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October 2010 Blog Posts (23)

The most analytic states

According to AnalyticBridge web traffic statistics. An index above 100 means "above average". Below 100 means "below average". The index is the 2nd column.



State   Uniques IndexConnecticut     145

Massachusetts 143

New York 132

California 126

Maryland 107

Washington 104

Pennsylvania 98

District of Columbia 98

North Carolina 97

Minnesota 97

Delaware 93

Illinois …
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Added by Vincent Granville on October 31, 2010 at 10:38am — No Comments

How to draw proportional venn diagram using R?

How to draw proportional venn diagram using R?

Added by Manish on October 31, 2010 at 2:22am — No Comments

Rapid Insight Inc. Places in Top Three in Direct Marketing Association 2010 Analytic Challenge

Conway, NH (PRWEB) October 22, 2010…

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Added by Vincent Granville on October 28, 2010 at 7:23pm — No Comments

As IBM Accelerates Analytics Business, Can Anyone Keep Up?

IBM has put analytics at the heart of its corporate strategy and is leveraging its entire $100-billion business to drive the "smarter" solutions that analytics animate.…



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Added by Vincent Granville on October 26, 2010 at 4:00pm — No Comments

eHarmony's algorithm of love

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Added by Vincent Granville on October 26, 2010 at 3:59pm — No Comments

Digg Faces Accusations Of Gaming Itself: Data Mining Used to Unearth Usage of Fake Profiles

The darkest fears of every Digger (or, as is increasingly common, former Digger) may be coming true: some very compelling data mining by a concerned user has…

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Added by Vincent Granville on October 26, 2010 at 2:23pm — No Comments

The Best and Worst of Statistical Graphics

This Gallery of Data Visualization displays some examples of the Best and Worst of Statistical Graphics, with the view that the contrast may be useful, inform current practice, and provide some pointers to both historical and current work. We go from what is arguably…

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Added by Vincent Granville on October 25, 2010 at 10:11pm — No Comments

Are there standard testing & evaluation methods to hire analytics professionals at junior and middle level?

I have found evaluation of analytics capability/competency to be a challenge.



Some people are good at tools ( SAS/SPSS) and they have no clue whatsoever when a business problem is posed to them and which techniques to use. They know standard proc routines and they run them like a factory. A few others understand business issues but have no statistical application knowledge. Past experience does not seem to enough indicator of the person's caliber or capability. Some times too much of… Continue

Added by Sivarman Swaminathan on October 24, 2010 at 11:18am — No Comments

Automated news feed optimization: a new opportunity for analytics professionals, with huge growth potential

  • Billions of dollars are poured each year into online advertising programs (display and pay-per-click advertising)
  • Ads are displayed on websites that attract lots of visitors.
  • Web sites attracting visitors do so because they have great content.…
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Added by Vincent Granville on October 19, 2010 at 10:00pm — No Comments

Predixion and Zementis partner to accelerate widespread adoption, use and reuse of predictive analytics models

ALISO VIEJO, Calif., Oct 19, 2010 (BUSINESS WIRE) -- Predixion Software today introduced Predixion PMML Connexion(TM), an interface that provides Predixion Insight(TM), the company's low-cost, self-service in the cloud predictive analytics solution, direct and seamless access to SAS, SPSS (IBM) and other predictive models for use by Predixion Insight customers. Predixion PMML Connexion enables companies to leverage their significant investments in legacy predictive analytics solutions at a… Continue

Added by Vincent Granville on October 19, 2010 at 11:30am — No Comments

Logistic regression.

can we find out which variables are important for carrying out logisitc regression before carrying out logistic regression?

Added by Minethedata on October 18, 2010 at 9:17am — 10 Comments

Data Mining

Hi

I have heard from my friend that data mining is a new topic and is much more popular. He also told me that data mining recognize patterns in large data but he did not told me that is it sstatistical in nature. As far as my thoights are concerned i tink wherever is data there is Statistics involved.

Could you tell me xactly what the data mining is? How it is used in Statistics? Which Statistical Book clearly explain its use in Statistics? How could i proceed to learn it?

Yours… Continue

Added by MANISH NEGI on October 16, 2010 at 7:44am — 1 Comment

Data mining video from ACM

Ron Fredericks writes: The Association of Computing Machinery (ACM) Machine Learning / Data Mining Camp event had a full house. The video presented here attempts to capture both the content and the excitement surrounding this event:
http://www.lecturemaker.com/2010/03/acm-data-mining-camp/

Added by Ron Fredericks on October 11, 2010 at 8:12pm — No Comments

SAS joins IBM, GlaxoSmithKline, Cisco Systems in Obama education effort

SAS Institute has joined the “Change the Equation” educational initiative announced last week by President Barack Obama, the Cary-based maker of business analytics software announced Wednesday.



SAS is among dozens of organizations that will work with the White House on ways to improve science, technology, engineering and math, or STEM, education.



“As a high tech company, SAS depends on a strong educational system for its long-term success,” said SAS CEO Jim Goodnight.… Continue

Added by Mirko Krivanek on October 9, 2010 at 9:30am — No Comments

More and more companies are mining data about their employees to predict how they’ll behave in the future

A few weeks ago it was revealed that Google and the CIA—two organizations whose job it is to know what’s going on in the present—are working together to learn what will happen in the future. Through their respective investment arms—Google Ventures and In-Q-Tel—the geeks and the spooks each took a stake in a little-known Cambridge, Mass., company called Recorded Future, which bills itself as “the world’s first temporal analytics engine.” By scanning websites, news stories, blogs and Twitter… Continue

Added by Vincent Granville on October 8, 2010 at 2:14pm — No Comments

How can I get the prediction of categorical independent variable to produce the prediction of dependent variable

I have fit a model with my historical data. Model fit is quite okay.. But I am not able to make a prediction of dependent variable without the set of independent variable. In the case of numerical independent variable I used some smoothed techniques. But bit problem with categorical independent variables. Could you please suggest me any idea.

Added by Purnendu Maji on October 7, 2010 at 1:35am — 2 Comments

INSIDE THE VOLATILITY ZONE

This paper is speaking to

the Middle Office function, controlling Market Risk in an Investment Bank,

particularly of the first tier. Analogously then It speaks to the similar

function in Asset Management or Life Assurance, it is concerned with issues of

compliance and transparency in particular Basel III, IFRS7 and Solvency 2.In a market

risk legacy technology…
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Added by John A Morrison on October 5, 2010 at 10:00pm — No Comments

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