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Data Collection for Machine Learning: Steps, Methods, and Best Practices

AltexSoft

While today’s world abounds with data, gathering valuable information presents a lot of organizational and technical challenges, which we are going to address in this article. We’ll particularly explore data collection approaches and tools for analytics and machine learning projects. What is data collection?

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Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

AltexSoft

How many days will a particular person spend in a hospital? This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. In the US, the duration of hospitalization changed from an average of 20.5 Source: OECD Data. Here is a ?ouple

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Machine Learning Metrics: How to Measure the Performance of a Machine Learning Model

AltexSoft

Choosing the machine learning path when developing your software is half the success. Yes, it brings automation, so widely discussed machine intelligence, and other awesome perks. So, how would you measure the success of a machine learning model? So, how would you measure the success of a machine learning model?

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Medical Datasets for Machine Learning: Aims, Types and Common Use Cases

AltexSoft

Everyday the global healthcare system generates tons of medical data that — at least, theoretically — could be used for machine learning purposes. Regardless of industry, data is considered a valuable resource that helps companies outperform their rivals, and healthcare is not an exception. Medical data labeling.

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Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI

AltexSoft

Navigating the increasingly competitive hospitality sector landscape demands a thorough grasp of the vital performance indicators that display profitability. We also investigate predicting ADR through machine learning and strategies to enhance this KPI. ADR , in the hospitality industry, stands for the average daily rate.

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Occupancy Rate Prediction: Building an ML Module to Analyze One of the Main Hospitality KPIs

AltexSoft

Read on to find out what occupancy prediction is, why it’s so important for the hospitality industry, and what we learned from our experience building an occupancy rate prediction module for Key Data Dashboard — a US-based business intelligence company that provides performance data insights for small and medium-sized vacation rentals.

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Top 10 Benefits of Big Data

Knowledge Hut

Big data can be summed up as a sizable data collection comprising a variety of informational sets. It is a vast and intricate data set. Big data has been a concept for some time, but it has only just begun to change the corporate sector. Fewer hospital stays, also aids patients in lowering healthcare costs.