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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

They trade the markets using quantitative models based on non-financial theories such as information theory, data science, and machine learning. Whether financial models are based on academic theories or empirical data mining strategies, they are all subject to the trinity of modeling errors explained below. Not even close.

Modeling 204
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eCommerce Companies Use AI to Ensure their Sites Are ADA Compliant

Smart Data Collective

However, we have witnessed a significant uptick in ADA cases being filed against website owners since 2017. between Q1 of 2017 and Q1 of 2018. You will be able to use AI to learn more about different groups by data mining public records and tailoring your message to them. That’s a lot of cash!

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5 Ingenious Ways To Use Big Data For Customer Engagement

Smart Data Collective

Every business should look for ways to monetize big data and use it to optimize your business model. The number of companies using big data is growing at an accelerated rate. One poll found that 53% of businesses were using big data analytics in 2017. However, companies need to use big data wisely.

Big Data 142
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What is NLP? Natural language processing explained

CIO Business Intelligence

Licensed by MIT, SpaCy was made with high-level data science in mind and allows deep data mining. SpaCy , an open-source library for advanced natural language processing explicitly designed for production use rather than research. Amazon Comprehend. This Amazon service doesn’t require ML experience.

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Transforming Credit and Collection with Predictive Analytics

BizAcuity

is delinquent as of June 30th, 2017. With Big Data, it is possible to acquire and segregate data with laser sharp focus with respect to one singular debtor. By clubbing various techniques like data mining, machine learning, artificial intelligence and statistical modelling, it makes predictions about events in the future.

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Topgolf Callaway tees up digital transformation for global expansion

CIO Business Intelligence

Driving digital transformation Topgolf is just the latest in a string of acquisitions by Callaway, including fashion brand TravisMathew and OGIO International (a maker of golf bags, backpacks, and travel luggage) in 2017, and Jack Wolfskin (an outdoor apparel, footwear, and equipment company) in 2018.

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ML internals: Synthetic Minority Oversampling (SMOTE) Technique

Domino Data Lab

note that this variant “performs worse than plain under-sampling based on AUC” when tested on the Adult dataset (Dua & Graff, 2017). Data mining for direct marketing: Problems and solutions. Proceedings of the Fourth International Conference on Knowledge Discovery and Data Mining, 73–79. link] Fisher, R.