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While analytics is used for many things from descriptive, monitoring, predictive, diagnostic to prescriptive analytics, for putting Analytics in ?? ??? , the usual objective is monitoring and effective decision making. Monitoring is simple, necessary and effective. Make an investment in monitoring your fitness.
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In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. Business Benefit: Once classes are assigned, the bank will have a loan applicant dataset with each applicant labeled as “likely/unlikely to default. What is Binary Logistic Regression Classification?
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In this article, we will discuss the KNN Classification method of analysis. Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. What is the KNN Classification Algorithm? It is useful for recognizing patterns and for estimating.
In this article, we will discuss the KNN Classification method of analysis. Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. What is the KNN Classification Algorithm? It is useful for recognizing patterns and for estimating.
In this article, we will discuss the Decision Tree analysis method. To access the characteristics of a customer such as his or her purchase frequency, income, age, type of bank account, occupation etc. that leads to purchase of a particular banking product such as installment loan, personal loan, checking account etc.
In this article, we will discuss the Decision Tree analysis method. To access the characteristics of a customer such as his or her purchase frequency, income, age, type of bank account, occupation etc. that leads to purchase of a particular banking product such as installment loan, personal loan, checking account etc.
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This article provides a brief overview of isotonic regression technique. What is Isotonic Regression? Isotonic Regression is a variant of linear regression and allows us to build models in piecewise linear manner i.e., breaking up the problem into few or many linear segments and performing linear interpolation of each function. Use Case – 2.
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This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. Use Case – 2 Business Problem: A bank marketing manager wishes to analyze which products are frequently and sequentially bought together. What is the FP Growth Algorithm?
This article provides a brief explanation of the SVM Classification method of analytics. Business Benefit: Once classes are assigned, the bank will have a loan applicant dataset with each applicant labeled as “likely/unlikely to default”. What is SVM Classification Analysis?
While analytics is used for many things from descriptive, monitoring, predictive, diagnostic to prescriptive analytics, for putting Analytics in हर हाथ , the usual objective is monitoring and effective decision making. Monitoring is simple, necessary and effective. Make an investment in monitoring your fitness.
While analytics is used for many things from descriptive, monitoring, predictive, diagnostic to prescriptive analytics, for putting Analytics in हर हाथ , the usual objective is monitoring and effective decision making. Monitoring is simple, necessary and effective. Make an investment in monitoring your fitness.
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In this article, we discuss the analytical method known as frequent pattern mining, previously known as ‘association’ What is Frequent Pattern Mining? Use Case – 2 Business Problem: A bank-marketing manager wishes to analyze which products are frequently and sequentially bought together.
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This article provides a brief overview of random forest classification technique. Business Benefit: The predictive model will help us identify whether a customer fails to repay the loan depending on certain factors, which would lead to easier identification of risky customers and help the bank avert the risk delinquencies.
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This article explains the Karl Pearson Correlation method of analysis, and how it can be applied in business. Business Problem: A bank wants to find the correlation between income and credit card delinquency rate of credit card holders. What is the Karl Pearson Correlation Analytical Technique?
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