15.071 | Spring 2017 | Graduate

The Analytics Edge

4.3 Keeping an Eye on Healthcare Costs: The D2Hawkeye Story

4.3 Keeping an Eye on Healthcare Costs: The D2Hawkeye Story

Quick Question

In what ways do you think an analytics approach to predicting healthcare cost will improve upon the previous approach of human judgment? Select all that apply.

 
 
 

Explanation All of the above are correct. There are many advantages to having an analytics approach to predict cost. However, it is important that the models are interpretable, so trees are a great model to use in this situation.

Continue: Video 2: Claims Data

Course Info

As Taught In
Spring 2017
Level
Learning Resource Types
Lecture Videos
Lecture Notes
Problem Sets with Solutions