previously unrecognized patterns and trends hidden within vast amounts of structured and unstructured information.
(Part 3 of 11 of the Top 10 Data Mining Mistakes, drawn from the Handbook of Statistical Analysis and Data Mining Applications) -John Elder (elder datamininglab com) “To a little boy with a hammer, all...
I quit my job as a Mathematical Statistician after one year and two days. I left behind great benefits, job security, and guaranteed raises entirely because I felt unfulfilled. I was bored, lacked a sense of a...
(Part 2 of 11 of the Top 10 Data Mining Mistakes, drawn largely from Chapter 20 of the Handbook of Statistical Analysis and Data Mining Applications)...
