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Mike Laracy
  • North Conway, NH
  • United States
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I agree with Jozo. If historically your response rate is relatively low, you can get away with creating your dataset using the known responders (and they are obviously the 'ones' in terms of the Y, and using everyone else as the zeros. The reason th…
November 24, 2009
Yi-Chun, It's less a matter of what technique to use and more a matter of what data you have available to build the model. What historical data do you have on your customers (i.e. -credit/default history, demographic, financial and credit data).
November 4, 2009
Great points Biswajit. The more information, the better. The only problem with some of the variables (wearing shoes etc...), is that you might have that information from accident reports in some cases, but even if you had that information for a acci…
September 16, 2009
I agree with you Steffen that there are still cars that are more safe and less safe than other cars due to their technical capabilities. Vincent was trying to explore whether there might be other influencing factors, aside from the car's technical s…
September 16, 2009
Good points Matt. If a difference in a statistic between two groups is found to be “statistically significant’ it simply means that based on sample size, variation, and the value of the measured statistic, the difference you have seen is not likely…
September 9, 2009

Profile Information

Short Bio:
Founder and President - Rapid Insight Inc.
My Website:
http://www.rapidinsightinc.com
Field of Expertise:
Data Mining, Marketing Databases, Statistical Consulting
Years of Experience in Analytical Role:
16
Professional Status:
C-Level
Interests:
Networking, Recruiting
Your Company:
Rapid Insight Inc.
Industry:
Software
How did you find out about AnalyticBridge?
Associate

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At 7:42am on November 24, 2009, Yi-Chun Tsai said…
Thanks Mike for adding me as your friend!
 
 

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