3/16/15 10:56 AM
1/13/15 10:00 AM
Many Summiteers are interested in the burgeoning field of ‘data science’: anything and everything useful for learning from data, composed of parts from databases, machine learning, data visualization, programming, and more. Two such enthusiasts, myself and analyst Elizabeth Byerly, decided therefore that the time was ripe to form the Summit Data Science Club.
9/15/14 10:58 AM
Summit staff, including Principal Albert Lee, will be attending the Predictive Analytics World for Government conference in Washington, DC this week. Our staff are excited to learn about the many applications of predictive analytics in government. But the depth of analysis provided by predictive analytics also got us thinking about its more off-beat applications.
7/18/13 10:32 AM
Data is being captured and stored at an enormous rate since the middle part of the last decade. Figure 1, produced by McKinsey Global Institute, provides a breakdown of information captured by each industry in 2009. As more data becomes available, integrating data is becoming a frequent challenge facing organizations. An organization’s data may be stored in separate databases, yet combining these different data sources is a powerful way to gain insight and enhance business decisions.
6/19/13 10:26 AM
The latest Econometrics Seminar Program featured an application of Survival Analysis to the popular novel The Hunger Games. Survival Analysis is a statistical method that seeks to answer questions such as how long a population can survive past a certain time or event and what variables can explain this duration. Data often comes in the form of time until event of interest. The response is referred to as failure time, survival time, or even time. These make up the survival function, which is the probability that the time of event is later than some specific time t.