Monday 29 February 2016

A useful star sign metaphor for the general concept of fitting models to data : Epoch Research Institute India Pvt. Ltd. (www.epoch.co.in)

A useful star sign metaphor for the general concept of fitting models to data :
 EpochResearch Institute India Pvt Ltd. (SASAuthorised Training : Ahmedabad | Bangalore)


Gregory Lee
Gregory Lee

In “Explaining statistical methods to the terrified & disinterested: A focus on metaphors”, I discuss the usefulness of metaphors for explaining abstract statistical concepts to non-technical readers. This is an approach taken in my new SAS Press book, Business Statistics Made Easy in SAS®, since many readers of this level of book are non-technical, disinterested or downright frightened of statistics.
In this blog, I unpack one such metaphor for fitting mathematical models to data, which may be useful for instructors teaching similar material. This is taken directly from Chapter 11 of Business Statistics Made Easy in SAS®.
The star sign metaphor for fitting models to data

I like the metaphor of star constellations as a picture for data fitting. Think of the stars as data. Nothing in the stars is an exact pattern. But, sometime in history, some Greek turned around to his friend and went “Dude! Those stars over there look like a lion!” Take a look at this picture for the basic pattern of the stars of the constellation Leo.


Leo_1

The photo below shows a hypothetical picture of a lion laid over the stars – you may think of the picture as an exact perfect model of a lion. The stars do not follow the lion picture exactly, but perhaps they come close enough to give agreement that a lion is a good approximation of the pattern.


Leo_2

Your task would be to determine how closely the data (or stars) really fit to the picture of the lion. Plots and certain fit statistics would typically be available for this. If the data does not fit a lion, perhaps there is no shape, or perhaps some other shape will fit well (a dog? a car?). The final shape that fits may or may not be helpful to you – that would be another question, and is discussed in the next major step on interpretation.



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Friday 26 February 2016

6 Predictions For The $125 Billion Big Data Analytics Market in 2015: Big Data Analytics ; Data Mining Science Training @ Epoch Research Institute India Largest SAS Training


EPOCH RESEARCH INSTITUTE OFFER 
SAS TRAINING | SAS CERTIFICATION | SOFTWARE PURCHASE | BUINESS CONSULTING | TECHNICAL SUPPORT ON SAS || SAS STAFFING SOLUTION 

Source: Gil Press, Contributor


The big data and analytics market will reach $125 billion worldwide in 2015, according to IDC. Both IDC and The International Institute of Analytics (IIA) discussed their big data and analytics predictions for 2015 in separate webcasts yesterday. Here are the highlights:
Security will become the killer app for big data analytics

Big data analytics tools will be the first line of defense, combining machine learning, text mining and ontology modeling to provide holistic and integrated security threat prediction, detection, and deterrence and prevention programs. (IIA)
IoT analytics will be hot, with a five-year CAGR of 30%

The Internet of Things (IoT) will be the next critical focus for data/analytics services. (IDC) While the IoT trend has focused on the data generation and production (sensors) side of the equation, the “Analytics” of Things is a particular form of big data analytics that often involves anomaly detection and “bringing the data to the analytics.” (IIA)
Adoption of technology to continuously analyze streams of events will accelerate in 2015—it’s all about speed and small units of data. IoT back end as a service (BaaS) will emerge, as players—including Amazon, IBM IBM -1.2%, andMicrosoft MSFT -1.2%—continue to stitch together a wider variety of platform as a service (PaaS) services, including stream processing, data triggers, indexing and synchronization, and notifications, into more tightly integrated offerings directly marketed to the growing community of IoT developers. (IDC)

Buying and selling data will become the new business bread and butter 70% of large organizations already purchase external data and 100% will do so by 2019. In parallel, more organizations will begin to monetize their data by selling them or providing value added content. (IDC) Companies will double their investment in generating new and unique data. “You can’t go into a data-based business without some unique data that gives you competitive differentiation.” 2015 will mark an inflection point of intentional investment by mainstream firms in generating and monetizing new and unique data sources. (IIA)





Epoch Research Insitute Links:

Email us: info@epoch.co.in
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EPOCH RESEARCH INSTITUTE OFFERS:
Authorized SAS TRAINING | SAS CERTIFICATION | SOFTWARE PURCHASE | BUINESS CONSULTING | TECHNICAL SUPPORT ON SAS || SAS STAFFING SOLUTION 

Label:
#SASELEARNING,#SASELEARNING,#SASONLINETRAINING,
#SASONLINETRAININGFORBEGINNERS,#LEARNSASPROGRAMMINGONLINE,
#SASCLINICALONLINETRAINING,#SASBASEONLINETRAINING
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#CLINICALSASPROGRAMMING, #EPOCHCLINICALSASPROGRAMMING.

Placement Update @ GSK !! : Epoch Research Institute SAS Training: Clinical SAS Training: epoch research institute (Ahmedabad, Bangalore, Chennai, Hyderabad, Delhi)

Epoch Research Institute SAS Training : Clinical SAS Programmer Course. 
 Placement SAS Training Epoch Research Institute
Placement Update: SAS Training Epoch Research Institute Bangalore, Business Analytics

Placement Update: 
   Clinical  SAS Training ,SAS Business Analytic, Big Data, Predictive Modeling                                                                      Epoch Research Institute 
Hearty Congratulation's to     Konda Reddy (Students @ Epoch Research SAS Training)

for Getting Successfully Selected @ GSK, Bangalore
for a Role of Clinical SAS Programmer 
We wish you success in years to come ..!!!


Feedback & Review: 


After working for 8 years in research field in UK. I have to return home. I joined Epoch Research Institute as it is on SAS Accredited Institute to learn Clinical SAS Programming. Being an experience professional made me think to invest this amount or not. But looking at placement record and feedback and review from alumni help me to take up this course. 

trainers Shashank and Likith made it comfortable journey and kept on advising me on course and how clinical SAS programming course would help me craft my future. 

During course I had few complaints; but sincere thanks to Dharmesh for sorting out and made me focus on course study then other things. It really helped 

Thanks to Komala for placement assistance and referring my CV to GSK.

Thanks to all non-teaching Staff and teaching staff of Epoch.

Name- Konda Reddy
Education- BSC and MSC
Course@Epoch-BCSP
Placed at- GSK
Designation- Clinical SAS Programmer




Epoch Research Insitute Links:

Email us: info@epoch.co.in
SAS Training & Placement Programs with Internship: Epoch Research Institute India Largest and Oldest #SASTraining Institute (#epochsastraining)

EPOCH RESEARCH INSTITUTE OFFERS:
Authorized SAS TRAINING | SAS CERTIFICATION | SOFTWARE PURCHASE | BUINESS CONSULTING | TECHNICAL SUPPORT ON SAS || SAS STAFFING SOLUTION 

Label:
#SASELEARNING,#SASELEARNING,#SASONLINETRAINING,
#SASONLINETRAININGFORBEGINNERS,#LEARNSASPROGRAMMINGONLINE,
#SASCLINICALONLINETRAINING,#SASBASEONLINETRAINING
#BIGDATASASTRAININGEPOCH,#SASBIGDATATRAINING #EPOCHRESEARCHINSTITUTE, #SASTRAINING, #EPOCH SAS FEEDBACK,
#CLINICALSASPROGRAMMING, #EPOCHCLINICALSASPROGRAMMING.

How to code in Python with SAS 9.4 by Epoch Research Institute

The SAS® platform is now open to be accessed from open-source clients such as Python, Lua, Java, the R language, and REST APIs to leverage...