Tag Archives: predictive model

Trusting predictive analytics

Most likely, the last time you purchased something online you were offered “recommendations” or saw what “others also liked.” The technology behind these common prompts uses predictive analytics. Your online merchant is leveraging data about your shopping and online searching behavior to predict their desired outcome — that you might buy something else! As we […]
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Better predictive modeling requires bigger, more varied, higher quality data sets

In a previous blog about predictive analytics, we discussed how comprehensive health care data is necessary for a high degree of prediction. In this post, we’ll discuss the variables that increase predictive accuracy. The larger the better. As the sample size of a predictive model grows, the model’s uncertainty level and degree of bias decreases. […]
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