Subscribe to DSC Newsletter

All Blog Posts Tagged 'intervention' (3)

The Perfect Cheer

I recall the first time I encountered the idea of "asset allocation" many years ago. As the argument goes, the perfect allocation of assets should lead to the greatest return possible in light of one's risk tolerance. Perhaps thousands of years ago, although I haven't studied this in any detail, somebody had the idea that dancing in just the right way might satisfy the spirits enough to cause it to rain. There is the similar notion of delivering the perfect incantation to invoke supernatural…

Continue

Added by Don Philip Faithful on September 13, 2015 at 6:06am — No Comments

Participation in Data and the Effectiveness of Intervention

The role of statistics in data science is often debated. Despite rapid developments in technology giving access to algorithmically sophisticated approaches, I feel that statistics can still provide many worthwhile insights. If I have a database of sales figures spanning many years, I feel that I can become more aware of historic trends and seasonal patterns through the use of statistics. Statistics offers a sense of state, direction, pace, and progress. Statistics can also enable estimation…

Continue

Added by Don Philip Faithful on July 19, 2014 at 7:57am — No Comments

Thresholds, Butterflies, and the Metrics of Phenomena

My favourite explanation of the "butterfly effect" so far is as follows: Under particular conditions, even the tiniest movements of a butterfly can trigger storms and hurricanes. This principle is not limited to butterflies, of course. I think that many of us face pivotal moments in life that leave lasting effects. Perhaps no different than other students, I remember running out of cash during my undergraduate years. I consider this my personal butterfly moment. I had no money for food. I…

Continue

Added by Don Philip Faithful on June 7, 2014 at 7:33am — No Comments

Monthly Archives

2019

2018

2017

2016

2015

2014

2013

2012

2011

1999

Videos

  • Add Videos
  • View All

© 2019   Data Science Central ®   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service