From Data Science

Hume's turkey lives on a farm. From this turkey's perspective life is good. Of course, there are bad days . . .

From Data Science

A Data Scientist I is responsible for analyzing and interpreting complex data sets to help businesses make informed decisions. This role involves designing experiments and creating predictive models. Often the primary value add for the business is communicating data-driven insights to stakeholders.

From Data Science

Counterfactual analysis can be used to determine the lift of a campaign or ad.

From Data Science

Attempts at controlling extreme risk should come with a warning, here be dragons.

From Data Science

As a data scientist you are probably familiar with coding. But what happens after you build your model. You can't ship a python notebook.

From Data Science

This week I spent some time thinking about what data I want in my data warehouse.

From Data Science

That is because perceptions are hard to change. Perceptions are like averages in that respect. It doesn't matter . . .

From Data Science

Watch this video first! You are going to have a hard time with this blog if you don't.

From Data Science

The goal of this visualization is less to present a specific narrative and more to provide a tool that gives a decision maker or interested person the ability to look into the data themselves.

From Data Science

I was interested in the churches role and influence in Africa so i looked up some numbers. Just the facts; no song and dance.

From Data Science

The job of a datascientist is to separate signal from noise. Signal represents valuable consistent relationships that we want to learn. Noise is the random correlations and stuff that will not occur again in the future.

From Data Science

Naked Economics Chapter 8 Summary: Boiled down to a simple idea, the tail effectively wags the dog.

From Data Science

There are two issues with this number. First you will run into trouble if you look for averages where there aren't any.

From Data Science

Hate is a strong word. But I do hate seeing averages used as KPIs. The problem is . . .

From Data Science

To confuse them is to literally confuse a thoughtful response with failing to respond.

From Data Science

Did you know what three Excel shortcuts save the most time? A: Cut, copy, paste.

From Data Science

Did you know what three Excel shortcuts save the most time? A: Cut, copy, paste.

From Data Science

Do you remember what that is called?

From Data Science

It is a romantic suggestion that a neighborhood will come together in tragedy, albeit temporarily. However, anecdotal evidence does suggest that under such circumstances the criminal element will lay low and bide its time until the heightened level of caution and police presence subsides. While this makes intuitive sense, is there evidence to support such a conclusion?

From Data Science

Attempts at controlling extreme risk should come with a warning, here be dragons.

From Data Science

Attempts at controlling extreme risk should come with a warning, here be dragons.

From Data Science

Before and After. This is a basic comparison of means for the time periods before and after treatment. For this specification we assume that Y in the post-treatment period is equal to Y in the pre-treatment period in the absence of treatment.

From Data Science

I was interested in the churches role and influence in Africa so i looked up some numbers. Just the facts; no song and dance.

From Data Science

This is my methodology / algorithm for completing a literature review on any given topic.

From Data Science

If we develop a company specific factor model of the risk premium that includes these variables among other significant variables, we should be able to identify company specific traits with explanatory power.

From Data Science

This site will take any document (blog) and reduce it to it’s key themes. I can think of several interesting applications for introspection and pre-reading . . .

From Data Science

Naked Economics Chapter 13 Summary: Boiled down to a simple idea, we can split that atom, land on the moon, decode the human genome, yet two billion people live on less than $2 a day. Their economies have failed them.

From Data Science

Naked Economics Chapter 10 Summary: Boiled down to a simple idea, prices rise when the government prints too much money.

From Data Science

Naked Economics Chapter 9 Summary: Boiled down to a simple idea, a country’s standard of living depends on its ability to produce.

From Data Science

Organized Interests definition: a group of people or an organization seeking or receiving special advantages, typically through political lobbying. Another term is special interest.

From Data Science

According to, A Monetary History of the United States, ineffective monetary policy accompanied every severe recession and every significant inflationary period over the past and century

From Data Science

Keynes provided an alternate school of thought and a solution. Keynes introduced the idea of marginal propensity to consume; a number that indicates a persons likeliness to spend an extra dollar. He used this to develop his solution, government spending on public resources so as to fill the gap left by consumption and investment.

From Data Science

Naked Economics Chapter 2 Summary: Boiled down to a simple idea, be wary of what you wish for because it might not be what you want. Incentives matter but like a genie in a bottle they are problematic.