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Predictive models that are developed in a regulated industry or a regulated application, like determination of credit worthiness, must be interpretable and rational (e.g., meaningful improvements in basic credit behavior must result in…

Machine Learning · Statistics 2018-06-13 Bob Vanderheyden , Jennifer Priestley

Successful data-driven science requires complex data engineering pipelines to clean, transform, and alter data in preparation for machine learning, and robust results can only be achieved when each step in the pipeline can be justified, and…

Databases · Computer Science 2024-04-08 Adriane Chapman , Luca Lauro , Paolo Missier , Riccardo Torlone

When training predictive models on data with missing entries, the most widely used and versatile approach is a pipeline technique where we first impute missing entries and then compute predictions. In this paper, we view prediction with…

Machine Learning · Computer Science 2025-02-25 Dimitris Bertsimas , Arthur Delarue , Jean Pauphilet

Machine learning (ML) is now commonplace, powering data-driven applications in various organizations. Unlike the traditional perception of ML in research, ML production pipelines are complex, with many interlocking analytical components…

Databases · Computer Science 2021-03-31 Doris Xin , Hui Miao , Aditya Parameswaran , Neoklis Polyzotis

Accurate and fast demand forecast is one of the hot topics in supply chain for enabling the precise execution of the corresponding downstream processes (inbound and outbound planning, inventory placement, network planning, etc). We develop…

Predictive Process Analytics is becoming an essential aid for organizations, providing online operational support of their processes. However, process stakeholders need to be provided with an explanation of the reasons why a given process…

Probabilistic forecasts are essential for various downstream applications such as business development, traffic planning, and electrical grid balancing. Many of these probabilistic forecasts are performed on time series data that contain…

Machine Learning · Computer Science 2023-02-07 Benedikt Heidrich , Kaleb Phipps , Oliver Neumann , Marian Turowski , Ralf Mikut , Veit Hagenmeyer

The astounding success of these methods has made it imperative to obtain more explainable and trustworthy estimates from these models. In hydrology, basin characteristics can be noisy or missing, impacting streamflow prediction. For solving…

Machine learning (ML) pipeline composition and optimisation have been studied to seek multi-stage ML models, i.e. preprocessor-inclusive, that are both valid and well-performing. These processes typically require the design and traversal of…

Machine Learning · Computer Science 2021-05-04 Tien-Dung Nguyen , David Jacob Kedziora , Katarzyna Musial , Bogdan Gabrys

We present a deep transformation model for probabilistic regression. Deep learning is known for outstandingly accurate predictions on complex data but in regression tasks, it is predominantly used to just predict a single number. This…

Machine Learning · Statistics 2020-04-02 Beate Sick , Torsten Hothorn , Oliver Dürr

Machine learning (ML) provides powerful tools for predictive modeling. ML's popularity stems from the promise of sample-level prediction with applications across a variety of fields from physics and marketing to healthcare. However, if not…

In order to achieve state-of-the-art performance, modern machine learning techniques require careful data pre-processing and hyperparameter tuning. Moreover, given the ever increasing number of machine learning models being developed, model…

Machine Learning · Statistics 2018-05-03 Nicolo Fusi , Rishit Sheth , Huseyn Melih Elibol

The vast advances in Machine Learning over the last ten years have been powered by the availability of suitably prepared data for training purposes. The future of ML-enabled enterprise hinges on data. As such, there is already a vibrant…

Databases · Computer Science 2021-06-02 Yifan Li , Xiaohui Yu , Nick Koudas

Time series forecasting is fundamental for various use cases in different domains such as energy systems and economics. Creating a forecasting model for a specific use case requires an iterative and complex design process. The typical…

Machine Learning · Computer Science 2022-08-11 Stefan Meisenbacher , Marian Turowski , Kaleb Phipps , Martin Rätz , Dirk Müller , Veit Hagenmeyer , Ralf Mikut

Big data presents potential but unresolved value as a source for analysis and inference. However,selection bias, present in many of these datasets, needs to be accounted for so that appropriate inferences can be made on the target…

Methodology · Statistics 2025-01-09 Lyndon Ang , Robert Clark , Bronwyn Loong , Anders Holmberg

Demand forecasting is a central component of the replenishment process for retailers, as it provides crucial input for subsequent decision making like ordering processes. In contrast to point estimates, such as the conditional mean of the…

Machine Learning · Computer Science 2021-07-23 F. Wick , U. Kerzel , M. Hahn , M. Wolf , T. Singhal , D. Stemmer , J. Ernst , M. Feindt

Sponsored search is an important monetization channel for search engines, in which an auction mechanism is used to select the ads shown to users and determine the prices charged from advertisers. There have been several pieces of work in…

Computer Science and Game Theory · Computer Science 2014-06-05 Di He , Wei Chen , Liwei Wang , Tie-Yan Liu

B2B sales requires effective prediction of customer growth, identification of upsell potential, and mitigation of churn risks. LinkedIn sales representatives traditionally relied on intuition and fragmented data signals to assess customer…

Artificial Intelligence · Computer Science 2023-06-14 Suvendu Jena , Jilei Yang , Fangfang Tan

Selective Prediction is the task of rejecting inputs a model would predict incorrectly on. This involves a trade-off between input space coverage (how many data points are accepted) and model utility (how good is the performance on accepted…

Understanding prospective clients becomes increasingly important as companies aim to enlarge their market bases. Traditional approaches typically treat each client in isolation, either studying its interactions or similarities with existing…

Social and Information Networks · Computer Science 2020-07-10 Massimiliano Mattetti , Akihiro Kishimoto , Adi Botea , Elizabeth Daly , Inge Vejsbjerg , Bei Chen , Öznur Alkan