TRACER: A Framework for Facilitating Accurate and Interpretable Analytics for High Stakes Applications
Kaiping Zheng, Shaofeng Cai, Horng Ruey Chua, Wei Wang, Kee Yuan Ngiam, Beng Chin Ooi
Abstract
In high stakes applications such as healthcare and finance analytics, the interpretability of predictive models is required and necessary for domain practitioners to trust the predictions. Traditional machine learning models, e.g., logistic regression (LR), are easy to interpret in nature. However, many of these models aggregate timeseries data without considering the temporal correlations and variations. Therefore, their performance cannot match up to recurrent neural network (RNN) based models, which are nonetheless difficult to interpret. In this paper, we propose a general framework TRACER to facilitate accurate and interpretable predictions, with a novel model TITV devised for healthcare analytics and other high stakes applications such as financial investment and risk management. Different from LR and other existing RNN-based models, TITV is designed to capture both the time-invariant and the time-variant feature importance using a feature-wise transformation subnetwork and a self-attention subnetwork, for the feature influence shared over the entire time series and the time-related importance respectively. Healthcare analytics is adopted as a driving use case, and we note that the proposed TRACER is also applicable to other domains, e.g., fintech. We evaluate the accuracy of TRACER extensively in two realworld hospital datasets, and our doctors/clinicians further validate the interpretability of TRACER in both the patient level and the feature level. Besides, TRACER is also validated in a high stakes financial application and a critical temperature forecasting application. The experimental results confirm that TRACER facilitates both accurate and interpretable analytics for high stakes applications.
Ask about this paper
Your agent reads all of it.
Lune indexed this paper to the last equation, along with the top-tier papers that cite it. Ask a question and the answer quotes them.
Cited by top-tier papers9
- Communication-efficient Decentralized Machine Learning over Heterogeneous NetworksPan Zhou, Qian Lin, Dumitrel Loghin, Beng Chin Ooi et al.ICDE 2021 · 73 citations
- Falcon: A Privacy-Preserving and Interpretable Vertical Federated Learning SystemYuncheng Wu, Naili Xing, Gang Chen, Tien Tuan Anh Dinh et al.VLDB 2023 · 47 citations
- ARM-Net: Adaptive Relation Modeling Network for Structured DataShaofeng Cai, Kaiping Zheng, Gang Chen, H. V. Jagadish et al.SIGMOD 2021 · 38 citations
- MLCask: Efficient Management of Component Evolution in Collaborative Data Analytics PipelinesZhaojing Luo, Sai Ho Yeung, Meihui Zhang, Kaiping Zheng et al.ICDE 2021 · 31 citations
- AlphaEvolve: A Learning Framework to Discover Novel Alphas in Quantitative InvestmentCan Cui, Wei Wang, Meihui Zhang, Gang Chen et al.SIGMOD 2021 · 25 citations
Related papers
- Towards Transparent Time Series ForecastingKrzysztof Kacprzyk, Tennison Liu, Mihaela van der SchaarICLR 2024 · 6 citations
- Domain Adaptive Multi-Modality Neural Attention Network for Financial ForecastingDawei Zhou, Lecheng Zheng, Yada Zhu, Jianbo Li et al.WWW 2020 · 51 citations
- Explaining Time Series Predictions with Dynamic MasksJonathan Crabbé, Mihaela van der SchaarICML 2021 · 115 citations
- HiTANet: Hierarchical Time-Aware Attention Networks for Risk Prediction on Electronic Health RecordsJunyu Luo, Muchao Ye, Cao Xiao, Fenglong MaKDD 2020 · 187 citations
- A Closer Look at Transformers for Time Series Forecasting: Understanding Why They Work and Where They StruggleYu Chen, Nathalia Céspedes, Payam M. BarnaghiICML 2025
