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September 2011 Blog Posts (50)

Barriers to hiring analytic people

You hear all the time that it is very hard to find and hire a great data scientist. Yet these scientists can't find a job, and are typically unemployed for many months after graduating or after being laid off - even those with 15 years of experience and stellar degree and accomplishments. 

So what's the problem? I'm suggesting a few possibilities:

  • Candidates lack business acumen
  • Candidates have poor communication skills, are asking too much…
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Added by Capri on September 18, 2011 at 7:35pm — 10 Comments

Creativity vs. Analytics: Are These Two Skills Incompatible?

In a nutshell, are great analytic people lacking creative skills? And are great creators lacking analytic skills? How to fix this gap?

Here are a few interesting questions:

  • Should analytic people focus on measuring, and nothing else? 
  • Do analytic people lack business skills because they were odd kids in high school, because the way the school system is working in US?
  • Is it impossible to hire great analytic people combining both soft and hard skills, because…
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Added by Capri on September 18, 2011 at 7:00pm — 10 Comments

Statistical Evidence in Litigation

Excellent resources compiled by Will Yancey, PhD, CPA.

Will Yancey, PhD, CPA 

Email: [email protected] 

Office phone 734.744.4400
Dr. Yancey consults on audit sampling and litigation support.

 

Contents of this page:

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Added by Richard on September 16, 2011 at 3:27pm — No Comments

StatSoft Releases Text Mining Video Series on YouTube

StatSoft announces the release of their new YouTube video series on Text Mining. The series will provide hands-on tutorials of text mining applications. StatSoft will release a new video every week. Subscribers to the StatSoft YouTube channel will have quick and easy access to the videos as soon as they become available. Users can also register to receive emails every time a new video is…

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Added by Vincent Granville on September 16, 2011 at 2:30pm — No Comments

BayesianNetwork Newsletter, September 2011

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Added by Vincent Granville on September 16, 2011 at 12:40pm — No Comments

Classification accuracy using different bag of words

In this post I show how the accuracy of the classifier is influenced by the bag of words. 

The test has been done on a naive classifier but it returns good information about the data set.

http://textanddatamining.blogspot.com/

The above image is an example of the bag of words used in the…

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Added by Cristian Mesiano on September 16, 2011 at 4:54am — No Comments

King of Analytics is Jim Goodnight, according to Forbes

Here's their article:

image




Some entrepreneurs set out to change the world. Steve Jobs comes to mind. Others try to solve a niche problem and discover, over time, that the whole world wants their magic. Such is Jim Goodnight, the cofounder, chairman and CEO of SAS, the Cary, N.C.-based leader in the suddenly hot field of high-powered analytics software.

Goodnight, 68, is a tall Southerner with…

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Added by Vincent Granville on September 15, 2011 at 1:55pm — No Comments

Access to Opera's vektor analytics tool

Anyone could guide me on how it works? Possibly a demo? I am interested in other tools aswell which work well with segmentation and unstructured data. Thank you guys.

Added by Sumeet Nath on September 15, 2011 at 1:42pm — No Comments

Trillion Triple Semantic Database

The Semantic Web is an idea of World Wide Web inventor Tim Berners-Lee where the web captures the semantics, or meaning, of data, and where machines are enabled to interact with that meta data. Berners-Lee observes that although search engines index much of the Web's content, keywords only provide an indirect association of the meaning that human actors are seeking. He foresees a number of ways in which developers and authors, singly or in collaborations, can use self-descriptions and other…

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Added by Theodore Omtzigt on September 14, 2011 at 2:27pm — No Comments

Big Data Analytics Company Opera Solutions Raises $84M | Washington Post

Opera Solutions, not to be confused with browser maker Opera Software, has raised a whopping $84 million in its very first round of outside equity funding. According to the Wall Street Journal, the round values the…

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Added by Mirko Krivanek on September 14, 2011 at 10:54am — No Comments

Pfizer's Top 5 Lessons from Applied Analytics | Forbes

Image representing Pfizer as depicted in Crunc...

(Image via CrunchBase)

Global pharmaceutical giant Pfizer Inc. is transforming its use of analytics from a theoretical exercise into a real-time execution engine powered in part by tablet PCs and click-stream data  but primarily by the urgency of shifting business models for Lipitor and other products.

In a …

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Added by Mirko Krivanek on September 14, 2011 at 10:49am — No Comments

Two great ideas to create a much better search engine

When you do a search for "career objectives" on Google India (www.google.in), the first result showing up is from a US-based job board specializing in data mining and analytical jobs. The Google link in question redirects to a page that does not even contain the string "career objective". In short, Google is pushing a US web site that has nothing to do with "career objectives" as…

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Added by Vincent Granville on September 13, 2011 at 4:00pm — 9 Comments

Predictive Analytics and Text Analytics FAQs Answered

You asked for it, you got it. The central FAQs regarding Predictive Analytics World (PAW) (Oct 16-21) and Text Analytics World (TAW) (Oct 19-20) NYC's conference agenda, answered by the founding chair, Eric Siegel.

 

Why should I come to Predictive Analytics World NYC?

Predictive Analytics World is the leading and largest cross-vendor conference covering commercial deployment. There's nowhere else you'll find as much content and as many leading…

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Added by Vincent Granville on September 13, 2011 at 11:53am — No Comments

Cross/Up-Sell & Next Best Offer

Today global markets are within reach of every organization & there is a lot of pressure in increasing the revenues and market share.  Business leaders demand to know how customers and prospects are most likely to transact with them in the near and long term.  
The explosive growth of various mediums to reach customers has made marketing an easy but costly affair.
 
Typical sales & marketing analytics will involve…
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Added by Sandeep Raut on September 12, 2011 at 7:51pm — No Comments

New, state-of-the-art random number generator: simple, strong and fast

This article discusses a random number generator with an infinite period.

One of the best random sets of digits (extensively tested for randomness by hundreds of scientists using thousands of tests both in small and high dimensions) is the decimals of Pi. Despite its random character being superior to most…

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Added by Vincent Granville on September 11, 2011 at 9:00pm — 5 Comments

Decision Support and Risk Analysis Webinar 1:00pm EDT, Wednesday, September 14th, 2011

Sign up for a free, live webinar on using the Analytica software application to create models for decision support and analysis of risk.

http://www.lumina.com/why-analytica/sign-up-for-a-webinar/

 

Added by Phil Morettini on September 11, 2011 at 3:51pm — No Comments

A potential new type of threat, incredibly difficult to detect, and absolutely vicious

You type in a domain name, say www.wellsfargo.com in your browser (say Chrome), and a website with broken links, broken images and badly formatted text, shows up. When you click on any link, it "redirects" you to what seems to be a true Wells Fargo page. You try with a different browser (say IE), and you experience the same problem. You visit finance.yahoo.com, and you get an 310 error message saying "recursive redirect found on the web page". You do a…

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Added by Capri on September 10, 2011 at 8:49pm — 2 Comments

Classical random number generators result in identity theft, according to IEEE

At least this is IEEE's viewpoint, if you read their recent article (front page) published in IEEE spectrum, September 2011. In a nutshell, they claim that hardware technology using Intel chips is better than software architecture to generate / simulate random numbers. See one of their prior articles at  …

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Added by Mirko Krivanek on September 9, 2011 at 9:30pm — 4 Comments

New strategies to get a job offer: what's your opinion about this very aggressive approach?

With government killing business by requiring mandatory health care, mandatory sick days, and many other perks for employees (maybe salary indexation in the future), what do you think of a candidate who would say, during a job interview:

  • I have never taken a sick day over the last 10 years. If I feel I could be contagious, I will call my manager and work from home - I was never sick to the point that I could not work efficiently. I will cost you $0 in sick days.
  • I will…
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Added by Mirko Krivanek on September 9, 2011 at 4:00pm — 7 Comments

Statisticians Have Large Role to Play in Web Analytics | American Statistical Association

Read my full interview for AMSTATat http://magazine.amstat.org/blog/2011/09/01/webanalytics/. You will also find my list of recommended books. Here is a copy of the interview, in case the original article (posted on AMSTAT News) disappear.

(Dr. Granville's Interview for AMSTAT)

Vincent Granville is chief scientist at a publicly traded company and the founder of AnalyticBridge. He has consulted on…

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Added by Vincent Granville on September 8, 2011 at 5:00pm — 1 Comment

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