Digital twin development: Why simulations are critical
SAS' Bahar Biller reveals how simulations enable KPI generation, risk quantification, risk management and more.
Tag: Simulation
Simulate the null distribution for a hypothesis test
Recently, I wrote about Bartlett's test for sphericity. The purpose of this hypothesis test is to determine whether the variables in the data are uncorrelated. It works by testing whether the sample correlation matrix is close to the identity matrix. Often statistics textbooks or articles include a statement such as
Hooked on data science: gamification drives engagement among students and trainees
While studying business intelligence as an undergraduate student at business school HEC Montreal, Camille Duchesne encountered Cortex, an analytics simulation that pits participants against each other to develop the most accurate models for a particular task. In this case, the simulation supports a fictional charity by predicting which subjects from