Heuristics in analytics a practical perspective of what influences our analytical world

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1. Verfasser: Reis Pinheiro, Carlos Andre (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Hoboken, New Jersey Wiley [2014]
Schriftenreihe:Wiley & SAS business series
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245 1 0 |a Heuristics in analytics  |b a practical perspective of what influences our analytical world  |c Carlos Andre Reis Pinheiro, Fiona McNeill 
264 1 |a Hoboken, New Jersey  |b Wiley  |c [2014] 
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500 |a Includes bibliographical references (pages 209-216) and index 
500 |a Employ heuristic adjustments for truly accurate analysis. Heuristics in Analytics presents an approach to analysis that accounts for the randomness of business and the competitive marketplace, creating a model that more accurately reflects the scenario at hand. With an emphasis on the importance of proper analytical tools, the book describes the analytical process from exploratory analysis through model developments, to deployments and possible outcomes. Beginning with an introduction to heuristic concepts, readers will find heuristics applied to statistics and probability, mathematics, stochastic, and artificial intelligence models, ending with the knowledge applications that solve business problems. Case studies illustrate the everyday application and implication of the techniques presented, while the heuristic approach is integrated into analytical modeling, graph analysis, text analytics, and more.  
500 |a Robust analytics has become crucial in the corporate environment, and randomness plays an enormous role in business and the competitive marketplace. Failing to account for randomness can steer a model in an entirely wrong direction, negatively affecting the final outcome and potentially devastating the bottom line. Heuristics in Analytics describes how the heuristic characteristics of analysis can be overcome with problem design, math and statistics, helping readers to: Realize just how random the world is, and how unplanned events can affect analysis; Integrate heuristic and analytical approaches to modeling and problem solving; Discover how graph analysis is applied in real-world scenarios around the globe; Apply analytical knowledge to customer behavior, insolvency prevention, fraud detection, and more; Understand how text analytics can be applied to increase the business knowledge.  
500 |a Every single factor, no matter how large or how small, must be taken into account when modeling a scenario or event--even the unknowns. The presence or absence of even a single detail can dramatically alter eventual outcomes. From raw data to final report, Heuristics in Analytics contains the information analysts need to improve accuracy, and ultimately, predictive, and descriptive power.-- 
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650 4 |a Decision making / Statistical methods 
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650 4 |a Heuristic algorithms 
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Datensatz im Suchindex

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spelling Reis Pinheiro, Carlos Andre Verfasser aut
Heuristics in analytics a practical perspective of what influences our analytical world Carlos Andre Reis Pinheiro, Fiona McNeill
Hoboken, New Jersey Wiley [2014]
1 Online-Ressource (xxiv, 225 pages)
txt rdacontent
c rdamedia
cr rdacarrier
Wiley & SAS business series
Includes bibliographical references (pages 209-216) and index
Employ heuristic adjustments for truly accurate analysis. Heuristics in Analytics presents an approach to analysis that accounts for the randomness of business and the competitive marketplace, creating a model that more accurately reflects the scenario at hand. With an emphasis on the importance of proper analytical tools, the book describes the analytical process from exploratory analysis through model developments, to deployments and possible outcomes. Beginning with an introduction to heuristic concepts, readers will find heuristics applied to statistics and probability, mathematics, stochastic, and artificial intelligence models, ending with the knowledge applications that solve business problems. Case studies illustrate the everyday application and implication of the techniques presented, while the heuristic approach is integrated into analytical modeling, graph analysis, text analytics, and more.
Robust analytics has become crucial in the corporate environment, and randomness plays an enormous role in business and the competitive marketplace. Failing to account for randomness can steer a model in an entirely wrong direction, negatively affecting the final outcome and potentially devastating the bottom line. Heuristics in Analytics describes how the heuristic characteristics of analysis can be overcome with problem design, math and statistics, helping readers to: Realize just how random the world is, and how unplanned events can affect analysis; Integrate heuristic and analytical approaches to modeling and problem solving; Discover how graph analysis is applied in real-world scenarios around the globe; Apply analytical knowledge to customer behavior, insolvency prevention, fraud detection, and more; Understand how text analytics can be applied to increase the business knowledge.
Every single factor, no matter how large or how small, must be taken into account when modeling a scenario or event--even the unknowns. The presence or absence of even a single detail can dramatically alter eventual outcomes. From raw data to final report, Heuristics in Analytics contains the information analysts need to improve accuracy, and ultimately, predictive, and descriptive power.--
Management / Statistical methods
Decision making / Statistical methods
Business planning / Statistical methods
Heuristic algorithms
System analysis
Electronic books
McNeill, Fiona Sonstige oth
https://onlinelibrary.wiley.com/doi/book/10.1002/9781118434260 Verlag URL des Erstveröffentlichers Volltext
spellingShingle Reis Pinheiro, Carlos Andre
Heuristics in analytics a practical perspective of what influences our analytical world
Management / Statistical methods
Decision making / Statistical methods
Business planning / Statistical methods
Heuristic algorithms
System analysis
title Heuristics in analytics a practical perspective of what influences our analytical world
title_auth Heuristics in analytics a practical perspective of what influences our analytical world
title_exact_search Heuristics in analytics a practical perspective of what influences our analytical world
title_full Heuristics in analytics a practical perspective of what influences our analytical world Carlos Andre Reis Pinheiro, Fiona McNeill
title_fullStr Heuristics in analytics a practical perspective of what influences our analytical world Carlos Andre Reis Pinheiro, Fiona McNeill
title_full_unstemmed Heuristics in analytics a practical perspective of what influences our analytical world Carlos Andre Reis Pinheiro, Fiona McNeill
title_short Heuristics in analytics
title_sort heuristics in analytics a practical perspective of what influences our analytical world
title_sub a practical perspective of what influences our analytical world
topic Management / Statistical methods
Decision making / Statistical methods
Business planning / Statistical methods
Heuristic algorithms
System analysis
topic_facet Management / Statistical methods
Decision making / Statistical methods
Business planning / Statistical methods
Heuristic algorithms
System analysis
url https://onlinelibrary.wiley.com/doi/book/10.1002/9781118434260
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