In this third video, Alan shows you how to extract the key findings from a Decision Tree so that they can be used to enhance your understanding and develop scoring processes in operational systems.
This second video concentrates on using Hold-out samples to create more robust predictive models. In essence, using ‘new’ data to test a model’s performance before using in production.
SPSS is a fully customisable analytical software. Due to the highly flexible nature of SPSS there are many different styles, types and terms of SPSS licences catering directly to your analytical requirements, installation environment and usage frequency.
In this video, the first of a series, Alan takes you through running a Decision Tree with SPSS Statistics. Learn what settings to choose and how to interpret the output for this machine learning procedure that helps you to use your data to get better return on investment and focus in on the target groups of most interest to you.
If you have ever found that your company has engaged with Analytics initiatives that have not generated the level of success that was envisaged despite appearing to provide good insights, or that your attempts to start Analytics in your business is falling on deaf ears, then, quite likely, your Analytics initiatives are not properly aligned with your company’s Strategy.
In June 2018, I was invited to speak at the UK Manufacturing and Supply Chain Conference in Coventry on the Subject of MRO Inventory Management. Based on the standing room only, it was obvious from the start that this is a growing pain for organisations, large and small.
I’ve often seen analytics described primarily by way of the technical complexity of the techniques. In this article, I present a better approach than trying to do something technically complicated just because it may (or may not) yield more business value.
Being able to effectively measure a RoI on the back of an Advanced Analytics project is paramount. In other words, any Advanced Analytics project that is not business outcome driven is worthless.
Analytics is being discussed more and more often in top table conversations, but why do so many organisations still struggle to get to grips with it?
A 3 step process to Understand, Assess and Audit your Data for Advanced Analytics.