Predictive Analytics Times
Predictive Analytics Times

4 years ago
Is Big Data Better?

 Big data is usually defined as lots of records and fields with large variety, volume, and velocity. But big data by itself is of no value; it’s the information in the big data that determines its value. If the records contain little information, it’s obvious that more records containing little information will be of little help in predictive modeling. Consider a behavioral data collected on a retailer’s web site. Time on site, even for millions of visits will provide some information, but little truly valuable information to help us predict whether or not someone will purchase soon. Additional information, such

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