Inference vs Prediction in One Picture
Inference and prediction are two often confused terms, perhaps in part because they are not mutually exclusive. Both provide pieces of the “What is data… Read More »Inference vs Prediction in One Picture
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Data Science
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.
Data Science is Changing the World for the Better: Here’s How
Data science, by definition, is an interdisciplinary field which makes use of scientific processes, methods, systems, and algorithms for extracting insights and knowledge from multiple… Read More »Data Science is Changing the World for the Better: Here’s How
Simple Trick to Dramatically Improve Speed of Convergence
We discuss a simple trick to significantly accelerate the convergence of an algorithm when the error term decreases in absolute value over successive iterations, with… Read More »Simple Trick to Dramatically Improve Speed of Convergence
How to remove duplicates in large datasets
This article was written by Suresh Kondamudi. Dealing with large datasets is often daunting. With limited computing resources, particularly memory, it can be challenging to… Read More »How to remove duplicates in large datasets
Can crime be predicted ? Does crime follow a natural rate?
Preface : Violence is a social phenomenon and has a central role to play in assessing societal developments. Does the trend of subcategories of crime… Read More »Can crime be predicted ? Does crime follow a natural rate?
Business Analytics VS Data Science
We will talk about two chief technologies that deal with data namely Business Analytics and Data Science. The latter is specific to customer choice, geographical… Read More »Business Analytics VS Data Science
Building Up Stable Data Science Teams
Most of the big organizations are struggling with AI transformation. Data science projects are either taking too long to complete or would never get into… Read More »Building Up Stable Data Science Teams
COVID-19 Social Distancing Has Mitigated 2020 Flu Season
by Mike Thurber, Principal Scientist, Elder Research Three weeks ago, our Brief Is the Spread of the COVID-19 Coronavirus Being Slowed looked at the impact… Read More »COVID-19 Social Distancing Has Mitigated 2020 Flu Season
COVID-19 Asymptomatic Rates and Implications
by Mike Thurber, Principal Scientist, Elder Research A key issue for COVID-19 response policies moving forward is the asymptomatic rate – people who have the… Read More »COVID-19 Asymptomatic Rates and Implications
Covid-19: Epidemiological Models vs. Statistical Models
by Peter Bruce, President & Founder, Statistics.com Nearly everyone is now familiar with the IHME Covid-19 forecasts (also called the “Murray” model after the lead… Read More »Covid-19: Epidemiological Models vs. Statistical Models