Dean Abbott

Your “Best” Model May Not Be Good: A Business-centric Model Selection Strategy


Thursday, November 16, 2023


4:00 pm


Saphir 1


Predictive modelers love building lots of models and then selecting the best model to deliver to the stakeholder. Popular metrics for model assessment and selection include R^2 and classification accuracy. Most often, however, the business doesn’t care about these and analysts may miss deploying the best models for the business. In this talk, a methodology for finding business-centric metrics will be explored so that the effectiveness of the models is significantly improved.

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