Analytics as Value lever in Oil and Gas industry
Over the decades, oil and gas companies have built their core skills in many areas such as engineering innovation, project execution, process management, risk management ...
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The Twilight Zone Between True and False
Recently we read a lot about fake news, alternate facts and journalism lies. Companies like Facebook develop data science algorithms to detect these postings, based amon...
The Mathematics of Machine Learning
Guest blog post by Wale Akinfaderin, PhD Candidate in Physics. In the last few months, I have had several people contact me about their enthusiasm for venturing into t...
How Uber Depends on Data Analytics to Deliver Extreme Customer Service – Face To Face With Uber’s Chief Data Architect
From a simple limo hailing app for friends to the world’s go-to taxi app. Uber’s growth in the approximately 7 years of existence can be described by one word, “Phe...
Indicator Based Recommenders – The One We Missed
Summary: In our recent article on “5 Types of Recommenders” we failed to mention Indicator-Based Recommenders. These have some unique features and ease of impleme...
Data Engineering vs. Data Science Infographic
If you’re interested in the field of analytics, you’ve probably heard the terms Data Engineering and Data Science, but do you know the difference? Although th...
Selecting Forecasting Methods in Data Science
We are dealing with plethora of data and information in the world today and expectation is to predict and forecast how we can gain competitive advantage based on the info...
Linear Models Don’t have to Fit Exactly for P-Values To Be Accurate, Right, and Useful
There is no need to get confused with multiple linear regression, generalized linear model or general linear methods. The general linear model or multivariate regression ...
What is Return Period?
Your recent vocabulary may include “100-year event” (happening more often), (drainage system designed for) “10-year storm,” and so on, courtesy mainstream media a...
Free Book: Probability and Statistics Cookbook
The format is very similar to a BIG cheat sheet. This cookbook integrates a variety of topics in probability theory and statistics. It is based on literature and in-class...