Dr. James McCaffrey of Microsoft Research says the technique is easy to tune, works well with small datasets and produces highly interpretable predictions, but there are also trade-off cons. The goal ...

Business owners have to make decisions every day on issues fraught with uncertainty. Information is not perfect, and the best choice is not always clear. One way to handle these vague situations is to ...

Here’s a new title that is a “must have” for any data scientist who uses the R language. It’s a wonderful learning resource for tree-based techniques in statistical learning, one that’s become my ...

Data mining massive geological databases is a leading edge statistical technique useful in oil and gas exploration. Billions of dollars of potential profit can be generated from gas well data analysis ...