Jeffrey Strickland
29/5/2016 · 4 min read · +300 · 5
To data analyst and 9 more
What the Heck are Predictive Models?

What the Heck are Predictive Models?

IntroductionPredictive modeling does not lie solely in the domain of Big Data Analytics or Data Science. I am sure that there are a few “data scientists” who think they invented predictive modeling. However, predictive modeling has existed for a...

Anonymous

Predictive modelling as applied in insurance is about understanding risk (or propensity). Actuarial science is typically focused on trying to understand forward liability. Unless an insurance provider understands this and has the asset backing to cover the liability, then the scheme is no better than a pyramid selling ponzi scheme. The concept of forward liability is being applied more generally in the social sector. It can be thought of as an indicator of the lost opportunity caused by social services delivery failure. Reduction in this forward liability also delivers increased contribution to society. The term "Social Investment" has been coined and is becoming a focus of Governments as different as those of New Zealand and France.

12/2/2017

Anonymous

Jeffrey, good coverage of the history and approaches. My experience in this field starting a little earlier than yours and rooted in operations research, is that people confuse using models to explain the past, and using models as input to processes that aim to change outcomes. A model that has had it's hubcaps polished till they are really shiny may not deliver in producing desired results when it is plugged into the decision / action process. Simulation plays an important part in my view. Many model development methodologies have overlooked this.

12/2/2017
Mile Wilsonn
15/11/2016 · 2 min read · ~100 · 1
To Data Entry and 2 more
Tips for Effective Lease Abstraction

Tips for Effective Lease Abstraction

This article was originally taken from hereLease abstract is the summary of important legal, financial, and business information in the CRE lease. According to the specific needs of client, every abstract varies in terms of length and details....

George Mount
4/7/2016 · 2 min read · +200
To Business Analysis and 2 more
Data Illiterates and the Glenn Gould of Excel

Data Illiterates and the Glenn Gould of Excel

I just finished reading Data Fluency: Empowering Your Organization with Effective Data Communication by Zach and Chris Gemignani.Of all people, this book got me thinking of Glenn Gould. Yes, the eccentric Canadian pianist.You see, Glenn had a...

Anonymous

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8/8/2016
Roland VanDenBerg
3/5/2016 · 2 min read · ~100 · 2
To data analyst and 5 more
The Hidden Treasures of Darkness

The Hidden Treasures of Darkness

      During the span of earthly ventures, the universe was waiting for thee 'drink of immortality.' This nectar was forming within the spherical cosmos and the goddess Hekate was awaiting this amerita from her loyal...

Roland VanDenBerg

Roland VanDenBerg

Thanks for your time Amroussi!

8/5/2016
Roland VanDenBerg

Roland VanDenBerg

Thanks for your time, Javier!

8/5/2016

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