Who We Are

Econometrics / Data Mining

Decision-Support Systems

Market Research

Completed Projects

Contact Us

Maturana 111 Depto.1304
Telephone Numbers:
(56 2) 26957553
(56 09) 93266139


Smith-Báez Consulting


Econometrics / Data Mining / Predictive Modelling

Econometrics, data mining and predictive modelling are different terms for the same underlying principle: fitting mathematical models to data, and then applying the model to make reasonably reliable predictions in new situations in which there is no data and the outcome is unknown. Examples of applications in economics and business are: predicting macroeconomic trends, estimating market demand, credit-scoring, fraud detection and targeting for marketing campaigns. Clearly such predictions can be extremely valuable for many organizations, and are often critical for the success of the business; such is the case for governments, banks and insurance companies.

We apply econometric and data mining methods in your organization or business, and deliver an application that you can use continually in your business processes.