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All Blog Posts Tagged 'analysis' (32)

Fraud detection in retail with graph analysis

Fraud detection is all about connecting the dots. We are going to see how to use graph analysis to identify stolen credit cards and fake identities. For the purpose of this article we have worked with Ralf Becher, irregular.bi. Ralf is Qlik Luminary and he provides solutions to integrate the Graph approach into Business Intelligence solutions like QlikView and Qlik Sense.

Third party fraud in retail

Third party fraud occurs when a…

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Added by Jean Villedieu on June 2, 2015 at 10:32am — 1 Comment

Analytics have zero value -- until they inform a decision

As a decision analyst, it is delightful to see all the excitement about the ever-increasing amounts of data available. But, when I see much of what data scientists are doing to find interesting patterns (descriptive analytics is just looking in the rear view mirros) and forecasting (predictive analytics, ideally our GPS), I see little attention paid to the real business decisions that might be informed by these insights (the decision analytics, helping our clients steer a better…

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Added by Max Henrion on March 26, 2015 at 12:00pm — 2 Comments

Bigdata and Website Analysis

Why use big data tools to analyse web analytics data?

     Because, Web event data is incredibly valuable. It tells us how our customers actually behave (in lots of detail), and how that varies. We can also do analysis between different customers or for the same customers over time.…

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Added by VINU KIRAN .S on January 31, 2015 at 5:19am — No Comments

Network analytics: more than pretty pictures

Originally posted on sctr7.com

Network analysis is a rapidly growing analytics domain propelled by the explosion of interest in social networking. The methods rest upon much older foundations in the realms of statistics and social science. Euler’s graph theory was proposed in the early 18th century and Moreno established the foundations for…

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Added by Scott Mongeau on August 15, 2014 at 1:30am — No Comments

Few Exploratory Analysis techniques explained

In my previous blog post I have explained the steps needed to solve a data analysis problem. Going further, I will be discussing in-detail each and every step of Data Analysis. In this post, we shall discuss about exploratory Analysis.

What is Exploratory Analysis?

“Understanding data…

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Added by suresh kumar Gorakala on March 6, 2014 at 11:09pm — 2 Comments

optimizing natural gas supply to boston

check out our post on optimizing natural gas supply to Boston

optimizing NG supply to Boston

Added by Parag Patil on December 10, 2013 at 8:12am — No Comments

Crime Prediction - Predictive Modeling in Law Enforcement

No predictive model is going to be 100% accurate unless by chance.  The nature of predictive modeling is to learn from the past and see into the future.  Essentially, predictive modeling is just modeling.  Think about why we use statistical models - so we can fit the data into a pattern of behavior and anticipate future results.  It's all about how you use and interpret this model.

 

Crime analysts may use a tool similar to the following example on a robbery…

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Added by Nicole on September 5, 2013 at 12:00pm — No Comments

Conditional Formatting in Excel – Highest Number in Each Row

Conditionally formatting each row individually is an issue that I struggled with for some time and finally found an answer.  I have a table that lists 28 different activities by day of the week.  On the report I need to highlight the day with the highest count per activity.

The solution is to essentially conditionally format each row to highlight the highest number.  But who wants to take time formatting 28 rows?  Plus, there are several other cities to analyze.  So it’s…

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Added by Nicole on September 5, 2013 at 5:29am — No Comments

Video Clips Expound Upon Predictive Analytics

Since February's launch of my book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die, I have participated in a number of video interviews that explore the topic and field of predictive analytics. Here is a sampling:

 

Bloomberg TV – Predictive Analytics in Four Minutes:

 …

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Added by Eric Siegel on August 21, 2013 at 1:16pm — No Comments

Financial Times Review of “Predictive Analytics”: “Ignores Dark Overtones”

The Financial Times reviewed my book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die.

 

Click here to read the full Financial Times review (free membership required).

 

Excerpt from the book review:

Book…

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Added by Eric Siegel on August 15, 2013 at 9:22am — 2 Comments

The New Predictive Profession – Odd Yet Newly Legitimate

Here's a review of my book Predictive Analytics from Robert Nisbet, Ph.D., a leading consultant, author, and predictive analytics instructor at University of California – Irvine (posted here with his permissoin).

 

Review of Predictive Analytics – The Power to Predict Who Will Click, Buy, Lie, or Die  By Eric Siegel.

Robert Nisbet, Ph.D.

March 21, 2013

 

Predictions have a problem.  They are viewed…

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Added by Eric Siegel on August 12, 2013 at 12:16pm — 1 Comment

An Onslaught of Press about Predictive Analytics

Have you seen the press coverage related to my book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die (Wiley, February 2013)?

 

If you're already an expert practitioner, these articles can serve to help ramp up your clients and coworkers.

 

If your work doesn't connect to data munching in any way, these articles (and the book) are still totally for you. This accessible book has been…

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Added by Eric Siegel on August 8, 2013 at 7:10am — No Comments

Book FAQ: Is the Book “Predictive Analytics” for Experts?

When you invest the time to read a book, you're investing a lot more than the $17 to buy it.

Many ask whether my book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die, is at the right level for their needs. Is it too advanced? (Quick answer: definitely not.) Will it instruct me on how to execute on predictive analytics? (Not directly – it is an industry primer rather than a…

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Added by Eric Siegel on July 17, 2013 at 11:45am — No Comments

Seven Questions on Adopting Analytics Culture

Seven Questions on Adopting Analytics Culture

Seven questions are posed and are addressed in serial.  The theme: ‘how can organizations adopt analytics-based decision making culture?’  

In particular, the questions address the use of change management to adopt evidence-based decision making, associated organizational challenges, and how analytics can be used to manage organizational change itself:…

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Added by Scott Mongeau on June 13, 2013 at 3:59pm — 2 Comments

Applying Data Analysis Techniques to Solve Big Data Challenges

A recent article entitled "Nate Silver on big data's future: It's about attitude" appeared on fcw.com (The Business of Federal Technology).   The full article along with the points made below can be read here:

http://www.scoop.it/t/big-data-technology-applications-and-analytics

In the meantime, what came to mind has to do with different analytic approaches being used together to solve a…

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Added by Tony Agresta on February 26, 2013 at 1:22pm — No Comments

Read the Preface for Siegel’s Book – Predictive Analytics

Read the Preface for Siegel’s Book – Predictive Analytics



Here is the preface for Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die



By Eric Siegel, with a foreword from Tom Davenport

(Wiley, February 2013)

 

To order the book:…

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Added by Eric Siegel on February 8, 2013 at 6:30am — No Comments

Old SQL, New SQL, NoSQL - Making Sense of the Five Major Classes of Database Technology

This link will take you to a great YouTube Video on the 5 classes of databases and the differences in the major players in the NoSQL market.

The Database Revolution

And here are some conclusions I took away from the presentation.

Mike Bowers, Principal Engineer at the Church of Jesus Christ of…

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Added by Tony Agresta on December 27, 2012 at 1:11pm — No Comments

Big Data Technology, Trends & Success

I wanted to share this link with members on Analytic Bridge - it represents a series of articles, insights and conclusions drawn about Big Data Technology, Trends and Success:

http://www.scoop.it/t/big-data-technology-applications-and-analytics

Here's a comment I posted about the Article entitled "The Role of the Data Scientist in Big Data" from Tech Republic. There are others on the page.    "As…

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Added by Tony Agresta on December 26, 2012 at 12:39pm — No Comments

Improve the Computation and Analysis Ability in Java

Java is the most widely used programming language with an outstanding architecture. It is the top preferred language to develop the enterprise application. However, Java is not fit for the mass data computation. If encountering the computation that is too complex to be represented in a single SQL statement or it is not allowed to add stored procedures to database, then drawbacks of Java would be highlighted.

Hereby is a case on how to deal with above questions with…

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Added by Daisy Ding on July 24, 2012 at 1:23am — No Comments

Article: Nuts & Bolts of DM - The Histogram

For all the strides that data mining tools have made, using them well still requires hard work and critical thought.  In this article on the nuts & bolts of DM, we review a real workhorse for data mining and analysis - the histogram.  Among the histograms encountered most frequently in practice are the following: “money”, “count”, and “outlier”.  We will look at each one of them in turn….     Read the…

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Added by Daniel Graettinger on June 19, 2012 at 7:07pm — No Comments

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