It is a Mistake to…. Ask the Wrong Question - Predictive Analytics Times - machine learning & data science news
Predictive Analytics Times
Predictive Analytics Times

6 years ago
It is a Mistake to…. Ask the Wrong Question

 (Part 4 (of 11) of the Top 10 Data Mining Mistakes, drawn from the Handbook of Statistical Analysis and Data Mining Applications) It is very important to have the right project goal; that is, to aim at the right target. This was exemplified (in a positive way) by a project at Shannon Labs, led by Daryl Pregibon, to detect fraud in international calls. Rather than use a conventional approach, which would have tried to build a model to distinguish (rare, but expensive) fraud from (vast examples of) non-fraud, for any given call, the researchers characterized normal calling patterns for each

To view this content
Login OR subscribe for free

Already receive the Predictive Analytics Times emails?
As of January 2014, the Predictive Analytics Times now requires legacy email subscribers to upgrade their subscription - one time only - in order to attain a password-protected login and gain complete access.

Click here to complete this one-time subscription upgrade


Existing Users Log In
New User Registration
*Required field

Comments are closed.

Pin It on Pinterest

Share This