Tree methods such as CART (classification and regression trees) can be used as alternatives to logistic regression. It is a way that can be used to show the probability of being in any hierarchical
Month: April 2013
I was fortunate enough to have been able to attend the Amazon AWS Summit in NYC and to listen to Werner Vogels give the keynote. I will share a few of my thoughts on the AWS 2013 Summit and some
The gambler’s ruin problem is one where a player has a probability p of winning and probability q of losing. For example let’s take a skill game where the player x can beat player y
This is a brief description on one way to determine the distribution of given data. There are several ways to accomplish this in R especially if one is trying to determine if the data comes from a
The Dirichlet process provides a very interesting approach to understand group assignments and models for clustering effects. Often time we encounter the k-means approach. However, it is neces