Event Time Modeling

Event Time Modeling involves analyzing when specific events happen to understand patterns and relationships over time. It helps in predicting future occurrences, optimizing processes, and making informed decisions by examining the timing, sequence, and duration of events. This approach is used across various fields like finance, healthcare, and logistics to uncover insights from temporal data, ensuring actions are timely and effective. Essentially, it’s a way of organizing and interpreting data based on the timing of events to improve understanding and outcomes.