[ COVER OF THE WEEK ]
statistical anomaly Source
[ LOCAL EVENTS & SESSIONS]
- May 23, 2018 #WEB Webinar – Learn about Power BI Embedded in 20 minutes
- May 30, 2018 #WEB PMI-ACP 3 Days Classroom Training in Boston
- May 29, 2018 #WEB Lean Six Sigma Black Belt-4 days Classroom Training in Kansas City
[ AnalyticsWeek BYTES]
[ NEWS BYTES]
[ FEATURED COURSE]
[ FEATURED READ]
[ TIPS & TRICKS OF THE WEEK]
Save yourself from zombie apocalypse from unscalable models
One living and breathing zombie in today’s analytical models is the pulsating absence of error bars. Not every model is scalable or holds ground with increasing data. Error bars that is tagged to almost every models should be duly calibrated. As business models rake in more data the error bars keep it sensible and in check. If error bars are not accounted for, we will make our models susceptible to failure leading us to halloween that we never wants to see.
[ DATA SCIENCE Q&A]
Q:Give examples of data that does not have a Gaussian distribution, nor log-normal?
A: * Allocation of wealth among individuals
* Values of oil reserves among oil fields (many small ones, a small number of large ones)
[ VIDEO OF THE WEEK]
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[ QUOTE OF THE WEEK]
Data is not information, information is not knowledge, knowledge is not understanding, understanding is not wisdom. Clifford Stoll
[ PODCAST OF THE WEEK]
[ FACT OF THE WEEK]
Brands and organizations on Facebook receive 34,722 Likes every minute of the day.