Sports analytics is set to become a driving force in the sports industry. Internet of things generates the […]
Two of the many ways descriptive and predictive analytics add value to businesses, is by helping them understand […]
Previously we discussed some of the advantages of support vector machines classification over other methods. We introduced some defining terms […]
A market basket analysis is built using a database that typically consists of a large number of transaction […]
What is Analytics? Analytics is the professional field of discovering insightful relationships amongst data. The insights can be […]
In this article, we briefly describe a 5-step process that will allow anyone to extract a key performance […]
In this previous article we described how to construct basic tools such as the “confusion matrix” and Lift/Gain charts to evaluate […]
The process of developing classification models for business use cases follows a sequence that is represented in this diagram […]
In a previous article we discussed the application of principal component analysis (PCA) using RapidMiner to reduce the dimension of […]
We have written about the importance of calculating customer lifetime value (CLV) as a means to quantify the benefit from […]