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All Blog Posts Tagged 'Chain' (5)

Markov Chain Monte Carlo Methods for Bayesian Data Analysis in Astronomy

This article was written by Sanjib Sharma.

Markov Chain Monte Carlo based Bayesian data analysis has now become the method of choice for analyzing and interpreting data in almost all disciplines of science. In astronomy, over the last decade, we have also seen a steady increase in the number of papers that employ Monte Carlo…

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Added by Andrea Manero-Bastin on January 6, 2021 at 11:50am — No Comments

Marketing Analytics through Markov Chain

Imagine you are a company selling a fast-moving consumer good in the market.

Let’s assume that the customer would follow the given journey to make the final purchase:               These are the states at which the customer would be at any point in the purchase journey.

Now, how to find out in which state the customers would be after 6…

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Added by Ridhima Kumar on January 8, 2019 at 12:00am — 4 Comments

A Semi-Supervised Classification Algorithm using Markov Chain and Random Walk in R

In this article, a semi-supervised classification algorithm implementation will be described using Markov Chains and Random Walks. We have the following 2D circles dataset (with 1000 points) with only 2 points labeled (as shown in the figure, colored red and blue respectively, for all others the labels are unknown, indicated by the…

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Added by Sandipan Dey on June 6, 2017 at 11:00am — 4 Comments

The Data Bug

Regarding defects in human-built systems, the term "bug"…
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Added by Michael Walker on December 16, 2013 at 9:30am — No Comments

The Data Supply Chain and Master Data Management

The recent TDWI Keynote by Evan Levy focused on traditional…

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Added by Michael Walker on February 21, 2013 at 9:00am — No Comments

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