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 →
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 →
We have good few women in the market research team, while I lead the Analytics department, where I am the only lady; since it is not easy to find a woman Analyst with desired skill sets.
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 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 →
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 →
The Role of Statistics in Mathematics It should seem obvious that statistics plays a key role in mathematics considering it’s a branch of applied mathematics. However, statistics is in more than just its own separate branch of math. You can find statistical techniques in integration, differentiation, and algebra, and you can find those in... Continue Reading →
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.
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 →
Here's another TED talk by Stefan Larsson, on how doctors and surgeons can improvise healthcare by constantly updating each other on their recently gained knowledge. Starting off from the goal of cutting the cost, his team along with him, pioneered a method to reduce the money spent on healthcare as well as improve the quality of... Continue Reading →
You may have already seen one of our articles on how Netflix uses statistics to reduce piracy and another article on the movie Moneyball, and how statistics was used to change the way baseball was looked at. Here's a TED talk by Anne Milgram, who came up with the idea that statistics and data could play an... Continue Reading →