Tag: Lift charts (3)

• 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.

  Pages: 1 2

  Tags: Business Value, Data Visualization, Lift charts, Predictive Models, Python, R

• 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.

  Tags: Data Science, Lift charts, Metrics

• 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.

  Tags: Bootstrap sampling, Dean Abbott, Decile tables, John Elder, Karl Rexer, Lift charts, Predictive Models, Randomization, Target shuffling