- A $9B AI Failure, Examined - Dec 7, 2021.
What happened at Zillow? An important real-world lesson in... just because you have a cool AI tool, doesn't mean that alone becomes your business model.
AI, Business Strategy, Predictive Modeling, Production, Project Fail, Real Estate
- How to Evaluate the Performance of Your Machine Learning Model - Sep 3, 2020.
You can train your supervised machine learning models all day long, but unless you evaluate its performance, you can never know if your model is useful. This detailed discussion reviews the various performance metrics you must consider, and offers intuitive explanations for what they mean and how they work.
Accuracy, Confusion Matrix, Machine Learning, Precision, Predictive Modeling, Recall, ROC-AUC
- Evidence Counterfactuals for explaining predictive models on Big Data - May 18, 2020.
Big Data generated by people -- such as, social media posts, mobile phone GPS locations, and browsing history -- provide enormous prediction value for AI systems. However, explaining how these models predict with the data remains challenging. This interesting explanation approach considers how a model would behave if it didn't have the original set of data to work with.
Big Data, Explainability, Predictive Modeling, Predictive Models, Statistics
- Using Confusion Matrices to Quantify the Cost of Being Wrong - Oct 11, 2018.
The terms ‘true condition’ (‘positive outcome’) and ‘predicted condition’ (‘negative outcome’) are used when discussing Confusion Matrices. This means that you need to understand the differences (and eventually the costs associated) with Type I and Type II Errors.
Confusion Matrix, Data Science, Machine Learning, Metrics, Predictive Modeling
- Using Linear Regression for Predictive Modeling in R - Jun 1, 2018.
In this post, we’ll use linear regression to build a model that predicts cherry tree volume from metrics that are much easier for folks who study trees to measure.
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Linear Regression, Predictive Modeling, R
- Time Series for Dummies – The 3 Step Process - Mar 5, 2018.
Time series forecasting is an easy to use, low-cost solution that can provide powerful insights. This post will walk through introduction to three fundamental steps of building a quality model.
Data Science, Deep Learning, Machine Learning, Predictive Modeling, Stationarity, Time Series