Emerging Methods in Predictive Analytics: Risk Management and Decision-Making
Author | : Hsu, William H. |
Publisher | : IGI Global |
Total Pages | : 447 |
Release | : 2014-01-31 |
ISBN-10 | : 9781466650640 |
ISBN-13 | : 1466650648 |
Rating | : 4/5 (40 Downloads) |
Book excerpt: Decision making tools are essential for the successful outcome of any organization. Recent advances in predictive analytics have aided in identifying particular points of leverage where critical decisions can be made. Emerging Methods in Predictive Analytics: Risk Management and Decision Making provides an interdisciplinary approach to predictive analytics; bringing together the fields of business, statistics, and information technology for effective decision making. Managers, business professionals, and decision makers in diverse fields will find the applications and cases presented in this text essential in providing new avenues for risk assessment, management, and predicting the future outcomes of their decisions.