Wavelet analysis is an exciting and relatively new field of study that enables one to extract underlying patterns either from spatially varying or temporally varying data. Pixel values representing the relative brightness and color that constitute an image are an example of spatially varying data, and daily variations of financial
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How WAVELETS can help separate the signal from the noise
How incremental response modeling can help you reach the right target group more precisely
Did you know that more than 30,000 Americans die in traffic accidents every year? Interestingly, the U.S. import of mangoes from Brazil is found to be highly correlated with this fatality rate, as shown in the graph below. But are mango imports a good indicator of the future traffic fatality