Functional Data Analysis (FDA) is an increasingly central statistical framework that extends conventional data analysis to observations recorded as functions, curves or shapes. This approach ...

Data modeling refers to the architecture that allows data analysis to use data in decision-making processes. A combined approach is needed to maximize data insights. While the terms data analysis and ...

Statistical modeling lies at the heart of data science. Well-crafted statistical models allow data scientists to draw conclusions about the world from the limited information present in their data. In ...

Microsoft Excel’s Data Analysis Toolpak is an invaluable add-in for those who require complex statistical or engineering analyses. This powerful feature allows users to execute a variety of data ...

Statistical research spans an enormous range from direct subject-matter collaborations to pure mathematical theory. The Annals of Applied Statistics (AOAS) is aimed at papers in the applied half of ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

In an era driven by data and technology, marketing strategies are increasingly becoming reliant on data analysis and modeling. Tools and platforms that enable data-driven insights are essential for ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Predictive analysis refers to the use of historical data and analyzing it using statistics to predict future events. It takes place in seven steps, and these are: defining the project, data collection ...