PRESS RELEASE: STATISTICS.COM ACQUIRED BY ELDER RESEARCH

Statistics.com Acquired by Elder Research Acquisition Will Provide Focused Corporate and Individual Analytics Training Arlington, VA, January 29, 2020 - The Institute for Statistics Education at Statistics.com is excited to announce that it has been acquired by Elder Research, Inc, a Machine Learning, Data Science,…

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Choosing the Right Analytics Problem

The “streetlight effect:”  A man is looking for his keys under a streetlight.   Policeman:  “Where did you lose them?”   Man:  “In the alley, near the door to the bar.”   Policeman:  “Why are you looking here?”   Man:  “The light’s better.”   This is related to the more…

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Book Review: Mining Your Own Business by Gerhard Pilcher and Jeff Deal

This is a short book, Mining Your Own Business: A Primer for Executives on Understanding and Employing Data Mining and  Predictive Analytics" befitting its intended audience - managers and executives with responsibility for data science and analytics projects.  It outlines the requirements for success - not technical model…

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Jan 29: Statistics in Practice + Announcement

This week we discuss the importance of choosing the right analytics problem, with a guest blog from Elder Research, Inc., a data science and analytics consulting and training company, with whom we have just joined forces.   Our course spotlight is on: Feb 14 - Mar 13:  Design…

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Jan 20: Statistics in Practice

This week’s Brief takes a look at ethical dilemmas in data science.  Our course spotlight is on  Feb 21 - Mar 20:  Network Analysis See you in class! - Peter Bruce, Founder and President The Institute for Statistics Education at Statistics.com Ethical Dilemmas in Data…

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Ethical Dilemmas in Data Science

Know those ads that follow you around the web, as a result of tracking cookies?  Many see them as an invasion of privacy, and EU rules made them subject to user consent.  Google recently announced that Chrome will eventually stop supporting these cookies.  A win…

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Kernel function

In a standard linear regression, a model is fit to a set of data (the training data); the same linear model applies to all the data.  In local regression methods, multiple models are fit to different neighborhoods of the data. A kernel function is used…

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Jan 13: Statistics in Practice

        In this Brief, we look at prosaic, but lucrative applications of predictive analytics and forecasting to the automotive industry.  Our spotlight is on our 3-course Predictive Analytics Mastery Series. Start this week with: Jan. 10 - Feb 7:   Predictive Analytics…

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Industry Spotlight: Clinical Trials

 “Complete Your Clinical Trial With Our File Data” Clinical trials that support new drug development can cost over a billion dollars.  A new industry has popped up - data collectors and aggregators that provide digital data from their files as evidence in pharmaceutical clinical trials.…

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Not Glamorous, But Lucrative

What do stormy days, weekend evenings, and the last day of the month have in common?  They are all good times to negotiate a good price for a new car. Inclement days yield less customer traffic in auto showrooms, which is good for the buyer. …

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Jan 6: Statistics in Practice

Happy New Year! We are grateful for your continued support and appreciate your interest in learning more about statistics, analytics, and data science. In this new year, think of your learning as an investment both in the future of your company and your career. Below are courses, certificates, and…

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