Predictive Analytics Times
Predictive Analytics Times
EXCLUSIVE HIGHLIGHTS

predictive models

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 question: What would it take for businesses to realize the full potential of their data repositories with machine learning? As we...

Are Random Variables a Fact of Life in Predictive Models?

 In some of the more recent literature, discussion has ensued about the use of pure random or noise variables that end up as key variables in predictive models. In our big data environment with...

The Danger of Playing It Safe

 Research shows that people tend to be overly risk averse when weighing the potential success or failure of a decision. This tendency is compounded when we consider the vast number of decisions being made...

Why Natural Language Processing Will Change Everything

 Do you talk to your computer or smartphone? Just a few years ago, that question would have been absurd. But with advances in natural language processing, the likelihood is that you have asked your...

The Big Picture: Today’s Data Analytics Stack

 Enterprises are inundated with data from social, mobile, IoT and other technologies. The pace of the data flow is only accelerating. Over 300 hours of videos are uploaded on YouTube every minute, and this...

In Predictive Analytics, Coefficients are Not the Same as Variable Influence, Part II

 In my last post, “Coefficients are not the same as variable influence”, I argued that coefficients in a linear regression model are useful but limited in answering the question, “which variables are most influential...

In Predictive Analytics, Coefficients are Not the Same as Variable Influence

 When we build predictive models, we often want to understand why the model behaves the way it does, or in other words, which variables are the most influential in the predictions. But how can...

Most Swans are White: Living in a Predictive Society

 In anticipation of the forthcoming Revised and Updated, paperback edition of Eric Siegel’s Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die (coming January 6, 2016—preorder today), read here its...

Misconceptions About Predictive Analytics

 Predictive analytics is often cited as a key business driver for Big Data. It is easy to see how predictive analytics, when done right, can represent a strong competitive advantage for companies. Such as:...

Business Decisions Needed in Data Privacy Protection

 Much of the digital economy relies on consumers giving up data for a service. This forces businesses to use their data privacy policies to build trust. When Philip O’Brien wanted to start modeling employee...

Page 1 of 2 1 2