Capabilities
Alpha Analysis Consulting delivers customized analytical solutions to the business, market research, financial services, healthcare, biotechnology and pharmaceutical industries throughout the United States. We are experts in statistical consulting including predictive modeling and data mining. Our goal is take your raw data and transform it into information to make informed decisions.
Predictive Modeling
Predictive modeling is a process in which a variety of input data such as historical, survey, web, or transactional data is put through a variety of statistical and data mining techniques to make predictions about future events. Predictive modeling can be used to identify and quantify both risk and opportunity. Predictive modeling can be used to optimize marketing campaigns by finding customers that are likely to purchase a product, cross-selling or customer retention purposes.
Data Mining
Data mining is the application of statistical methods to extract implicit, previously unknown, and potentially useful information from data. Advances in computing technology and the ability to create, store, and access increasingly larger volumes of data have created new opportunities for companies to implement predictive strategies. Such methods can be applied to a diverse set of real world problems within most industries. The primary objective of the research may be the prediction of future events or advancement of learning.
Proper Sample Size and Statistical Power
Determining sample size is extremely important in a research study. Samples that are too large can waste time, resources and money while samples that are too small may lead to inaccurate results and low statistical power. A study with low statistical power is not worth undertaking. Alpha Analysis can easily determine the minimum sample size needed to begin a research study or process improvement study, even in extreme cases where data might not be readily available or easy to obtain.
Recent Statistical Consulting Project Profiles
- Analyzed and mined database of survey data to find groups and subgroups most likely to purchase a particular health product. The results were presented to a major advertising agency who created a campaign to market to the favorable groups.
- On behalf of corporate real estate company, analyzed a real estate database to determine factors affecting rents and property values.
- On behalf of Fortune 100 Company, directed and performed data analysis and statistical design. Developed software and procedures for calculating performance metrics and quantifying the competitive environment.
- Developed optimal playing strategy for Las Vegas card game for casino management group through simulation techniques. Many different scenarios were simulated allowing group to look at extreme win and loss probabilities.
- Developed, backtested, and implemented statistical model to predict equity prices in the short term following an earnings release for investment software company and 3500 equity universe.
- Built asset optimizer and risk management tools for Boston based investment management firm. Created international, domestic, and global portfolios with graphics based upon client guidelines on a quarterly basis. This allowed client to focus on research and client services and resulted in a major cost savings.
This is just a sample of our capabilities. Please contact Alpha Analysis Consulting with any inquiries.