- 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
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