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Regression – a very optimisation problem: let’s reduce the residues
Apparently, the noun regression means “A return to a less developed state”. In statistics, it means a “A a measure of the relation between the mean value of one variable (e.g. output) and corresponding values of other variables (e.g. time and cost)“. Basically we are trying to find a relationship or a pattern within some…
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From Debt to Dividend: Harnessing Data Exhaust for Strategic Advantage
Data is far from being a plain subjects. Aeroplanes, airport, airlines captures a lot of data that support its operations. Analytical use of the data through Analysis & Intelligence & AI inform decision makers and the public about noise and use of Heathrow Airspace. However, massive amounts of unintentional, background data generated by digital activities…
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Bridging the Data Divide in AI: Challenges and Opportunities
We are experiencing a significant gap between business leaders’ ambitious goals. The actual use of data is not meeting those aims[1]. Recent key findings from the industry highlight gen-AI may not be as valuable as anticipated. Data strategies are not meeting the needs of gen-AI. Other forms of AI are also affected. Source: https://info.softserveinc.com/the-great-data-divide (access…
