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Insurance risk assessment using Predictive Analytics

Risk management processes form an integral part of the insurance industry. Insurers consider every available quantifiable factor to develop profiles of high and low insurance risk for their prospective policyholders. Level of risk determines the insurance premiums of these policies. To this end, insurers collect a vast amount of information about policyholders and insured objects. …

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A/B testing in the absence of a control group

One of the major challenges in analytics is predicting the impact of introducing a change to the subject under analysis. The effect is generally measured using a method known as A/B testing or splitrun testing. This method compares two versions of a single variable and typically tests a subject’s response to variable A against variable …

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Effective visual communication of data via the digital dashboard

Effective visual communication of data via the digital dashboard

When it comes to data collection in today’s digital era, the sheer volume of available data is staggering. Can the average business do anything with this volume of data? To be successful, you have to pay attention to the available data and see how you can extract the most out of it. But how? Data …

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Analytics Then Now How the analytics industry has evolved

Analytics – Then & Now! How the analytics industry has evolved

Almost to the day, 10 years ago, on a summer afternoon, I recall an interesting conversation with a friend about the potential of analytics, in an empty coffee shop on the beach. Having spent much of the previous decade helping clients derive value from traditional Business Intelligence and other IT implementations, we were conjecturing that …

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5 data analytics trends that will make waves in 2014

5 data analytics trends that will make waves in 2014

What trends should data analysts be paying attention to this year? From mobile and cloud to visualization and the Internet of things, Venkat Viswanathan, Founder and Chairman at LatentView gives TDWI his list of the five most important movements to watch. Now that we’re in the swing of a new year, we’ve taken stock of …

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