Statistical modeling lies at the heart of data science. Well-crafted statistical models allow data scientists to draw conclusions about the world from the limited information present in their data. In ...

Discover the power of predictive modeling to forecast future outcomes using regression, neural networks, and more for improved business strategies and risk management.

Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional ...

Statistical models predict stock trends using historical data and mathematical equations. Common statistical models include regression, time series, and risk assessment tools. Effective use depends on ...

While data is easier than ever to collect and store, knowing what to do with it and how to analyze it is a challenge, especially for those without the proper training. From boosting customer ...

CANTERBURY, ENGLAND—According to a statement released by the University of Kent, Alastair Key and David Roberts of the University of Kent, and Ivan Jarić of the Czech Academy of Sciences applied ...

Kevin Dayaratna was Director of the Center for Data Analysis and Chief Statistician for Heritage. A variety of statistical tools can detect potential breaches in the integrity of elections. These ...

Design for parametric yield is becoming a key aspect of designing to improve yield. IC manufacturing processes are subject to fluctuations in electrical parameters, and these must be accounted for ...

Researchers think they've solved the 2,200-year-old mystery of the Antikythera mechanism. The ancient device, found in a shipwreck, likely followed a Greek lunar calendar. They used statistical ...