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All Blog Posts Tagged '#datamining' (3)

The Homogeneity and Location Index: An open-source Statistical Framework for the classification of ordinal categorical data

The analysis and classification of ordinal categorical data are central in most scientific domains and ubiquitous in governments and businesses.

Examples of ordinal data are either found in questionnaires for measuring opinions or self-reported health status. A well-known example of ordinal data is the Likert Scale [1]

(DISLIKE = 1, DISLIKE SOMEWHAT…

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Added by Ludovico Pinzari on June 1, 2019 at 3:35pm — No Comments

The Three Pillars of Insurance Analytics

Understanding the Role of Analytics in Insurance Industry

The insurance industry is all about assessing risk and managing the same successfully. Life insurance industry operates intrinsically by balancing risk assessment and risk management. Compiled with a large volume of data the insurance industry operates with, arriving at meaningful…

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Added by Eddie Soong on July 15, 2015 at 5:53am — No Comments

PMML - A good citizen of the Analytics Ecosystem

As a data science professional how would you respond to the question, “How familiar are you with PMML?”

Your choices are:

-        “I have no idea what PMML is”

-        “I have heard and read about PMML”

-        “I have played around with PMML”

-        “I have used PMML in my projects”

I have seen many responses to the question and the most popular one was “I have no idea what PMML is”.

Is this surprising? I guess, if we look at the…

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Added by Eddie Soong on July 14, 2015 at 11:01am — No Comments

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