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Kirk Borne's Blog Posts Tagged 'Analytics' (12)

7 Traps to Avoid Being Fooled by Statistical Randomness

Randomness is all around us. Its existence sends fear into the hearts of predictive analytics specialists everywhere -- if a process is truly random, then it is not predictable, in the analytic sense of that term.  Randomness refers to the absence of patterns, order, coherence, and predictability in a system. 

Unfortunately, we…

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Added by Kirk Borne on January 9, 2017 at 6:00pm — 5 Comments

Feature-Rich Toys and Data

We all love features... lots of features! ...in our new cars, in our gadgets, in our smart phones, in our toys, and in our data sets! 

Consider this toy that we found at the thrift store for under $6.00:

This toy house delivers numerous musical and other sound effects that are triggered whenever one of the features in the house is pressed, or…

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Added by Kirk Borne on January 9, 2015 at 2:30pm — No Comments

Learning from Data, Big and Small, using Characterizations

In a previous article, we defined data charaterization as a “methodology for generating descriptive parameters that describe the behavior and characteristics of a data item, for use in any unsupervised learning algorithm to find features, clusters, patterns, and trends in the data without the bias of incorporating class…

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Added by Kirk Borne on May 31, 2014 at 11:30am — No Comments

Register now to attend the Useful Business Analytics Summit in Boston

Do you know how to extract the most useful insights from your business data in order to make better, smarter, faster business decisions?
 …
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Added by Kirk Borne on March 29, 2014 at 11:30am — No Comments

Big Data A to Z – The Annotated Glossary of my Favorite Data Science Things

The extended annotated version of the "Big Data A to Z Glossary of my Favorite Data Science Things" is now live at: http://bit.ly/1g5NcBt

However, the original…

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Added by Kirk Borne on March 20, 2014 at 3:00pm — No Comments

Leadership Analytics - Measuring Big Data Project Success Scientifically

The application of analytics and data science methods to people is becoming an increasingly common use case for Big Data in the workplace.  For example:

  • HR Analytics for human resource management: http://intel.ly/KGYFL7 
  • Talent Analytics for employee recruitment, promotion, and retention: …
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Added by Kirk Borne on February 15, 2014 at 11:09am — No Comments

Daily (and weekly) summaries of Big Data, Analytics, Statistics, and Data Science news

For daily (and weekly) summaries of Big Data, Analytics, Statistics, and Data Science in the news, check out some of these excellent paper.li aggregations (which are just a small sample of many choices):

@analyticbridge: …

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Added by Kirk Borne on February 11, 2014 at 6:48pm — No Comments

Become a Certified HR Analytics Professional - online classes start January 26

Do you know which is the most sought after skill amongst HR professionals in 2014?



It is analytics.



More than 85% of HR professionals feel they will be able to do their job better if they pick up data analysis skills. (Source: http://jigsawacademy.com/em/2014/01/01/)

Jigsaw Academy is a leader in…

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Added by Kirk Borne on January 21, 2014 at 7:59am — No Comments

Predictive Analytics for CATS

The Comprehensive Analysis of Time Series (CATS) is an increasingly important use case in the field of Big Data analytics.  Cat videos on the Internet notwithstanding, the prevalence of time series is perhaps even more universally ubiquitous in big data applications: customer purchase histories, web click logs, social events, human behaviors, speech patterns, weather reports, climate science, numerical simulation science, spread of infectious diseases, market…

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Added by Kirk Borne on September 6, 2013 at 9:30am — No Comments

Democratizing Data Assets: Learning From Data, Big and Small

When we devote so much time and energy talking about Big Data, are we neglecting the important things that you can do with Small Data?

Maybe, but... probably not.

Looking beyond the Big Data hype helps us to …

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Added by Kirk Borne on August 7, 2013 at 11:00am — 2 Comments

Today's Big Data is Not Yesterday's Big Data

The on-going Big Data media hype stirs up a lot of passionate voices. There are naysayers ("it is nothing new"), doomsayers ("it will disrupt everything"), and soothsayers…

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Added by Kirk Borne on July 31, 2013 at 1:00pm — 4 Comments

Statistical Thinking is not science fiction, but a data science necessity

Over 100 years ago, the great science fiction writer H. G. Wells was credited with saying"Statistical thinking will one day be as necessary for efficient citizenship as the ability to read or write." It is clear that this statement is probably more true today than ever, as Big Data and Analytics are paraded before every aspect…

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Added by Kirk Borne on July 29, 2013 at 9:00am — 3 Comments

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