Fine grained analysis of K- mean clustering and where we are using it
K-means is a centroid based algorithm that means points are grouped in a cluster according to the distance(mostly Euclidean) from centroid. Centroid-based Clustering Cent...
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The Call for a New Device for Data Scientists
My first computer was a Commodore Vic-20 in 1981. I bought the device because of this incredible urge to program in BASIC as a result of Mr. Ted Becker’s course on comp...
The Homogeneity and Location Index: An open-source Statistical Framework for the classification of ordinal categorical data
The analysis and classification of ordinal categorical data are central in most scientific domains and ubiquitous in governments and businesses. Examples of ordinal data ...
How DevOps Drives Analytics Operationalization and Monetization
I recently wrote a blog “Interweaving Design Thinking and Data Science to Unleash Economic V…” that discussed the power of interweaving Design Thinkin...
Machine Learning and Particle Motion in Liquids: An Elegant Link
The gradient descent algorithm is one of the most popular optimization techniques in machine learning. It comes in three flavors: batch or “vanilla” gradient desce...
The Approximation Power of Neural Networks (with Python codes)
Introduction It is a well-known fact that neural networks can approximate the output of any continuous mathematical function, no matter how complicated it might be. Take...
Exposing Potential Fraud in Amazon Reviews
Amazon continues to be one of the most popular marketplaces in the US as well as the world due, at least in part, to its variety of product categories and product reviews...
What Are the Necessary Components of an Advanced Analytics Solution?
Business markets and competition are moving much more quickly these days and predicting, planning and forecasting is more important than ever. It is also important to ens...
Retailers: Better Market Basket Analysis Will Keep You Ahead Of Competition
“It’s much easier to double your business by doubling your conversion rate than by doubling your traffic.” —Jeff Eisenberg, CEO of BuyerLegends.com It is but only...
A Radical AI Strategy – Platformication
Summary: A new business model strategy based around intermediary platforms powered by AI/ML is promising the most direct path to fastest growth, profitability, and comp...