By Ian Morton. Ian worked in credit risk for big banks for a number of years. He learnt about how to (and how not to) build “good” statistical models in the form of scorecards using the SAS Language.

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If you look at the picture below (Pleiades constellation), you will see - with the naked eye - that many star systems appear to be binary: that is, involving two (or more) stars orbiting around each other.

Is this a coincidence, or can we prove that from a statistical point of view, based on the theory of stochastic point…

By anti-scam, I mean a scam where the victim makes more money by participating in the scam.

This scam works as follows:

• You send money to the data scientist - AKA the scammer - and he purchases lottery tickets with…

Read the original KDNuggets' report on data science graduate programs. The text below is an extract.…