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In very simple words, the process of predicting the probability of an event using mathematical models is defined as predictive modelling. In different fields there has been a wide-spread application of predictive modelling. This is mainly for the purpose of decision making. Recently, the technological advancements have made it possible for predictive modelling to expands its reach within the healthcare sector.…Continue
With the development of web technologies, an increasing amount of opinions are published online every day!!
People rely on the reviews more than before to help determine the quality of product in which they are interested!!
We use the chatter data from Twitter.com to forecast box-office revenues for movies!!
The data that is being generated on the social networks as a result of human activities is commonly referred as Social Data. This is one of the largest streams of…Continue
Added by Ashish Soni on November 2, 2013 at 2:07am — No Comments