Tag: regression models
Predictive Analytics in the world of big data with application for targeting decisions
Predictive Analytics (PA) models are an increasingly important method for predicting future events in big data applications based on past observations for which the response values are known. One of the most popular applications is targeting decisions, which is commonly used in many domains, such as marketing and banking. The leading prediction models still belong to the realm of regression. […]
Regression models using parametric pseudo-observations
The statistical analysis of survival data is the focus of research being carried out by Martin Nygård Johansen, a biostatistician at Aalborg University Hospital, Denmark, and his colleagues. Some patients’ actual survival times are not observed during a clinical study and are said to be censored. This research offers a new way to transform such time-to-event data into a dataset without censoring. […]
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