Luxury Down Under
While this volume is complete in itself, it forms a second link in the chain of books issued under the general title, "The Banner Boy Scouts Series." You will, no doubt, be glad to find most of the old favorites on parade once more; and perhaps make the acquaintance of several new characters who figure in these pages. In the preceding volume, "The Banner Boy Scouts; or, The Struggle for Leadership," I endeavored to interest my readers in an account of the numerous trials and adventures that befell Paul and his chums when forming the first Red Fox Patrol. You will remember how the mystery of the disappearing coins continued to puzzle Paul and Jack almost up to the very conclusion of the story. And doubtless you were also ready to admit that, hard pressed by jealous rivals at home, as well as forced to compete with two neighboring troops who longed to possess the prize banner, the Stanhope scouts certainly did have a warm time of it, right up to the close of the tournament.
Within all large consumer facing organizations, most decisions about how to deal with people are made automatically by computerized decision making systems. Information about people, their lifestyle and past behavior are used to predict how they are expected to behave in the future. It can be determined if someone applying for a bank loan will make their repayments, who will respond to a marketing communication and the likelihood that someone will claim on their insurance policy. This book provides a step-by-step guide to how Predictive Analytics is used by some of the world's most influential organizations. This includes international banks, leading insurance providers, credit reference agencies and national governments. It covers all stages of the Predictive Analytics process. This includes project management, data collection, sampling, data transformation and pre-processing, model construction, validation, implementation and post-implementation monitoring of the model's performance.
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