Domino Data Lab

OCTOBER 7, 2020

Statistical methods for analyzing this two-dimensional data exist. This statistical test is correct because the data are (presumably) bivariate normal. When there are many variables the Curse of Dimensionality changes the behavior of data and standard statistical methods give the wrong answers. Data Has Properties.

Statistics 145

Statistics Testing Predictive Modeling Modeling 145

Data Science and Beyond

JULY 22, 2018

I got my first data science job in 2012, the year Harvard Business Review announced data scientist to be the sexiest job of the 21st century. Two years later, I published a post on my then-favourite definition of data science , as the intersection between software engineering and statistics. Things have changed considerably since 2012.

Data Science 79

Data Science Machine Learning Statistics Predictive Modeling 79

Domino Data Lab

APRIL 21, 2021

Rules-based fraud detection (top) vs. classification decision tree-based detection (bottom): The risk scoring in the former model is calculated using policy-based, manually crafted rules and their corresponding weights. Let’s also look at the basic descriptive statistics for all attributes. 3f" % x) dataDF.describe().

Statistics 69

Statistics Machine Learning Modeling Metrics 69

The Unofficial Google Data Science Blog

MARCH 31, 2016

Finally, through a case study of a real-world prediction problem, we also argue that Random Effect models should be considered alongside penalized GLM's even for pure prediction problems. Random effects models are a useful tool for both exploratory analyses and prediction problems. 5] Anoop Korattikara, et al.

Modeling 40

Modeling Statistics Advertising Testing 40