
Predictive Analytics

Astronomers are building a new array of radio telescopes that will generate an exabyte of data per day (an exabyte is a quintillion bytes; a byte is a single value, an integer between 0 and 255, often representing a single letter, digit, or punctuation mark).
Eric Siegel • Predictive Analytics
Therefore, influence cannot be observed. We can never witness an individual case of persuasion with complete certainty. How then could we ever predict it?
Eric Siegel • Predictive Analytics
employing analytical methods to predict treatment impact (i.e., medical influence) similar to the uplift modeling techniques used for marketing treatment decisions.
Eric Siegel • Predictive Analytics
Must souping up model precision involve overwhelming complexity, or is there an elegant way to build and scale?
Eric Siegel • Predictive Analytics
Beyond predicting departure, must a company secondarily predict how customers will respond when contacted? Must
Eric Siegel • Predictive Analytics
Their PA projects include customer loss prediction, sales lead scoring, and supplier fraud detection.
Eric Siegel • Predictive Analytics
Knowing who your “good” customers are—the ones who will buy more—may be nice to know, but it takes second place.
Eric Siegel • Predictive Analytics
influence takes place across a group, but ascertain nothing about any one individual, so the choice of message still cannot be individually chosen
Eric Siegel • Predictive Analytics
Among the competing approaches to machine learning, decision trees are often considered the most user friendly, since they consist of rules you can read like a long (if cumbersome) English sentence, while other methods are more mathy, taking the variables and plugging them into equations.