Predictive Analytics Times
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Uplift Modeling: Making Predictive Models Actionable

 Predictive models typically estimate the likelihood of future events, such as whether it will rain tomorrow or which customers are most likely to “churn” by cancelling their phone contract.  In the case of the weather, we do not expect to change it; we just want to know how to adapt.  However, the goal for...

Employee Life Time Value and Cost Modeling – Part 2

 The Employee Cost Curve It is simple enough to document the hard costs that make up the initial stages of employee life-cycle. This section will walk through the major cost areas, but the specifics...

Beware Workforce Vendors Using Predictive Workforce Language But Offering Non-Predictive Solutions

 Talent Analytics, Corp. has a unique approach to workforce predictive analytics.  At our firm, we measure success by how our projects quantifiably benefit the Line of Business.  We watch it, track it, and report...

Artificial Intelligence, Automation, and Predictive Analytics (Part 1)

 Artificial intelligence seems to be the latest term which is capturing the not only the predictive analytics discipline’s attention but the general public as well as seen by the many articles in much of...

Data Scientist – Best Job in America, Again

 By Gregory Piatetsky, KDnuggets Originally published in KDnuggets The popular job site Glassdoor published a list of 50 Best Jobs in America, and Data Scientist is again the no. 1 job in USA, with...

Election Analytics Falacies: “Moneyball” Doesn’t Always Win

 Originally published in CivicHall.org For the past week or so, an article titled “The Data That Turned the World Upside Down” has been following me around like a bad headcold. The article tells a...

Making the Move from Predictive Modeling to Machine Learning

 Everyone is wanting to learn more about how Machine Learning can be used in their business. What’s interesting though is that many companies may already be using Machine Learning to some extent without really...

Why You’re Not Getting Value from Your Data Science

 Businesses today are constantly generating enormous amounts of data, but that doesn’t always translate to actionable information. Over the past several years, my research group at MIT and I have sought answers to a fundamental...

Big Data Already Paying Off in Insurance Fraud Detection

 There’s a lot of talk right now about how big data is going to change insurance. Artificial intelligence and prescriptive analytics are definitely coming, and they will definitely change the insurance industry. To get...

Using Analytics to Explain the Presidential Debates

 The three presidential debates during the 2016 election year were of historical importance. This election campaign is likely to shape the political discourse for the country by unprecedented proportions. The stakes are high and candidates...

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