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Parametric and Non Parametric Bootstrap, Traditional Parametric: Comparison in One Picture

This picture compares two different types of bootstrap (parametric and non-parametric) with their traditional counterpart.

References



Which Bootstrap When?…

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Added by Stephanie Glen on November 14, 2019 at 6:56pm — No Comments

Thursday News, November 14

Here is our selection of featured articles and technical resources posted since Monday:

Announcements

Technical Resources…

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Added by Vincent Granville on November 14, 2019 at 11:00am — No Comments

Alternatives to the Gradient Descent Algorithm

Gradient Descent has a problem of getting stuck in Local Minima. The following alternatives are available. The following is a summary of answers suggested on CrossValided, originally posted here. …

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Added by Capri Granville on November 14, 2019 at 10:00am — No Comments

Don't waste time! important facts about Industrial IoT (IIOT)...

Cloud computing infrastructure renders benefits such as scalability, enhanced performance, and pay-as-you-go (PAYG) service to the IIoT market. Additionally, the demand for low-cost data storage, backup, and data protection are monumental challenges for small & medium enterprises (SMEs). Cloud computing also offers self-service provisioning and automatic de-provisioning, application program…

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Added by Kirthy Patel on November 14, 2019 at 1:30am — No Comments

The future of Chatbots

‘’By 2020, it is predicted that 85% of consumer interactions will be handled without a human agent’’

Chatbots in 2019 isn’t all about lessening your burden from repetitive tasks, it plays a huge role in lead generation as well. With the competition…

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Added by Racheal Chapman on November 13, 2019 at 10:44pm — No Comments

5 Unparalleled Advantages Offered by IoT to Farming Business:

Agriculture has witnessed different innovations and technological developments in the past 100 years. Unlike, traditional farming methods that relied completely on manual labor, modern agriculture is automated and smart. The use of disruptive technologies like the Internet of Things has made farming more precise, sophisticated, and productive. The advent of IoT in the agriculture sector has enabled the emergence of various new farming practices like precision farming, digital farming, and…

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Added by Sanjeev Verma on November 13, 2019 at 2:30am — No Comments

It’s Official – Our DNN Models are Now Commodity Software

Summary:  Booz Allen just launched a one-stop shop for all manner of pretested DNN models.  They’re even guaranteeing price.  This makes buying just like picking accounting, CRM, or HRIS software.  Equally as important, it’s a genius example of platform strategy to lock in customers and lock out competitors.

 …

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Added by William Vorhies on November 12, 2019 at 4:00pm — No Comments

Data science for managers: Programming languages

Programming languages are a tool for the realization of many powerful data science applications. But, there are so many of them and it has become confusing to choose the optimal one for your specific project. In this article, we are going to talk about popular languages for…

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Added by Igor Bobriakov on November 12, 2019 at 12:00pm — No Comments

IoT for Supply Chain Management: How to Use IoT for Enhanced Business Operations

The Internet of Things (IoT) has revolutionized the world we live in. Every global industry has the impact of IoT on it that only aims to increase the efficiency of business operations and provide better user experience ultimately. Apart from automated cars and retail stores…

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Added by Shady Johnson on November 12, 2019 at 2:30am — No Comments

Machine Learning and AI in Food Industry: Solutions and Potential

Artificial Intelligence and Machine Learning solutions offer large possibilities to optimize and automate processes, save costs and make less human error possible for many industries. Food and Beverage is not an exception, where it can be beneficially applied in restaurants, bar and cafe businesses as well as in food manufacturing. These two segments have common use cases where AI in the food industry can be applied, as well as different ones, which is linked to different…

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Added by Roman Chuprina on November 12, 2019 at 2:00am — No Comments

How to Extract Data from PDF to Excel

The Portable Document Format (PDF) is a file format developed by Adobe to present documents, including text formatting and images, in a manner independent of application software, hardware, and operating systems. (From Wikipedia

Nowadays people use PDF…

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Added by Erika Foo on November 11, 2019 at 7:01pm — No Comments

Exploit Economics of Autonomous to Transform Your Organization

One of the biggest threats to our world economy (outside of climate change, social inequality, unregulated proliferation of weapons and the rise of Terminators), is the retirement of the technician and engineering expertise that is necessary to keep our factories, hospitals, cities, trains, airports and other operational entities running effectively.  Deloitte’s 2018 skills gap in manufacturing study found that the skills gap may leave an estimated 2.4 million positions unfilled…

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Added by Bill Schmarzo on November 11, 2019 at 2:30pm — No Comments

Artificial Intelligence on Edge devices: an engineering led approach

Artificial Intelligence – Cloud and Edge implementations takes an engineering-led approach for the deployment of AI to Edge devices within the framework of the cloud.

We often use the word ‘engineering’ in casual conversation. However, in this context, we attach a specific meaning to Engineering. Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and…

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Added by ajit jaokar on November 11, 2019 at 11:00am — No Comments

Adapt or Die: why your business strategy is failing your data strategy

A few years ago I took a call from an analyst at a hedge fund who was looking for external data that would, in his words, provide “alpha.” I explained that our company was connected to thousands of data sources and hundreds of thousands of public datasets; I told him that we were continuously pulling in open data from 70 countries, standardizing it through an ingestion pipeline trained against the largest catalogue of public data in the world, and serving it up…

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Added by Lewis Wynne-Jones on November 11, 2019 at 5:30am — No Comments

What is Business Intelligence? Definition & Example.

Business intelligence is important for every business. But, there is a lot of confusion about business intelligence.

This is mainly because BI has been defined in different ways. So, we thought what’s better than talking about business intelligence. We dived into the history pages and compiled a list of definitions and examples that will help you understand this concept better.…

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Added by Priyansha Kansal on November 11, 2019 at 2:27am — No Comments

Accelerating data science and HPC applications with FPGAs using Jupyter Hub, instantly.

Jupyter Notebook is an open-source web application that allows you to create and share documents that contain live code, equations, visualizations and narrative text. Uses include data cleaning and transformation, numerical simulation, statistical modeling, data visualization, machine learning, and much more.

Due to its simplicity it has gained wide popularity among the data scientists and the HPC users that want to create and share applications that integrates the code, the…

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Added by Chris Kachris on November 11, 2019 at 12:30am — No Comments

Top 8 Data Science Use Cases in Sales

In the times when data is of extreme value, industries cannot afford to ignore it. The only right choice for them is to find new ways to use data for their benefit.

These words have become a motto for the sales industry along with the others. As far as the feature of the…

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Added by Igor Bobriakov on November 10, 2019 at 10:31pm — No Comments

Variance of a Product of Random Variables

If X(1), X(2), ..., X(n) are independent random variables, not necessarily with the same distribution, what is the variance of Z = X(1) X(2) ... X(n)? It turns out that the computation is very simple:

In particular, if all the expectations are zero, then the…

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Added by Vincent Granville on November 10, 2019 at 10:30am — No Comments

Weekly Digest, November 11

Monday newsletter published by Data Science Central. Previous editions can be found here. The contribution flagged with a + is our selection for the picture of the week. To subscribe, follow this link.  

Featured Resources and Technical…

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Added by Vincent Granville on November 10, 2019 at 8:30am — No Comments

Beginner’s Guide To Machine learning

Growing up we all had fantasies of having a friend who can understand us like no one else can, who knows our likes and dislikes better than us. well guess what folks your fantasy is not fantasy anymore, thanks to Machine Learning. Ever advancing technological advancements have amazed mankind with amazing inventions and discoveries. And on of such marvel is Machine Learning.



What is Machine…

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Added by Deven Raj on November 8, 2019 at 3:30am — No Comments

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