Abraham Wald, a persecuted Jewish mathematician who fled Austria just before World War II, led an analysis of allied bombers returning from missions. Hitherto, the Air Force had focused on reinforcing areas that showed the most damage on return. Wald convinced them instead to focus on the areas that consistently showed no damage. He reasonedContinue reading “Industry Spotlight – The Military”
Category Archives: Programming
Course Spotlight: The Text Analytics Sequence
Text analytics or text mining is the natural extension of predictive analytics, and Statistics.com’s text analytics program starts Feb. 6. Text analytics is now ubiquitous and yields insight in: Marketing: Voice of the customer, social media analysis, churn analysis, market research, survey analysis Business: Competitive intelligence, document categorization, human resources (voice of the employee), recordsContinue reading “Course Spotlight: The Text Analytics Sequence”