Report Portal

Do you trust your Data Mining results?

Data Mining has been built into SQL Server since version 2005 and it’s quite comfortable and wizard-driven to design your mining models. However, Data Mining is not much about the toolkit but more about data preparation and interpreting the results. Without a proper data preparation, the algorithms will fail in really predicting or clustering the data. And the same is true for the interpretation of the results. But before we can start interpreting the data, we have to trust the results. At the design time of each mining model we can use test case holdouts, lift charts and cross validation to see if the model is robust and meaningful. But most of our prediction models try to predict a future behavior based on the knowledge of today and the past. What if there are significant changes in the market that are not already trained into our models? Is our model still correct or are we missing an important variable?

Read more - Part 1...
Read more - Part 2...
Read more - Part 3...

Tags: data mining

 

2007-2015 VidasSoft Systems Inc.