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Analytics
Melissa Savage 0
Analytics helping transportation officials get the job done in tight financial times

The American Association of State Highway Transportation Officials recently released a top 10 list of transportation issues that will be “talked, written or tweeted and legislated about” in 2012.   As expected, funding constraints and Congressional action on reauthorization appear on the list but the group also notes that natural disaster

Advanced Analytics
Rick Wicklin 0
Use the Cholesky transformation to correlate and uncorrelate variables

A variance-covariance matrix expresses linear relationships between variables. Given the covariances between variables, did you know that you can write down an invertible linear transformation that "uncorrelates" the variables? Conversely, you can transform a set of uncorrelated variables into variables with given covariances. The transformation that works this magic is