It will be unwise to expect you will generate lot of sales if you have significant amount of web traffic. It alone cannot be of much help in this matter. You will need to track the website metrics properly in order to take necessary measure to convert the traffic into your business prospects. You will need to analyze your website from time to time to ensure that it is not only accessible to the users but also provides all necessary guidance to show them the right way to make a…

We propose simple solutions to important problems that all data scientists face almost every day. In short, a toolbox for the handyman, useful to busy professionals in any field.

1. Eliminating sample size effects. Many statistics, such as correlations or R-squared, depend on the sample size, making it difficult to…

This crash course features a new fundamental statistics theorem -- even more important than the central limit theorem -- and a new set of statistical rules and recipes. We discuss concepts related to determining the optimum sample size, the optimum k in k-fold cross-validation, bootstrapping, new re-sampling techniques, simulations, tests of hypotheses, confidence intervals, and statistical inference using a unified, robust, simple…

Graph are meant to be seen

The third layer of graph technology that we discuss in this article is the front-end layer, the graph visualization one. The visualization of information has been the support of many types of analysis, including Social Network Analysis. For decades, visual representations have helped researchers,…

The emergence of alternative data as a key enabler in expanding credit delivery and financial inclusion is unmistakable.

The saying that the only thing that is constant is change, is attributed to Heraclitus, the Greek Philosopher. This is so very relevant today in the way lenders use technology and scoring solutions to understand the credit worthiness of applicants. Credit Risk Management has come a long way from the days when banks used just one credit score cut off to…

I present here some innovative results from my most recent research on stochastic processes. chaos modeling, and dynamical systems, with applications to Fintech, cryptography, number theory, and random number generators. While covering advanced topics, this article is accessible to professionals with limited knowledge in statistical or mathematical theory. It introduces new material not covered in my recent book (available …

Read the part 1 - The graph database landscape

The graph analytics landscape 2019

Graph analytics frameworks consist of a set of tools and methods developed to extract…

This is another interesting problem, off-the-beaten-path. It ends up with a formula to compute the integral of a function, based on its derivatives solely. 

For simplicity, I'll start with some notations used in the context of matrix theory, familiar to everyone: T(f) = g, where f and g are vectors, and T a square matrix. The notation T(f) represents the product between the matrix T, and the vector f. Now, imagine that the…

Organizations across industries are adopting graph analytics to reinforce their anti-fraud programs. In this post, we examine three types of fraud graph analytics can help investigators combat: insurance fraud, credit card fraud, VAT fraud.

Detecting fraud is about connecting the dots

In many areas, fraud investigators have at their disposal large datasets in which clues are hidden. These clues are left behind by…

A passionate customer always provides feedback about his favorite product if it touches his emotional chord.

Product review contains wealth of information. Analyzing the review texts can unearth many hidden data points about the customer and the product. Such insights can help grow the business and gain revenue.

Lets look into a specific example. …

Why is graph visualization so important? How can it help businesses sifting through large amounts of complex data? We explore the answer in this post through 5 advantages of graph visualization and different use cases.

What is graph visualization

Also called network, a graph is a collection of nodes (or vertices) and edges (or links). Each node represents a single data point (a person, a phone number, a transaction) and each edge represents how two nodes…

We are in the process of writing and adding new material (compact eBooks) exclusively available to our members, and written in simple English, by world leading experts in AI, data science, and machine learning. In the upcoming months, the following will be added:

• The Machine Learning Coding Book
• Off-the-beaten-path Statistics and Machine Learning Techniques 
• Encyclopedia of Statistical Science
• Original Math, Stat and Probability Problems - with…

Figure 1. Scatter plot of word embedding coordinates (coordinate #3 vs. coordinate #10). You can see that semantically related words are close to each other.

This blog post is an extract from chapter 6 of the book “From Words to Wisdom. An Introduction to Text Mining…

From detecting anomalies to understanding what are the key elements in a network, or highlighting communities, graph analytics reveal information that would otherwise remain hidden in your data. We will see how to integrate your graph analytics with Linkurious Enterprise to detect and investigate insights in your connected data.

What is graph analytics

Definition and…

Full title: Applied Stochastic Processes, Chaos Modeling, and Probabilistic Properties of Numeration Systems. Published June 2, 2018. Author: Vincent Granville, PhD. (104 pages, 16 chapters.)

This book is intended for professionals in data science, computer science, operations research, statistics, machine learning, big data, and mathematics. In 100 pages, it covers many new topics, offering a fresh perspective on the subject. It is accessible to…

What is Google Colab:

We all know that deep learning algorithms improve the accuracy of AI applications to great extent. But this accuracy comes with requiring heavy computational processing units such as GPU for developing deep learning models. Many of the machine learning developers cannot afford GPU as they are very costly and find this as a roadblock for learning and developing Deep learning applications. To help the AI, machine learning developers Google has released…

Previously, we saw how unsupervised learning actually has built-in supervision, albeit hidden from the user.

In this post we will see how supervised and unsupervised learning algorithms share more in common than the textbooks would suggest. As a matter of fact, both classes can use identical…

For decades, the intelligence community has been collecting and analyzing information to produce timely and actionable insights for intelligence consumers. But as the amount of information collected increases, analysts are facing new challenges in terms of data processing and analysis. In this article, we explore the possibilities that graph technology is offering for intelligence analysis.

Intelligence collection and analysis in the age of…

Join the largest community of machine learning (ML), deep learning, AI, data science, business analytics, BI, operations research, mathematical and statistical professionals: Sign up here. If instead, you are only interested in receiving our newsletter, you can subscribe here. There is no…

This picture speaks more than words. It explains the concept or false positive and false negative, that is, what is referred to by statisticians as Type I and Type II errors.

Other great pictures summarizing data science and statistical concepts, can be found…