Statistics

September Blues: The Role of Statistics and Psychology in Financial Ma...

September has arrived. For market participants it is not only the time to return to their offices after summer vacation, but...
3 min read 134

Making Your First Analytics Hire? Don’t Make It a Data Scientist

There is a disconnect that often exists when an organization is just getting started with analytics. One of the key factors...
6 min read 113

Data: It takes a village, but the buck has to stop somewhere

I’ve said many times: too often, an existing function implicitly assumes data responsibilities in organizations that struggle with data management (for...
4 min read 184

I think I’m responsible for data… am I?

It’s more times than I can count on one hand. A business or technology leader tells me they have a lot...
4 min read 190

The Quality of Analytics Practice: Making It Happen

In my previous blog, “Who is looking after the quality of your analytics?”, I talked about what it meant to ensure...
5 min read 129

Who is looking after the quality of your analytics?

We talk a lot about using analytics to improve the quality of something else. But when was the last time you...
6 min read 179

How to Automate Analytics Professionals Out of Their Jobs

I would be a big fat liar if I say I have never wasted time. I’ve been unproductive and procrastinated plenty...
4 min read 157

The Math Behind: Everything about Principle Component Analysis (PCA)

PCA reduces the dimensionality of data points that are in many spaces. Some ready codes and libraries allow coders to create...
4 min read

The Business Value Problem with Analytics

Analytics has a value problem. This is not new. In fact, we have been talking about this for decades. That notorious...
5 min read 278

Simulating Popular Distributions in Python

Interest in machine learning and data science has been growing at a rapid rate in recent years. More and more students...
3 min read

The disparity – Correlation vs Causation

We humans love to hear and tell stories. We are destined to naturally look for patterns in our day to day...
4 min read 375

How do Regression Trees Work?

Previously we spoke about decision trees and how they could be used in classification problems. Now we shift our focus onto...
7 min read