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Productive uses for AI are closer at hand than ever due to the rise of AutoML. Beginning in 2019, advancements in AI have replaced obstacles with tools to benefit from its power. Foremost among them is Automated Machine Learning (AutoML), which does

Follow the money to see why marketing and sales are the most common applications for AI. Instant PaybackSmall improvements in marketing and sales can produce large returns quickly. Think of the impact of gaining a few percentage points on lead conversions,

Statistics and machine learning differ in method and purpose. Which is superior depends upon your goals. Statistics is a subset of mathematics that interprets relationships among variables in data sets. Statisticians make inferences and estimate values based solely on data collected

How Important Is Explainability? Understanding the inner workings of ML algorithms may distract from realizing benefits from good predictions. Explainability Explained With the rise of artificial intelligence has come skepticism. Mysteries of how AI works make questioning the “black box”

What Is A Confusion Matrix? The most aptly named AI term is actually simple. A Confusion Matrix is a table that shows how often an AI classifier gets confused predicting true and false conditions. Here is a simple example of

What Is Overfitting? Telltale Super-Accuracy on Training Data When machine learning models show exceptional accuracy on training data sets, but perform poorly on new, unseen data, they are guilty of overfitting. Overfitting happens when models “learn” from noise in data

Factoring and Time Series How date and time features are important in models. Many data sets contain date-time fields which we hope will provide predictive value in our models. But date-time fields in the form of MM-DD-YYY HH:SS are essentially unique

What Is Feature Engineering? Data sets can be made more predictive with a little help. “Features” are the properties or characteristics of something you want to predict. Machine learning predictions can often be improved by “engineering”— adjusting features that are