Applying predictive analytics

Marks]

Go to http://analytics-magazine.org/issues/digitaleditions and find the January/February 2012 edition titled “Special Issue: The Future of Healthcare.” Read the article “Predictive Analytics—Saving Lives and Lowering Medical Bills.”

Requirements

a) Answer the following questions:

  1. What problem is being addressed by applying predictive analytics?
  2. What is the FICO Medication Adherence Score?
  3. How is a prediction model trained to predict the FICO Medication Adherence Score HoH? Did the prediction model classify the FICO Medication Adherence Score?
  4. Zoom in on Figure 4 and explain what kind of technique is applied on the generated results.
  5. List some of the actionable decisions that were based on the prediction results