Web analytics award for data crunching
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- Published on Wednesday, 14 December 2011 10:12
Online travel agency Expedia has transformed huge volumes of data into useful insights for decision making. Effectively optimizing online customer experiences and increasing customer lifetime value fuels the company's growth.
Better Healthcare with Predictive Analytics
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- Published on Monday, 05 December 2011 16:00
A new healthcare solution, designed in collaboration with provider organizations, identifies patients at risk of readmission before they leave the hospital, and allows for more tailored care while admitted and post discharge to assure a more successful care outcome.
Greater Use of Predictive Analytics
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- Published on Tuesday, 29 November 2011 15:02
With rising costs, coupled with the impact of the recent disasters in the region, Asia/Pacific manufacturers are expected to continue their focus on efficiencies, and are putting in greater efforts to mitigate supply chain risks.
Predictive Policing in Top 50 Inventions
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- Published on Thursday, 24 November 2011 10:49
Time Magazine picked Santa Cruz's predictive policing model as one of 2011's Top 50 inventions. The magazine said the computer model helps the department get ahead of bad guys.
Disagreement, Uncertainty and the True Predictive Density
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- Published on Friday, 04 November 2011 15:11
In this issue we have Disagreement, Uncertainty and the True Predictive Density, Self-reinforcing feedback loops in a core macro econometric model, Market inefficiency identified by both single and multiple currency trends, Monash Multi-Regional Forecasting Model, and more.
Howto: Forecasting with open source R
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- Published on Monday, 31 October 2011 16:58
Forecasters use all kinds of software to do their job; software that comes integrated with enterprise software, specialised statistical packages, or even Excel. Here is a small instruction how to forecast with the open source statistical environment R.
Four Reasons For Bad Forecasting
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- Published on Friday, 28 October 2011 17:11
Forecasts never seem to be as accurate as we would like them to be or need them to be. Mike Gilliland, the talented forecaster that SAS managed to get hold off, draws the reasons for this.