NEW YORK — New York City will provide $15 million to help Columbia University create a new Institute for Data Sciences and Engineering, Mayor Michael Bloomberg and university officials announced Monday.



Columbia will contribute at least $80 million in private investment for the institute and will hire 75 new faculty members by 2030, university officials said.



"This is probably the most exciting moment that I can think of in the school's…

Actuarial Jobs in India are increasing and this is because of the growth of Indian Insurance sector in recent times, attracting attention of young Indian talent towards this field from around the globe. The sector has witnessed lot of growth and changes in last 3 - 4 years. Apart from Private insurance players, there are many MNC’s which are recruiting qualified Actuaries at large. Remuneration is not in Par with the international market. However, things are improving very fast.…

Weekly digest from Data Science Central, Analytic Talent and AnalyticBridge:

• Hadoop on Windows Server and Azure…

With the Summer Olympics starting this week in London, an estimated 10,500 athletes from 204 countries will gather to compete in 302 events within 26 sports. Every single one of these competitors has worked tirelessly to bring home the gold for their country and earn the honor of becoming a globally recognized Olympic champion in their sport.

While having world class skills is an important asset for any champion, the drive to compete and edge out their competition is critically…

I have extracted 4 pages from the ECB FSR of June 2011 to a summary '.pdf' file;

these pages are a box in that FSR (if u are familiar with the FSR you will gettit); the box is titled;-

COMMON TRENDS IN EURO AREA SOVEREIGN CREDIT DEFAULT SWAP PREMIA

& it contains a beautiful & succint description of how the ECB uses the PCA technique in this space.

I have placed the summary file on a url on my website (for…

Is it possible to use data mining techniques to predict how many medals each nation will win at the Olympic Games?  What is it about a nation that allows it to produce Olympic medal-winning athletes?  Why do some countries take home a bundle of medals while others don't?  As we think more and more about it, it quickly becomes clear that the why’s behind the medal counts at the Olympics are complex.…

To signup go to - http://www.crowdanalytix.com/contests/data-mining-accelerating-drug-discovery-by-text-mining-of-patents/

The objective of this contest is to use advanced analytics, text mining and visualization methods combined with domain knowledge, ontologies and frameworks to support and accelerate the process of drug…

Java is the most widely used programming language with an outstanding architecture. It is the top preferred language to develop the enterprise application. However, Java is not fit for the mass data computation. If encountering the computation that is too complex to be represented in a single SQL statement or it is not allowed to add stored procedures to database, then drawbacks of Java would be highlighted.

Hereby is a case on how to deal with above questions with…

From Posteriors to Priors via Cycles: An Addendum

Martin F. Hellwig

Max Planck Institute for Research on Collective Goods

April 21, 2011

Abstract

Rodrigues-Neto (2009) has shown that a given specification of posteriors of different players in an incomplete-information setting is compatible with a common prior if and only if the posteriors satisfy the so-called cycle equations. This note shows that, if, for any player, any…

If you aren’t paying close attention to the messages in Web Report Studio, you may run into some puzzling issues.  The messages that SAS produces may not be obvious enough if you are expecting a different behavior, thus making troubleshooting a bit difficult.

Gotcha 1: Why Won’t My Changes Save?

This reminder comes from Shri Sastry.  She had asked a co-worker to make a simple change to a Web Report Studio and she  noticed…

Job ads posted on our sister website AnalyticTalent can be posted on AnalyticBridge as well as on our three LinkedIn groups:

• Advanced Business Analytics, Data Mining and Predictive…

Read our data science, big data and analytics weekly digest.

1. How to Develop Big Data Solutions with Apache Hadoop…

http://www.progressfoundation.ch/pdf/autoren/132_Neil%20Wallace_E.pdf

" The Lucas Critique "

http://pareto.uab.es/mcreel/reading_course_2006_2007/lucas1976.pdf

Richard T. Ely Lecture
Beliefs, Doubts and Learning: Valuing Macroeconomic Risk
By Lars Peter Hansen

http://cowles.econ.yale.edu/conferences/koopmans/tck08/hansen4.pdf

Change and Expectations in Macroeconomic Models:

Recognizing the Limits to Knowability

Roman Frydman and Michael D. Goldberg

March 13th, 2012

http://www.ifw-kiel.de/konfer/staff-seminar/paper/2012/Frydman_paper.pdf…

I remember my Professor giving me a photocopy of this [1st reference below] (cf also what is known as K&P '1982'] & I went and sat down in an empty 'Adam Smith' library and read it; it was hot and sunny outside & I did not make sense of one single word, there was alot of that going on that year (1985) but I read it again & made notes in pencil on a pad of accounting paper I remember (vividly); then I went to the park (Glasgow is full of Victorian Parks, its nickname…