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All Blog Posts Tagged 'mining' (39)

Semantic Roles according to Word2Vec

Figure 1. Scatter plot of word embedding coordinates (coordinate #3 vs. coordinate #10). You can see that semantically related words are close to each other.

This blog post is an extract from chapter 6 of the book “From Words to Wisdom. An Introduction to Text Mining…

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Added by Rosaria Silipo on May 7, 2018 at 12:00am — No Comments

Information Retrieval Document Search Engine in R

Introduction:

In this post, we learn about building a basic search engine or document retrieval system using Vector space model. This use case is widely used in information retrieval systems. Given a set of documents and search term(s)/query we need to retrieve relevant documents that are similar to the search query. 

Problem statement:

The problem statement explained above is represented as in below image. …

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Added by suresh kumar Gorakala on November 7, 2017 at 6:30am — No Comments

Cross Industry Standard for Data Mining

Recently I have come across a term, CRISP-DM - a data mining standard. Though this process is not a new one but I felt every analyst should know about commonly used Industry wide process. In this post I will explain about different phases involved in creating a data mining solution. 



CRISP-DM, an acronym for Cross Industry Standard Process for Data Mining, is a data mining process model that includes commonly used approaches that data…

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Added by suresh kumar Gorakala on October 22, 2015 at 10:59am — 2 Comments

novel itemset representations based on prefix-tree nodes for frequent itemset mining

In recent years, I proposed three new kinds of data structure to represent itemsets. They are Node-list [1], N-list [2], and Nodeset [3]. They use prefix-tree nodes to represent itemsets instead of the set of tranaction ids.

Since prefix-tree is usually high compressed, Node-list [1], N-list [2], and Nodeset [3] are much shorten than Tidset or diffset, which are two classical vertical representatnion of itemsets. Therefore, for frequent itemset mining, the algorithms based on Node-list,…

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Added by Zhi-Hong Deng on April 10, 2014 at 8:13pm — No Comments

Importance of detailed data in maintenance operation

Maintenance, Repair and Overhaul (MRO) operations are of extreme importance for some industries. They are particularly crucial for airplanes, helicopters, trains and heavy production machinery (such as power plant equipment). In fact, some equipment has a lifespan of 20 to 25 years, and over the course of its usage period, for every euro spent to purchase the equipment, MRO costs will be 3 to 3.5 euros.

 

In this market, the distribution of MRO activities varies widely between…

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Added by Michel Bruley on March 10, 2014 at 2:35am — No Comments

Warm-up exercise before data science.

Practicing Data science…

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Added by Manish Bhoge on October 18, 2013 at 12:22pm — 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

Partial Retraction Regarding Chase’s Profit with Mortgage Prediction

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…

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Added by Eric Siegel on July 8, 2013 at 12:30pm — No Comments

Predicting Lying and Predicting Dying

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 (…

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Added by Eric Siegel on April 4, 2013 at 1:53pm — No Comments

WSJ: HP Piloted Program to Predict Which Workers Would Quit

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…

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Added by Eric Siegel on March 20, 2013 at 2:19pm — No Comments

The Future of Prediction: Predictive Analytics in 2020

What's next is what's next… Predictive analytics is where business intelligence is going.

— Rick Whiting, InformationWeek



Ten Predictions for the First Hour of 2020



Good morning. It's January 2, 2020, the first workday of the year. As you drive to the office, the only thing predictive analytics doesn't do for you is steer the car (yet that's coming soon as well).



1. Anti-theft. As you enter your car, a predictive model establishes your…

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Added by Eric Siegel on February 26, 2013 at 9:34am — No Comments

The Obama Camp Persuaded Millions of Voters with Uplift Modeling

The Fiscal Times is running an excerpt from my book, Predictive Analytics, about the Obama campaign's use of uplift modeling (aka net lift or persuasion modeling).



ARTICLE: The Real Story Behind Obama's Election Victory 

By Eric Siegel 



Elections hang by a thinner thread than you think.



By now you probably know that Barack Obama's 2012 campaign for a second term "moneyballed" the…

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Added by Eric Siegel on February 14, 2013 at 9:30am — 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

Webinar signup: Advances in Gradient Boosting: the Power of Post-Processing. December 14, 10-11 a.m., PST

Webinar signup: Advances in Gradient Boosting: the Power of Post-Processing

December 14, 10-11 a.m., PST

Webinar Registration: http://2.salford-systems.com/gradientboosting-and-post-processing/  

 

Course Outline:

I. Gradient Boosting and Post-Processing:

o What is missing from Gradient Boosting?

o Why post-processing techniques are used?

 

II.…

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Added by Lisa Solomon on November 29, 2012 at 1:31pm — No Comments

CrowdANALYTIX launches series of ideation and data mining contests in collaboration with Indian School of Business

Indian School of Business, one of the premier management institution's in India and rated one among the Top 20 B-Schools in the world for their post graduate programs has collaborated with CrowdANALYTIX to initiate a contest that will help students collaborate with a large community of data scientists on a ideation problem. This is the first in a sequence of 4 including ideation and data mining…

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Added by Aravind on October 24, 2012 at 12:52am — No Comments

New Article: Make Your Next DM Presentation Twice as Good as Your Last

Improving our presentation skills will make for happier clients and bosses.  In this article, Tim Graettinger focuses on five crucial practices that will make your next presentation twice as good as your last.…

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Added by Daniel Graettinger on October 15, 2012 at 3:18pm — No Comments

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