24 Uses of Statistical Modeling (Part I)
Here we discuss general applications of statistical models, whether they arise from data science, operations research, engineering, machine learning or statistics. We do not discuss specific algorithms such as decision trees, logistic regression, Bayesian modeling, Markov models, data reduction or feature selection. Instead, I discuss frameworks - each one using its own types of techniques and algorithms - to solve real life problems. Most of the entries below are found in Wikipedia, and I have used a few definitions or extracts from the relevant Wikipedia articles, in addition to personal contributions. Spatial dependency is the co-variation of properties within geographic space: characteristics at proximal locations appear to be correlated, either positively or negatively. Methods for time series analyses may be divided into two classes: frequency-domain methods and time-domain methods.
Mar-27-2016, 16:00:50 GMT