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DTSTAMP:20240502T040518Z
SUMMARY:Dr. Matthew Schneider\, Assistant Professor at Drexel University
DESCRIPTION: \n\nTitle: The Effects of Data Protection on Forecasting Model
 s\n\nAbstract: Data protection regulations will have profound effects on\n
 the usability and quality of personal data worldwide. Consequently\,\nthe 
 practice of forecasting will be negatively impacted due to\npotential alte
 rations in these data. To measure the severity of this\nproblem\, we quant
 ified reduction in forecast accuracy by fitting\nforecasting models using 
 a variety of protected data. Results revealed\nthat it is possible to miti
 gate loss of forecast accuracy by using\ndata-driven protection methods th
 at do not rely solely on strict\nlegislative rules. We also show that vari
 ous forms of data protection\nsuch as Aggregation can mislead a forecaster
  with overconfidence in\nthe quality of their forecasts. Finally\, underst
 anding and\nappropriately measuring the privacy of time series data is key
  given\nthe operational requirements of forecasting. A k-nearest time seri
 es\nswapping approach maintains the structure of the time series and\nperf
 orms well when balancing data privacy with forecast accuracy.\n\nWith an e
 xtensive background in data protection and privacy\, Dr.\nSchneider will p
 resent his research on the effects on data protection\non forecasting mode
 ls. He will discuss upcoming data privacy\nlegislation and innovative solu
 tions for business to maintain the\nvalue of their analytics processes whi
 le protecting the privacy of\ntheir consumers. Joining this presentation w
 ill be Neha Khanna\, an MS\nBusiness Analytics student at Drexel Universit
 y who served as a\nresearch assistant on this project. Neha spent the summ
 er with\nCompassRed as an intern and data scientist. She will demonstrate 
 how\nthe unique combination of academic research and work experience added
 \nvalue to her studies at Drexel University.\n 
DTSTART:20191004T173000Z
DTEND:20191004T190000Z
LOCATION:Gerri C. LeBow Hall\, 3220 Market Street\, 409\, Philadelphia\, PA
  19104
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