A Data Science Central Community
Added by Colleen Lesovitz on October 30, 2013 at 11:00am — No Comments
I have just returned from the first ever ICHI (= International Conference on Healthcare Informatics) at which I discovered a "new generation" of healthcare researchers and policymakers, mostly under the age of 35 ... BUT with an UNDERSTANDING and PASSION of what needed to take place to get out of being in about 33rd place in the world in the quality of health care delivery and replacing it with ACCURACY / PATIENT CENTERED EFFECTIVENESS / and EFFICIENT COST EFFECTIVE processes that match what…Continue
Added by Gary D. Miner, Ph.D. on September 16, 2013 at 2:00pm — No Comments
Increasingly sophisticated analytics tools and methods are available to derive business insight from data. However, as a discipline which drives insight from data, the crucial ‘last step’ in the analytics process is about organizational decision making. A sophisticated, intensive analysis may all be…Continue
Statistics.com, a provider of online education in statistics and analytics, announces a partnership with CrowdANALYTIX, a predictive modeling “managed crowdsourcing” company, offering a new online course, “Applied Predictive Analytics in partnership with CrowdANALYTIX“, which will run from Oct. 11 to Nov 8, 2013.
The goal of this course is to teach users (who have basic knowledge of R programming, predictive analytics…Continue
Added by Janet Dobbins on September 11, 2013 at 10:59am — No Comments
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:
Added by Eric Siegel on August 21, 2013 at 1:16pm — No Comments
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:
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…Continue
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…Continue
Added by Eric Siegel on July 17, 2013 at 11:45am — No Comments
check out how the generation fuel mix profile changes from winter months to summer months.
nicely analysed and visualized at
Added by Parag Patil on July 11, 2013 at 6:33pm — No Comments
This blog post is to retract an aspect of a story about Chase Bank that I reported in my book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die (published by Wiley, February 2013).
Although predictive analytics professionals usually tell accurate stories about their projects, sometimes the information that comes from human beings is less reliable than the data driven systems they…Continue
Added by Eric Siegel on July 8, 2013 at 12:30pm — No Comments
using analytics and a lot of elbow grease .. came up with this.
check out the bidding profile of wind energy generators , bidding power into PJM during the month of Jan 2013..
need your feedback and comments to improve..
Added by Parag Patil on July 1, 2013 at 2:38pm — No Comments
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:…Continue
Business analytics model risk (part 0 of 5): framing model risk - the complexity genie and the challenge of deciding on decision models
Introduction to a series of five articles on model risk
Here we introduce a series of five articles seeking to frame, define, and categorize business analytics model risk. The intention is to propose processes and practices for strengthening organizational decision model risk mitigation. The series of five…Continue
Added by Scott Mongeau on June 13, 2013 at 3:54pm — No Comments
the next day wind speed is forecasted using different weather parameters. the forecasted wind speed is converted into electricity supply forecasts using wind turbine power curves. all forecasts have errors. hence most of the wind energy generators supply their electricity directly into the real time markets.
this causes them to leave a lot of upside on the table.
this is cause electricity cannot be stored. all that is produced is either consumed or grounded.shortfall…Continue
Added by Parag Patil on June 6, 2013 at 5:52pm — No Comments
One of the most popular application of predictive analytics is optimization of marketing campaign management. I've implemented it several times for clients in four different industries and here is my solution.
Introduction to campaign management
Marketing departments are usually responsible for management the marketing campaigns. Campaigns always have some triggers - may be planned, triggered by customer events and various alerts. Campaigns are run for a…Continue
Added by Jozo Kovac on May 7, 2013 at 7:00pm — No Comments
It's one of the integration problems that most of the big palyers in the industry have pretty much left untouched, Anyone working in the data integration / data warehousing industy understands that when you build a data warehouse, you have to create these complex pre-ETL source mappings before the ETL developers start work. The way most organizations do this is with spreadsheets. Every organization has an exorbitant amount of spreadsheets that they use to document this stuff. Once…Continue
Who benefits by predicting your behavior? Organizations do—companies, governments, hospitals, and political campaigns. They employ predictive analytics, technology that learns from data to render per-person predictions, one individual at a time.
People have been struck by the final words in the title of my new book on this subject, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die (…
Added by Eric Siegel on April 4, 2013 at 1:53pm — No Comments
Joel Schectman at the Wall Street Journal wrote about a story broken in my new book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die.
Wall Street Journal Article:
Book: HP Piloted Program to Predict Which Workers Would Quit
Joel Schectman, Wall Street Journal
Hewlett Packard Co. tested a predictive scoring system that attempted…Continue
Added by Eric Siegel on March 20, 2013 at 2:19pm — No Comments
Predictive Analytics: GET THE BOOK AND RECEIVE FREE ONLINE TRAINING
April 3rd is "Predictive Analytics" Day - not the science, the book! To build awareness of Eric Siegel's new, acclaimed book, "Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die" (published by Wiley Feb. 19), we're providing an offer ya can't refuse.
ORDER THE BOOK ON APRIL 3 VIA AMAZON (under $15) FOR:
1. Free access to the first of four modules of the…Continue
Added by Eric Siegel on March 12, 2013 at 11:04am — No Comments
This article was also published on Smart Blogs
Eric Siegel, Ph.D.
Retirement kills more people than hard work ever did.
I'm not afraid of death; I just don't want to be there when it happens.
Who benefits by predicting your behavior? Organizations do—companies, government agencies,…
Added by Eric Siegel on March 4, 2013 at 12:08pm — No Comments