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Data mining, statistics, & AI

Analytica provides built-in functions for data exploration and analysis, including quick summaries, descriptive statistics, regression, and Monte Carlo simulation. Here are some example applications that include the implementation of classification trees, artificial intelligence, and multilayer machine learning methods.

How to update y = m x + b with new data

Abstract: Bayesian linear regression made super easy and intuitive! You arrive in a new city for the first time, and you’ll …

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How the strange Cauchy distribution proved useful

On Tuesday I had an interesting exchange with Jorge Muro Arbulú, a professor in Peru, about the Cauchy distribution, which also called the Lorenzian distribution.

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World Cup Soccer. How much does randomness determine the winner?

A few years ago France beat Croatia in the World Cup final. Congratulations to France for winning the last world championship! And also to Croatia for making it to the final...

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An Analytica model that recognizes images

I had a lot of fun building and playing with an Analytica model that analyses the pixels of an image to figure out what it is an image of. It implements the resnet18 model...

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Latin hypercube vs. Monte Carlo sampling

In a post on LinkedIn, David Vose argues that the advantages of Latin Hypercube sampling (LHS) over Monte Carlo are so minimal that “LHS does not deserve a place in modern...

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Statistical analysis for decision support tools with A/B testing

Like retail storefronts with well-dressed mannequins, many internet-facing businesses seek to design their webpages with artistry and easily usable services to meet their goals.

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Standard deviation or standard error

Figuring out what people mean is important. Are they talking about standard deviation? Or about standard error? Or do they consider the two things to be equivalent?

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Data modeling without tears: perils & pitfalls to avoid

If a model is to yield a result, it needs data. Data are described by a data model, sometimes very simple (‘year’); sometimes more complex (energy consumption by type of energy, ...

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Data mining, statistics, & AI clients