- Modelplotr v1.0 now on CRAN: Visualize the Business Value of your Predictive Models - Jun 21, 2019.
Explaining the business value of your predictive models to your business colleagues is a challenging task. Using Modelplotr, an R package, you can easily create stunning visualizations that clearly communicate the business value of your models.
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- Evaluating the Business Value of Predictive Models in Python and R - Oct 11, 2018.
In these blogs for R and python we explain four valuable evaluation plots to assess the business value of a predictive model. We show how you can easily create these plots and help you to explain your predictive model to non-techies.
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- Lift Analysis – A Data Scientist’s Secret Weapon - Mar 22, 2016.
Gain insight into using lift analysis as a metric for doing data science. Understand how to use it for evaluating the performance and quality of a machine learning model.
- 3 Ways to Test the Accuracy of Your Predictive Models - Feb 8, 2014.
3 different methods for testing accuracy of predictive models from 3 leading analytics experts - Karl Rexer, John Elder, and Dean Abbott explain using lift charts, randomization testing, and bootstrap sampling.