-
Recent Posts
Recent Comments
Archives
Categories
Meta
Category Archives: Multiple linear regression
What is Predictive Analytics?
Predictive analytics is a field of business intelligence, statistics and machine learning that has emerged from academia over the last decade or two. It’s become the state-of-the-art method for analysing business data in real-time or otherwise for predictability of commercial … Continue reading
How Does MLR, the Simplest Predictive Analytics Method, Work?
MLR or Multiple Linear Regression, works by optimally combining all the predictor variables into a simple ‘weighted linear combination’. All that means is that we say our prediction (eg the chance a customer is going to switch away from you) … Continue reading
Low-hanging Fruit of Predictive Analytics . . and Then the Rest
Most of the predictive power of predictive analytics comes after the all-important data clean-up and the application of a 1st-year uni stats method: Multiple Linear Regression (MLR). We’ll talk about what that is in another post, but for now, just … Continue reading