"In that case, what you can do is:
Create a linear combination of the variables (predictors), say, LC = a+b1*x1+...+bN*xN
a, b1,...bN being known numbers (as opposed to parameters to be estimated). For example:
LC = 12.64+0.32*x1+...-0.987*xN
"One possible way to simulate values for the dependent variable can beto use a conditional distribution estimated from the small data you have. This is somewhat extending Ralph's recommended method of using a suitable joint distribution to…"
"Is it not like ... since such a well known deadly omen's sitings has been publicised and it has also been publicised that many people are exiting the market, many more will tend to follow suit - and this herd behavior itself will fulfill the…"
"I agree with Paul.
Analytics can be a powerful device for the high-level decision makers when used optimally incoprorating all aspects of a business. For instance, if marketing wants to show good numbers by acquiring any customer it can without any…"
I've noticed that some people are insisting on continued use of the existing predictive models (in both marketing - e.g., acquisition, cross/up-sale models, and survival models for LTV estimation and risk practices - e.g., PD models, survival models for time to default estimation), that were in place before 2008/the latest recession. As expected, I've also noticed some major change in distribution of certain important variables (e.g., expendture under different spend-categories, loan…See More
"Game Thoery: It did help develop a nice structured and logical approach towards problems - extremely helpful in strategic thinking
Econometrics (both Theoretical and Applied) : It appealed because of it's ability to discern useful information…"
At the time of financial crises we need to come together united and try to solve the problems which are responsible for such a hazard. We need to overcome it. It is meant to bring calm to the population and markets and display government strength and stability. In our contry jobs are cut in the in the number of millions, In our country many bad elemts of the society teaching youngsters the Directions for how to play craps games and start ruining their life and those innocent youngsters are misleaded by those.
Would you consider a senior analyst role in a Bangalore based start up in the Web 3.0 technology space and the media domain ; I have posted the job in the discussion forum page ,
Well the scenario is pretty stright forward. A client has the job of manually inspecting and recoding the defects in some of the installed structure across the golbe. Field staff will go and collect the data and they will be providing data ina semi structured form. Goal is to find keywords and store in the predefined DB.