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.
Prescriptive analytics is the most sophisticated type of business analytics and can bring the greatest intelligence and value to businesses. It aims at suggesting (prescribing)… Read More »How Prescriptive Analytics Is Changing The Face Of Every industry?
I originally introduced the idea of social teratogenesis to Data Science Central in relation to the employees of a company. I will be taking this… Read More »Metrics of Social Teratogenesis
I have included a lot of Excel spreadsheets in the numerous articles and books that I have written in the last 10 years, based either… Read More »Amazing Things You Did Not Know You Could Do in Excel
Announcements Watch APEXX W3: The Data Science Workstation, and learn how an NVIDIA-certified BOXX workstation can accelerate your workflow. Access video here. Use real-time anomaly… Read More »All-purpose, Robust, Fast, Simple Non-linear Regression
Data analysis is fraught with pitfalls, including too-small sample sizes. Bias can creep into the most well-intentioned of studies, Tips to avoid bias and choose… Read More »Common Statistical Errors
Data Scientists Focus On Strategy, Citizen Data Scientists Deliver Daily! When Gartner talks about expanding data analytics to business users, they also talk about how… Read More »Do Citizen Data Scientists Need Special Analytics Tools?
Click on the link below SAS Custom Macros That Make Feature Engineering Easy for Data Scien…
Data science is the most advanced transformative tool currently available among business owners. No wonder organizations are increasingly moving toward data-driven decision making. According to… Read More »The Role of Data Science Initiative in Transforming the Industry
Power BI has risen as the pioneer in business investigation. Today, there is a lot of interest in Power BI. Career opportunities in business intelligence… Read More »How to Job in Power BI in 2021?
Bootstrap aggregating (bagging), is a very useful averaging method to improve accuracy and avoids overfitting, in modeling the time series. It also helps stability so… Read More »Bootstrapping Time Series for Gold Rush
