A Method To Evaluate Teachers!

In the world of scholarly statisticians consisting of  Fisher,Bayes,Gosset and many more, the name William Sanders does not ring a bell, even for some of those in the statistical field. Well, even a simple Google search lists him third, after a writer and basketball player of the same name. Nevertheless, his contribution to the American education system... Continue Reading →

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Dicing with Death: Chance, Risk, and Health

Statistics is the essential foundation for science-based medicine.  Unfortunately, it’s a confusing subject that invites errors and misunderstandings.  Non-statisticians could all benefit from learning more about statistics as well as trying to get a better understanding of just how much we don’t know. Most of us are not going to read a statistics textbook, but the... Continue Reading →

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Of Tampered Results and Cyber Security

It was the first week of June 2013 and the name Debarghya Das was all over the news. Be it digital,print or electronic media, Debarghya Das was the news. The reason? An Indian origin student, and a Cornell university graduate, Das, had hacked into the CISCE website and had single-handedly procured the results of around 1,50,000 ICSE... Continue Reading →

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The “Statistics” of Anecdotes!

  An anecdote is a statistic with a sample size of one. OK, maybe a sample size of a small group of your closest friends and fellow travelers.     Consider this. Suppose you see a hair product advertisement and they tell you that 75% of the females who used this confirmed the product worked... Continue Reading →

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It is fraud to conceal fraud

Fraud analytics is the combination of analytic technology and Fraud analytics techniques with human interaction which will help to detect the possible improper transactions like fraud or bribery either before the transaction is done or after the transaction is done.

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TWITTER SENTIMENTAL ANALYSIS USING R

  Twitter, as we know, is a highly popular social networking and micro-blogging service used by millions worldwide. Each status or tweet as we call it is a 140 character text message. Registered users can read and post tweets, but unregistered users can only view them. Text mining and sentiment analysis are some of the... Continue Reading →

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Amazon go ! Changing the way we shop !

Last week Amazon revealed a concept for a physical store called  Amazon  Go. The new concept has a targeted strategy of eliminating courtesy clerks and instead replacing the labour cost with an app, also called Amazon Go. Here’s how it works: the shopper downloads the app and then while in the store it automatically adds... Continue Reading →

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Demonetisation – Curse or Boon?

Prime Minister Narendra Modi is seeking to know the pulse of the public through a short survey on demonetisation available on the Narendra Modi phone app. He tweeted out urging people to participate in the survey and rate the demonetisation policy. The survey poses 10 questions with some yes or no answers, some detailed answers... Continue Reading →

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Grains, Pulses and Statistics!

The branch of economic statistics that deals with agriculture and is an important tool for state management and planned guidance of socialist agricultural enterprises is agricultural statistics. The principal tasks involved in agricultural statistics are the collection, processing, and analysis of statistical data that characterize the current status and development of agriculture and the fulfillment of production plans.... Continue Reading →

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Using statistics ethically to combat ‘a scientific credibility crisis’

Can statistics increase the value of science to society? Georgetown University's Rochelle Tractenberg, PhD, MPH, PhD, chair of the Committee on Professional Ethics of the American Statistical Association, will discuss "Promoting Ethical Science and Policy With Ethical Statistical Practice" on a panel presenting three disciplinary perspectives on Sunday, February 19, from 8:00 am to 9:30... Continue Reading →

DNA-evidence needs statistical back-up

DNA-evidence is often believed to be a damning evidence, which leaves no space for uncertainty. In reality it is very difficult to say to what degree some piece of evidence can support a case against a crime suspect. That's why forensic experts need statistical models to give weight to DNA-evidence. PhD-candidate Giulia Cereda developed new... Continue Reading →

Puk-Puk-Puk-STATS!

Guest writer: Christopher Leonard, BloombergBusinessweek On Dec. 8, 2009, Joe Sanderson, the chief executive officer of Sanderson Farms, held a routine earnings call with bank analysts. His aim was to reassure them that the company’s recent profits weren’t about to disappear, as the chicken industry’s usual business cycle dictated they would. For decades, poultry had... Continue Reading →

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