Alaskan Generosity

People in Alaska are extraordinarily generous - that's what a predictive model showed, when applied to a charitable organization's donor list. A closer examination revealed a flaw - while the original data was for all 50 states, the model's training data for Alaska included donors,…

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Job Spotlight: Digital Marketer

A digital marketer handles a variety of tasks in online marketing - managing online advertising and search engine optimization (SEO), implementing tracking systems (e.g. to identify how a person came to a retailer), web development, preparing creatives, implementing tests, and, of course, analytics. There are…

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Examples of Bad Forecasting

In a couple of days, theWall Street Journalwill come out with its November survey of economists' forecasts. It's a particularly sensitive time, with elections in a few days and President Trump attacking the Federal Reserve for for raising interest rates. It's a good time to…

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Be Smarter Than Your Devices: Learn About Big Data

When Apple CEO Tim Cook finally unveiled his company's new Apple Watch in a widely-publicized rollout earlier this month, most of the press coverage centered on its cost ($349 to start) and whether it would be as popular among consumers as the iPod or iMac.…

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Statistics.com Partners With CrowdANALYTIX to Offer New Online Course With Crowdsource Contest As Project

Crowdsourcing, using the power of the crowd to solve problems, has been used for many functions and tasks, including predictive modeling (like the 2009 Netflix Contest). Typically, problems are broadcast to an unknown group of statistical modelers on the Internet, and solutions are sought. Every…

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