by Chris McLean & Peter Bruce

Never before have statistical models received the attention they are getting now in the midst of the Coronavirus pandemic.  It is hard to read a news feed today without encountering either:

• New predictions…

by Mike Thurber and John Elder, Ph.D.

By tracking anonymized mobile phone location data and COVID-19 case reports for many countries with different policies, we studied the effect of restricting mobility on the spread of COVID-19.  We found that lockdown policies did rapidly reduce the…

by Carl Hoover, Senior Advisor, Elder Research

We observe a peculiar counter-fluctuation in a COVID-19 statistic -- daily percent changes in deaths; it has a downward trend, but Tuesdays tend to see small increases.

COVID-19…

by Mike Thurber, Principal Scientist, Elder Research

Three weeks ago, our Brief Is the Spread of the COVID-19 Coronavirus Being Slowed…

by Peter Bruce, President & Founder, Statistics.com

Although there are frequent reports in the news media of young people contracting serious cases of COVID-19 and even dying, the disease in its serious form is…

by Mike Thurber, Principal Scientist, Elder Research

A key issue for COVID-19 response policies moving forward is the asymptomatic rate - people who have the virus but do not show symptoms.  If all the people who get the virus show symptoms, then despite the wide scope of the current outbreak,…

by Peter Bruce, President & Founder, Statistics.com

Nearly everyone is now familiar with the IHME Covid-19 forecasts (also called the “Murray” model after the lead project investigator at the Institute for…

by Mike Thurber, Principal Scientist, Elder Research

The COVID-19 pandemic has created a need for clear and actionable analytics like never before. The world can’t wait for controlled scientific studies to be completed, or dodge with, “We can’t say anything until we get more data.”…

by Robert Robison, Data Analyst, Elder Research

In 2019, over 40 million Americans wagered money on March Madness brackets, according to the American Gaming Association. Most of this money was bet in “bracket…

by Hudson Hollister

Detecting which of the federal government’s millions of contracts most likely involve fraud used to require insider access to agencies’ IT systems. Data analytics provides greater efficacy and higher hit rate than traditional investigative methods – and now can even be performed using only public…

by Vic Diloreto, Director, Software Products, Elder Research

The Risk Assessment Data Repository (RADR) is a powerful risk analytics platform used to enhance productivity in the investigation of fraud, waste and abuse. This server-based, data analytics product  fuses data from…

With the right business problem, data, and applied techniques predictive analytics can deliver exceptional return on investment (ROI) by, for example, assessing and managing risk, detecting and preventing fraud, optimizing workflow and business processes, and prioritizing resources.  Predictive analytics provides…

Note: This blog was written by Dr. John Elder and was originally published on www.elderresearch.com/blog.

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Elder Research has solved many challenging and previously unsolved technical problems in a wide variety of fields for…

Note: This blog was written by Dr. William Goodrum and originally posted on www.elderresearch.com.

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It has become common to talk about data being the new oil. But a recent piece from …