Statistics - List of the many different things there are
Yes yes...I did not post even one new thing in the last month and a half (let alone at least one new thing a week)...thats behind me now.
Let's see. I was thinking of what to write for my work term report. My initial idea was on something software related - may be something about the HMVC pattern, or HTML5 or Flex etc...Going through my cyclic rounds of brain storming, I was reminded of an old love (something I am still interested in, but have not seen in sometime)...Business Intelligence/Data mining.
Business Intelligence to me is being able to make effective decisions using all the data you have in hand. Using as in understanding what the different variables are, what they mean, the relations between them, what are those variables now - so what can I say about the future. Its about understanding the past and present to make decisions for the future.
Statistics can help us on the part about the relation between the different variables. There are many many different methods statistics has. I guess I can read a text book on what these methods are, how they work and what are they useful for...but that would take too much time. And if I ever need to refer back, will take even more time.
So here is what I though - I am going to maintain a blog post where I keep adding information about statistical methods bit by bit - name, how it works, and where is it useful. If something is too obvious like "averages" I may not have a write up for it (though I still plan to list such things).
Let's see. I was thinking of what to write for my work term report. My initial idea was on something software related - may be something about the HMVC pattern, or HTML5 or Flex etc...Going through my cyclic rounds of brain storming, I was reminded of an old love (something I am still interested in, but have not seen in sometime)...Business Intelligence/Data mining.
Business Intelligence to me is being able to make effective decisions using all the data you have in hand. Using as in understanding what the different variables are, what they mean, the relations between them, what are those variables now - so what can I say about the future. Its about understanding the past and present to make decisions for the future.
Statistics can help us on the part about the relation between the different variables. There are many many different methods statistics has. I guess I can read a text book on what these methods are, how they work and what are they useful for...but that would take too much time. And if I ever need to refer back, will take even more time.
So here is what I though - I am going to maintain a blog post where I keep adding information about statistical methods bit by bit - name, how it works, and where is it useful. If something is too obvious like "averages" I may not have a write up for it (though I still plan to list such things).