The Power of Decisions: Analytical Decision Management

A great way to explain the analytics maturity and value curve is to use the idea of descriptive, predictive, and prescriptive analytics. But how does one go from just predictive into the realm of prescriptive analytics? What’s the secret to success at that level? That’s where IBM Analytical Decision Management comes into play.  Continue reading The Power of Decisions: Analytical Decision Management

Generalized Linear Engine and Linear AS

Today I'm going to introduce two new algorithms of IBM SPSS Modeler 17.1: Generalized Linear Engine (GLE) and Linear-AS. GLE provides a variety of statistical models such as linear regression for normally distributed responses, logistic models for binary data, log linear models for count data any many more through its very general model formulation....  Continue reading Generalized Linear Engine and Linear AS