Uncategorized
442 views

Predictive Modeling Skills: Expect to be Surprised

DeanAbbott - December 7, 2015

Excerpted from Chapter 1 of my book Applied Predictive Analytics, Wiley 2014

Predictive Analytics
588 views

Similarities and Differences Between Predictive Analytics and Business Intelligence

DeanAbbott - August 12, 2014

I’ve been reminded recently of the overlap between business intelligence and predictive analytics. Of course any reader of this blog (or at least the title of the…

Why Overfitting is More Dangerous than Just Poor Accuracy [PART 2]
Uncategorized
305 views
Uncategorized
305 views

Why Overfitting is More Dangerous than Just Poor Accuracy [PART 2]

DeanAbbott - June 9, 2014

In Part I, I explained one problem with overfitting the data: (more…)

Analytics
477 views

Why Overfitting is More Dangerous than Just Poor Accuracy [PART 1]

DeanAbbott - June 6, 2014

Arguably, the most important safeguard in building predictive models is complexity regularization to avoid overfitting the data. (more…)

A Good Business Objective Beats a Good Algorithm
Analytics
393 views
Analytics
393 views

A Good Business Objective Beats a Good Algorithm

DeanAbbott - November 26, 2013

Predictive Modeling competitions, once the arena for a few data mining conferences, has now become big business. Kaggle (kaggle.com) is perhaps the most well-known forum for modeling…

The NSA, Link Analysis and Fraud Detection
Analytics
404 views
Analytics
404 views

The NSA, Link Analysis and Fraud Detection

DeanAbbott - July 25, 2013

The recent leaks about the NSA’s use data mining and predictive analytics has certainly raised awareness of our field and has resulte (more…)

Big Data Is Not Enough
Analytics
326 views
Analytics
326 views

Big Data Is Not Enough

DeanAbbott - June 18, 2013

Big data is the big buzz word in the world of analytics today. According to google trends, shown in the figure, searches for "big data" have been…

Analytics
390 views

Do Predictive Modelers Need to Know Math?

DeanAbbott - April 2, 2013

Predictive analytics is just a bunch of math, isn’t it? After all, algorithms in the form of matrix algebra, summations, integrals, multiplies and adds are the core…

Takeaways From Your Next Predictive Analytics Conference
Analytics
311 views
Analytics
311 views

Takeaways From Your Next Predictive Analytics Conference

DeanAbbott - February 15, 2013

Why should one go to a predictive analytics conference? What should one take home from a conference like Predictive Analytics World (PAW)? There are many reasons conferences…

Using Geographic Data
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296 views
Uncategorized
296 views

Using Geographic Data

DeanAbbott - February 11, 2013

Most organizations collect and maintain some type of geographic data, yet many ignore this data during analysis. Any business has some record of customer addresses, for instance,…