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Outlier Detection Gets a Makeover - Surprise Discovery in Scientific Big Data feature

  • Authors: Kirk Borne
  • Published Date: Sep 16, 2014

Novelty and surprise are two of the more exciting aspects of science – finding something totally new and unexpected can lead to a quick research paper, or it can make your career. As scientists, we...

A Day in the Life of Explanatory Variables and Confounding Factors feature

  • Authors: Kirk Borne
  • Published Date: May 06, 2015

Would we trust an insurance provider who sets motorbike insurance rates based on the sales of sour cream [1]? Or would we schedule our space launches according to the number of doctoral degrees...

Kurtosis: Four Momentous Uses for the Fourth Moment of Statistical Distributions feature

  • Authors: Kirk Borne
  • Published Date: Apr 04, 2014

We frequently see much mulling over mean, medians, and modes of statistical distributions, and lengthy discussions of variance and skew (including the now famous "long tail" [1], [2], [3]). What about...

Statistical Truisms in the Age of Big Data feature

  • Authors: Kirk Borne
  • Published Date: Jun 19, 2013

Does Big Data make Statistics obsolete? Of course not! But, many are now suggesting it (1). We address here some of the causes and consequences of this way of thinking. Specifically, we examine some...

Five Fundamental Concepts of Data Science feature

  • Authors: Kirk Borne
  • Published Date: Nov 11, 2013

Data Science is like…. How many times have you seen an article start this way? Now, you have just seen another one! But I want to avoid completing that sentence, and consequently I will skip...

Visualising Statistics: The importance of seeing not just describing data feature

  • Authors: Andy Kirk
  • Published Date: Nov 11, 2014

From the moment Hans Rosling entertained us with his energetic TEDTalk of 2006, breathlessly commentating on the elegant motion of a screen full of bubbles, the interest in and awareness of...

Business Analytics Conference event

  • Date: 28 February - 01 March 2015
  • Location: Indian Statistical Institute, Chennai, India

The Indian Statistical Institute in Chennai, India will be holding a conference on Business Analytics on 28 February and 1 March.

Data Mining and Business Analytics with R book

  • Authors: Johannes Ledolter
  • Published Date: Jun 28, 2013

Collecting, analyzing, and extracting valuable information from a large amount of data requires easily accessible, robust, computational and analytical tools. Data Mining and Business Analytics with R...

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Published features on are checked for statistical accuracy by a panel from the European Network for Business and Industrial Statistics (ENBIS)   to whom Wiley and express their gratitude. This panel are: Ron Kenett, David Steinberg, Shirley Coleman, Irena Ograjenšek, Fabrizio Ruggeri, Rainer Göb, Philippe Castagliola, Xavier Tort-Martorell, Bart De Ketelaere, Antonio Pievatolo, Martina Vandebroek, Lance Mitchell, Gilbert Saporta, Helmut Waldl and Stelios Psarakis.