Data Intelligence, Business Analytics
With health care and medical fraud costing consumers over $100 billion dollars in the United States alone, there has never been a more important time for…
Added by Andrew Marane on December 7, 2011 at 2:55pm — No Comments
This article was published in many publications / newspapers over the last few days, see e.g. http://www.foxnews.com/scitech/2011/12/06/many-earths-out-there-nearly-all-kepler-planets-may-be-real-deal/.
What's very interesting is that planet detection is based entirely on statistical technology: the planets can't be seen no matter how powerful your…Continue
Added by Richard on December 6, 2011 at 9:00pm — No Comments
Added by Vincent Granville on December 4, 2011 at 6:27pm — No Comments
Added by Vincent Granville on November 30, 2011 at 1:30pm — No Comments
By Brian Bloch | Investopedia – Fri, Nov 25.
It is no secret that various people or bodies within the financial services industry will say or write whatever will sell the products, rather than what is actually true and correct. For this reason, buyers may be more inclined to rely on what they think is hard evidence – in the form of statistics and charts. Regrettably, one…Continue
Added by Jean-Paul Rasson on November 27, 2011 at 11:30am — No Comments
We've experienced a number of small Internet problems that were easily fixed, just before Thanksgiving. But there was one attack that looked very weird, and the motivation behind this failed plot is obscure. Most likely, our publication of new material to better and automatically detect scammers on social networks probably triggered the retaliation. We've experienced this type of retaliation in the past, when…Continue
Added by Marcel Remon on November 26, 2011 at 10:30am — No Comments
(Reuters) - Exchange operator CME Group Inc (NasdaqGS:CME) fined Infinium Capital Management, a U.S. high-frequency trading firm, a total of $850,000 for three separate computer malfunctions that rattled futures markets in 2009 and 2010.
Infinium trading programs malfunctioned on October 7 and again on October 28, 2009, causing uncontrolled selling of e-mini contracts on the Chicago Mercantile Exchange. Then on February 3, 2010, the firm…Continue
Added by Marcel Remon on November 25, 2011 at 7:23pm — No Comments
In this recent editorial about the Occupy Wall Street movement, Richard Kim profiles a protestor that despite having a master’s degree can’t find a job. This particular protestor quit his job as a school teacher three years ago and took out a $35K student loan to obtain a master’s degree in puppetry from the University of Connecticut. I…Continue
Most analytic people would agree that lottery is a tax on the innumerate. However, for this statement to be true, we need to assume that winning numbers (and any combination of digits from these numbers) are truly random. If not, of course smart people are going to find and devise algorithms to increase their odds of winning, and/or will try to sell their magic "winning numbers" to idiots. …Continue
read more here: …Continue
Added by Cristian Mesiano on November 23, 2011 at 3:05pm — No Comments
And to feed billions more humans! There has been lots of research and development to improve farming over the last 6,000 years. This includes irrigation, crop rotation, fertilizers, insecticides, genetic engineering, building skycrapers where vegatables are grown on each floor, etc.…
Added by Amy on November 18, 2011 at 9:00pm — No Comments
The recent attack on Facebook (with almost a billion users exposed to porn and violence spread by spammers), as well as the unreported / undetected attack on Yahoo Finance - with thousands of fake members posting comments against "Occupy Wall Street" (where 5 days ago thousands of possibly fake posters were posting comments in favor of this movement) raise questions about the business value of hiring data scientists, based on the…Continue
We tested how Google and Bing are vulnerable to sophisticated algorithmic attacks that could potentially erase all paid ads and organic search results on search engines.
An algorithmic attack is defined by the following…Continue
Source: Joshua Kitlas.
I have been working on this (mostly) annotated collection of tools and articles that I believe would be of help to both the data dabbler and professional. If you are a data…Continue
Cloudera founder Christophe Bisciglia unveiled his new startup Odiago this morning, giving to the business side scoop to TechCrunch and the technical details to Curt Monash. The company is launching a product called Wibidata (“we be data”) specializing in…Continue
Added by Vincent Granville on November 17, 2011 at 6:45pm — No Comments
I have become interested in the new micro-economic foundations of Macro - Rational Expectations Economics (in the context of irrational macro-policy design, particularly visible in the EuroZone); here are two interesting papers from one seminar at Warwick, link below abstracts ..
A MODEL OF REFERENCE-DEPENDENT PREFERENCES
*BOTOND KO˝SZEGI AND MATTHEW RABIN
ABSTRACT: We develop a model of…Continue
Added by John A Morrison on November 14, 2011 at 9:30am — No Comments
I was working on the post related to the relation between IFS fractals and Analytical Probability density, when an IT manager contacted me asking an informal opinion about a tool for Neural Networks.
Added by Cristian Mesiano on November 13, 2011 at 9:35pm — No Comments
There's apparently a shortage of analytic talent to fill these new "yield optimization scientist" and similar positions created by ad agencies. Since I get lots of resume each week from stellar, perfectly qualified candidates who want their resume posted on DataShaping, and few if any request from hiring managers looking to fill these positions, I think that
Added by Vincent Granville on November 13, 2011 at 5:00pm — No Comments
by Ravi Kalakota
Hadoop is an emerging framework for Web 2.0 and enterprise businesses who are dealing with data deluge challenges – store, process and analyze large amounts of data as part of their business requirements.
The continuous challenge online is…
Added by Vincent Granville on November 12, 2011 at 2:55pm — No Comments