The Multinomial Distribution in R

The Multinomial Distribution in R, when each result has a fixed probability of occuring, the multinomial distribution represents the likelihood of getting a certain number of counts for each of the k possible outcomes....

Not Satisfied with statistical significance (p-value)

Not Satisfied with statistical significance (p-value), statistically significant is how humans prefer to categorize something. The same argument debated for almost ten years. People have asserted that statistical significance offers the benefit of simplicity...

How do augmented analytics work?

How do augmented analytics work?, By providing business users with intuitive, clever tools for data preparation, analysis, and visualization, augmented analytics enables organizations to make more data-driven decisions more quickly. A knowledge of augmented...

The Uniform Distribution in R

The Uniform Distribution in R, A uniform distribution is a probability distribution where each value in the range from a to b has an equal chance of being selected. The following formula can be...

The Role of Data Science in Preventing Fraud

The Role of Data Science in Preventing Fraud, Since about 15 years ago, data mining has been dubbed the “new oil rush,” yet the techniques for processing the unprocessed, unrefined data and the devices...

LAB to Delta E conversion in R

LAB to Delta E conversion in R, First we need to understand what is Delta E. The “distance” between two colours is represented by a single integer called delta-E. It’s alluring to just contrast...

R Percentage by Group Calculation

R Percentage by Group Calculation, one of the most common tasks is calculating percentages within groups. Whether you’re working with sales data, customer segments, survey responses, sports statistics, or business analytics, understanding how to...

How to Apply AI to Small Data Sets?

How to Apply AI to Small Data Sets? Data science and artificial intelligence collaborate to better gather, classify, analyze, and interpret data. But all we constantly hear about is employing AI to comprehend huge...