Statistics
Seasoned analytics practitioners invariably have many “you-live-and-learn” experiences. They commonly include cases in which the problem presented to them is not...
These days, I respond to hearing “generative AI” with a bit of an eye roll. The smart ass in me thinks:...
Best use: Ranking method to choose a winner. What if I need to drive my kids to the emergency room? That’s...
The future is always blurry since it is impossible to know for sure what lies ahead of us. As an example,...
September has arrived. For market participants it is not only the time to return to their offices after summer vacation, but...
There is a disconnect that often exists when an organization is just getting started with analytics. One of the key factors...
I’ve said many times: too often, an existing function implicitly assumes data responsibilities in organizations that struggle with data management (for...
It’s more times than I can count on one hand. A business or technology leader tells me they have a lot...
In my previous blog, “Who is looking after the quality of your analytics?”, I talked about what it meant to ensure...
We talk a lot about using analytics to improve the quality of something else. But when was the last time you...
I would be a big fat liar if I say I have never wasted time. I’ve been unproductive and procrastinated plenty...
PCA reduces the dimensionality of data points that are in many spaces. Some ready codes and libraries allow coders to create...
Analytics has a value problem. This is not new. In fact, we have been talking about this for decades. That notorious...
Interest in machine learning and data science has been growing at a rapid rate in recent years. More and more students...
We humans love to hear and tell stories. We are destined to naturally look for patterns in our day to day...
Previously we spoke about decision trees and how they could be used in classification problems. Now we shift our focus onto...
Get to know the 3 M’s – Mean, Median, Mode of statistics a little deeper, they trick you more so often....
The world of data and analytics is full of misunderstanding and misinformation. Unfortunately, a lot of this is perpetuated not just...
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