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Companies and enterprises are facing a daily grind, while they are also required to see to it that their customers are happy & satisfied, operations is efficient and employees are satisfied; and all this makes running the business – a real challenge. “Audience is the new business model”, and if any organization is struggling miserably to communicate with customers or their audience, there certainly is a negative impact of it across the business plan,…Continue
Added by Chirag Shivalker on September 26, 2017 at 12:30pm — No Comments
Hi All ,
I've recently build a predictive data model for a campaign to target group of customer who can switch from payment method "A" to Payment method "B".
The idea was to come up with predictive model with payment/usage variables as independent variable and the event of switch in past is taken as dependent variable.
i) I used logistic regression model for probability estimation.
ii) The data is sorted in order of descending probability…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
I just finished reading an excellent posting on the Netflix Tech Blog by Xavier Amatriain and Justin Basilico. Entitled "Netflix Recommendations: Beyond the 5 stars (Part 1)", it gives a very nice account of the actual application of the 107 algorithms submitted as the winner solution to the…
Added by Alex Guazzelli on May 7, 2012 at 10:54am — No Comments
Added by Ronald J. Ramos on May 1, 2009 at 3:57pm — No Comments
Added by Ronald J. Ramos on April 22, 2009 at 12:32pm — No Comments