article thumbnail

Software commodities are eating interesting data science work

Data Science and Beyond

When I started my PhD in 2009, the plan was to work on sentiment analysis of opinion polls. I learned about Bayesian statistics and conjugate priors. Back then, it seemed like “real” data science consisted of building and tuning machine learning models – that’s what Kaggle was all about.

Software 103
article thumbnail

Smarten Augmented Analytics Receives CERT-IN Certification for Its Products and Services!

Smarten

” The Information Technology Amendment Act of 2009 designated CERT-IN as the national agency to perform functions for cyber security, including the collection, analysis and dissemination of information on cyber incidents, as well as taking emergency measures to handle incidents and coordinating cyber incident response activities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Simpson’s Paradox to Avoid Faulty Conclusions

Sisense

So how do we get totally different results when breaking the data down by gender? This is an example of Simpon’s paradox , a statistical phenomenon in which a trend that is present when data is put into groups reverses or disappears when the data is combined. It’s time to introduce a new statistical term.

Testing 104
article thumbnail

Fitting Support Vector Machines via Quadratic Programming

Domino Data Lab

The intuition here is that a decision boundary that leaves a wider margin between the classes generalises better, which leads us to the key property of support vector machines — they construct a hyperplane in a such a way that the margin of separation between the two classes is maximised (Haykin, 2009). Derivation of a Linear SVM. Fisher, R.

article thumbnail

New Thinking, Old Thinking and a Fairytale

Peter James Thomas

Of course it can be argued that you can use statistics (and Google Trends in particular) to prove anything [1] , but I found the above figures striking. Here we come back to the upward trend in searches for Data Science. – McKinsey 2009. . [6]. For example in 20 Risks that Beset Data Programmes. . [7].

article thumbnail

Credit Card Fraud Detection using XGBoost, SMOTE, and threshold moving

Domino Data Lab

In contrast, the decision tree classifies observations based on attribute splits learned from the statistical properties of the training data. Machine Learning-based detection – using statistical learning is another approach that is gaining popularity, mostly because it is less laborious. 3f" % x) dataDF.describe().

article thumbnail

Fact-based Decision-making

Peter James Thomas

I explore some similar themes in a section of Data Visualisation – A Scientific Treatment. Integrity of statistical estimates based on Data. Having spent 18 years working in various parts of the Insurance industry, statistical estimates being part of the standard set of metrics is pretty familiar to me [7].

Metrics 49