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Eddie Soong's Blog – June 2015 Archive (3)

How to score data in Hadoop/Hive in a flash

Reference to Hadoop implies huge amount of data. The intend of the data is of course to derive insights that will help businesses stay competitive. "Scoring" the data is a common exercise in determining e.g. customer churn, fraud detection, risk mitigation, etc... It is one of the slowest analytics activities and especially when very large data set is involved. There are various fast scoring products in the market but they are very specialized and/or are provided by one vendor, usually…

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Added by Eddie Soong on June 29, 2015 at 9:10pm — 1 Comment

Statistical Modeling steps

I'm a visual kind of guy. You've probably read various descriptions of the steps involved in building a statistical model. Here is a graphical version which I like. Hope you will enjoy it too. Courtesy of my friends at www.aureusanalytics.com, a big data analytics platform and solution company for Banking and Insurance.…

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Added by Eddie Soong on June 29, 2015 at 8:03pm — No Comments

How to choose a statistical model

This post was originally published by my partner, Aureus Analytics, a specialist in Insurance Analytics. It is a very interesting illustration of how one would choose a statistical model. I thought you may find it just as interesting and it may help those who are new to analytics. …

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Added by Eddie Soong on June 23, 2015 at 4:24am — 5 Comments

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