Making better predictive models quickly with JMP

There are many ways of generating a model such as basic linear regression, decision trees, neural nets, and generalized linear models. JMP Pro can be a great tool for data miners, those who want to get more information out of their data and build more accurate predictive models. It incorporates [...]

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Predictive modelling captures imagination of analytical community in UK

We are holding a seminar on how to build better statistical models on Thursday 10 May, and the number of people who have registered is unprecedented. More than 100 people are planning to attend from a vast array of analytical functions, including banking and insurance, R&D and manufacturing, marketing and [...]

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Visual analytics and design of experiments for the petroleum industry

I am excited that JMP is going to the Society of Petroleum Engineers ATCE conference for the fourth time in five years. For the past 87 years, ATCE has been the leading technical conference in the Exploration and Production area of the oil and gas industry. JMP is so flexible [...]

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A process for statistical discovery with JMP

When working with users new to JMP, I find it helpful to have a simple process to guide statistical discovery. We statisticians could debate the process of statistical discovery for a long time, but I find the process presented in Figure 1 works for most situations. Assuming we have already [...]

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Sampling data to build, validate and test predictive models when target event occurs infrequently

When building models to predict a binary outcome variable, such as respond or not respond, the proportion in the desired category (respond) may be low. For example, in direct mail campaigns the response rate is often 1% or lower. In such cases, a predictive model is likely to learn how [...]

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Watch on demand: Analytic Center of Excellence webcast

If you missed my live SAS TALKS webinar on June 23 titled Consider an Analytic Center of Excellence (and Other Ways to Create More Analytic Bandwidth), you can now watch it on demand. In addition, the slides I presented are now available to any who are interested in Analytic Centers [...]

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Eye Candy for Analysts

May 12 is becoming the annual event for data visualisation, with world-renowned visualisation guru Stephen Few presenting in London on that day for the second year running. It was perfect timing for him to visit the UK, the home of David McCandless, following Stephen’s recent blog post that has rocked [...]

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Data Mining Poll Data Over the Years

The editor of the KD Nuggets newsletter, Gregory Piatetsky-Shapiro, Ph.D., has attracted quite a number of subscribers over the years with a variety of interesting news items, polls and topics. It’s hard to believe he is now posting the 12th annual poll on Data Mining / Analytic Tools Used. Despite [...]

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Using Geographic and Custom Maps: Videos and Answers

JMP Product Manager Jeff Perkinson presented the April 14 Mastering JMP session, Using Geographic and Custom Maps. I divided his demo into three parts for you to watch at your leisure. By default, JMP installs map files in a Maps directory. Each map consists of two JMP data files with [...]

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First Day at Predictive Analytics World in San Francisco

Wow! Attendance is up to more than 500 at Predictive Analytics World (PAW) — and Predictive Analytics Summit, a new predictive analytics conference, was just held in San Diego a few weeks ago. Such growing interest in predictive analytics (a topic that is really all about value creation) is great [...]

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