Basics of Bayesian Decision Theory
The use of formal statistical methods to analyse quantitative data in data science has increased considerably over the last few years. One such approach, Bayesian Decisio...
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Probabilistic Forecasting: Learning Uncertainty
The majority of industry and academic numeric predictive projects deal with deterministic or point forecasts of expected values of a random variable given some conditiona...
Swarm Optimization: Goodbye Gradients
Fish schools, bird flocks, and bee swarms. These combinations of real-time biological systems can blend knowledge, exploration, and exploitation to unify intelligence and...
A Simple Introduction to Complex Stochastic Processes – Part 2
In my first article on this topic (see here) I introduced some of the complex stochastic processes used by Wall Street data scientists, using a simple approach that can ...
A Simple Introduction to Complex Stochastic Processes – Part 2
In my first article on this topic (see here) I introduced some of the complex stochastic processes used by Wall Street data scientists, using a simple approach that can b...
Credit Risk Prediction Using Artificial Neural Network Algorithm
1 Introduction Credit risk or credit default indicates the probability of non-repayment of bank financial services that have been given to the customers. Credit risk has ...
Neural network classification of data using Smile
Data classification is the central data-mining technique used for sorting data, understanding of data and for performing outcome predictions. In this small blog we will u...
College Hoops Conference Rankings
It’s that time of the year again — the start of March Madness, 2018. Last Sunday, the selection show announced the 68 teams, and the preliminary round games s...
Machine Learning Explained: Understanding Supervised, Unsupervised & Reinforcement Learning
Machine Learning is guiding Artificial Intelligence capabilities. Image Classification, Recommendation Systems, and AI in Gaming, are popular uses of Machine Learning cap...
AI Transforms Industrial IoT
If you’ve been studying artificial intelligence and its growth, you’ll know that the industry is well past its nascent stage now. There is significant maturity in its...