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Validate ThingWorx Analytics Services related to Confidence Models

abarki
15-Moonstone

Validate ThingWorx Analytics Services related to Confidence Models

The intend of this post.

This post is for the user who want to validate that, the ThingWorx Analytics Services related to Confidence Models work successfully. Underneath video walk through the steps to validate the Services via a non-supported PTC Mashup. The intend of this video is uniquely to validate that, Services related to Confidence Models works successfully. 

What package files are used in the video?

The Mashup entities and dataset used in the video, is attached to this post.

Feel free to download the files and test on your machine.

Why use Confidence Models?

A confidence model is a way of adding confidence interval information to a predictive model. Statistically, for a given prediction, a confidence model provides an interval with upper and lower bounds, within which it is confident, up to a certain level, that the actual value occurs. During predictive scoring, this measure of confidence provides additional information about the accuracy of the prediction.

More information about Confidence Models can be found here at PTC Help Center 

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