Capabilities

Statistical Consulting 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.

Selected Statistical Consulting Solutions

Industry Solution
Market Research / Advertising Analyzed database of survey data to find groups and subgroups most likely to purchase a particular health product. A targeted advertising  campaign was created to market to the favorable groups.
Real Estate Analyzed a real estate database to determine factors affecting rents and property values.
Gaming / Casino Developed optimal playing strategy for Las Vegas card game for casino management group through simulation techniques. All possible scenarios were simulated allowing group to look at extreme win and loss probabilities.
Financial Services / Investment Management 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.
Financial Services / Investment Management 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.
Technology Developed standardized testing templates for demand planning team to test complex functionality designed into planning software resulting in several system alterations that have increased planning accuracy.
Industrial Developed software and procedures for calculating performance metrics and quantifying the competitive environment.

This is just a sample of our capabilities. Please contact Alpha Analysis Consulting with any inquiries.