This rubric covers the use of statistical tools working on large datasets to create models and derive inferences, as well as coverage of the field in its entirety. This differs from machine learning primarily in that the latter focuses on functional gradient analysis or neural networks (kernels) to derive models.
Correlation Analysis The relationship between two or more random variables are generally defined as the correlation. It is the major part of bivariate analysis. When variables are found… Read More »Correlation Analysis definition, formula and step by step procedure
To zoom in on any picture, click on the image to get a higher resolution. Figure 1: The pillow basins (see section 3) The topic… Read More »Beautiful Mathematical Images
Time has always been a crucial factor when we record or collect data. And in time series analysis, time is a vital variable of the… Read More »The Complete Guide to Time Series Analysis
Statistics comes in two flavors: Bayesian and Frequentist, Both methods have their opponents and proponents, You should learn both to enhance your modeling. In statistical… Read More »Why You Need to Learn Bayesian AND Frequentist Statistics
Big data, a term that describes a huge volume of data that inundates businesses on a daily basis, has transformed many processes in numerous different… Read More »Why You Should Use Big Data Analytics in Recruitment
The main topic of the article is about backcasting a time series The article is explaining the mathematical structure and making a case study based… Read More »Backcast a Time Series for COVID-19 Truths
There was a time when businesses had to give index cards and other similar cards for their customers to fill as a survey. This was… Read More »How Big Data And AI Are Changing Email Marketing
Judea Pearl (left) and Donald Rubin (right). The 2 fathers of PO. (Photo shot in 2014 and pilfered by me from “The Book of Why”,… Read More »New chapter on (in) Rubin’s Theory of Potential Outcomes
A negative Covid-19 test result had very little meaning in 2020. A new tool allows you to better interpret the meaning of a negative test… Read More »Clearing up the Covid-19 Test Accuracy Debate with Data Science
Embedded analytics allow users to integrate business intelligence and its processes into another software application. Embedded real-time reports and dashboards allow end customers to cheque… Read More »Discover Data Trends with Embedded Analytics and Business Intelligence
