I am compiling a list of leading data providers. This is the current list. If your favorite data providers are not included here and you feel they should be, please contact me at firstname.lastname@example.org. Thanks. Dr. Zhou.
Wednesday, February 13, 2013
Abraham Lincoln and Predictive Modeling Project
Abraham Lincoln said, "If I had six hours to chop down a tree, I'd spend the first four hours sharpening the axe". The same principle can be applied to a predictive modeling project. From the discussion in previous posts, we can see that most of the time are not spent on building model itself. Thus we may say, "If I had ten days to build a predictive model, I'd spend the first seven days understanding data and building feature variables that are truly relevant to the target variable".