Predictive Modeling
In 2010, Jones and his team of researchers published a paper describing a virtual tool to predict infertile women's chances of taking home a healthy baby, to an accuracy of 80%. Whereas previously researchers could only provide chances of pregnancy, this take-home baby calculator presents results in terms of a healthy baby who survives 27 days of life. By creating this software, Jones essentially created a novel business model, namely the translation of esoteric population-based data into meaningful recommendations to individual, data-savvy beneficiaries.
Read more about this topic: Christopher Jones (biologist)
Famous quotes containing the word modeling:
“The computer takes up where psychoanalysis left off. It takes the ideas of a decentered self and makes it more concrete by modeling mind as a multiprocessing machine.”
—Sherry Turkle (b. 1948)