Recycling old drugs is not new. Clinicians quite often prescribe treatments with drugs that are “off label”, that is, proven for other conditions. Up to one-fifth of all available drugs are prescribed off-label. 350 more words
Tags » Data Mining
Data Science with Python: Exploratory Analysis with Movie-Ratings and Fraud Detection with Credit-Card Transactions
Can you cite an example in real-life where we might have to make use of the median value, instead of the mean?
In most real-life situation, we make use of the mean and average value to predict an unknown variable e.g., in a roll of six dices the likelihood of any number in the dice appearing is 1/6. 528 more words
Predictive analytics, machine learning, and child welfare risk assessment: questions remain about Broward study
On November 30, a major child welfare publication reported on a new study, published in the respected journal Children and Youth Services Review, that tested Broward County, Florida’s child welfare decision-making model against a model that was derived using the new techniques of data mining and supervised machine learning. 1,312 more words
Customer segmentation is the practice of dividing a company’s customers into groups that reflect similarity among customers in each group. The goal of segmenting customers is to decide how to relate to customers in each segment in order to maximize the value of each customer to the business. 768 more words