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…

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: …

On August 17, an article appeared in the New York Times with the title "Is Big Data an Economic Big Dud?" A colleague of mine provided a very brief summary of the article in…

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…