Credit History
The Science Behind Predictive Analytics Methods
Relevance
Using Decision Trees in Business Analytics
Data Risk
Data Filtering
Data Enrichment
Understanding Predictive Algorithms
The Science Behind Predictive Analytics Methods 
Customer Data: Information about customers, including demographics and purchase
history ...of Predictive Analytics Predictive analytics has a wide range of applications across various industries: Finance:
Credit scoring, fraud detection, and risk management
...
Relevance 
By focusing on relevant data, such as transaction
history and customer demographics, they were able to tailor marketing campaigns, resulting in a 15% increase in sales
...Study 2: Financial Services A financial institution used predictive analytics to assess the relevance of customer data in
credit risk assessment
...
Using Decision Trees in Business Analytics 
Credit Scoring Assessing the creditworthiness of loan applicants by analyzing their financial
history ...
Data Risk 
Target Data Breach (2013): Hackers gained access to
credit card information of millions of customers, leading to a loss of consumer trust and financial repercussions
...Yahoo Data Breach (2013-2014): One of the largest data breaches in
history, affecting all 3 billion user accounts and resulting in a substantial decrease in company valuation
...
Data Filtering 
By filtering customer data based on demographics, interests, and purchasing
history, marketers can deliver personalized content and improve engagement rates
...Financial Analysis Financial analysts utilize data filtering to detect fraudulent transactions, assess
credit risks, and evaluate investment opportunities
...
Data Enrichment 
Behavioral Enrichment: Enhancing data with insights into customer behavior, such as purchase
history, online activity, and engagement metrics
...Finance Assessing
credit risk by integrating financial and demographic data
...
Understanding Predictive Algorithms 
Finance
Credit Scoring Assessing the creditworthiness of individuals based on their financial
history ...
Collaborating with Other Producers 
Credit and Ownership: Establishing how credits will be shared and who owns the final product should be discussed upfront to avoid disputes later
...Notable Collaborations in Music
History Many successful tracks and albums have emerged from collaborations between producers
...
Machine Learning 
History The origins of machine learning can be traced back to the mid-20th century
...Fraud detection,
credit scoring, and customer churn prediction
...
Data Enrichment 
Linking purchase
history with customer preferences
...Finance: Improving
credit scoring and risk assessment through enriched financial data
...
Mit guten Ideen nebenberuflich selbstständig machen
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...