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IBM and Data Science are Helping Save the World through Call for Code

Business Over Broadway

The devastating impact of natural disasters can be measured in human suffering, loss of life and economic impact. trillion since 2003. Check out these links to get you started: UN Data from the United Nations Statistics Division. It is estimated that 2.5 million people have been directly affected by natural disasters since 2000.

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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

With those stakes and the long forecast horizon, we do not rely on a single statistical model based on historical trends. Figure 2: Forecast triangulation Integrating customer forecasts with statistical forecasts In strategic forecasting, the proposed forecast may rely partially on forecasts or assumptions not owned by the data scientist.

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The trinity of errors in applying confidence intervals: An exploration using Statsmodels

O'Reilly on Data

We develop an ordinary least squares (OLS) linear regression model of equity returns using Statsmodels, a Python statistical package, to illustrate these three error types. CI theory was developed around 1937 by Jerzy Neyman, a mathematician and one of the principal architects of modern statistics.