WPS Analytics Decision Tree Editor: yet another modelling gem!

Decision trees can be used for predictive modelling and machine learning, however, its other capabilities are less acknowledged! Unlike most machine learning techniques, a decision tree is a fully transparent model and as such can be utilised as a surrogate for complex analytical models such as neural networks. Also, the ability to visualise a decision tree makes it an ideal insight tool, especially for capturing complex interactions.

WPS Analytics WoE Transform Editor: a universal modelling gem

The magic of Weight of Evidence (WoE) transformation. This blog is not a fairy tale, it provides the reality of a robust technique that outperforms many commonly explored techniques. Users are prepared to spend huge amounts of time playing with a handful of techniques but very few can outperform WoE.