Forecasts for intermittent data are often difficult. Torben examines whether the Statsforecast package can be used and describes which evaluation methods are useful.
Testing in data science projects is often neglected. In this blog post, you can find out what the consequences are and how it can be done better.
Successful AI implementation depends to a large extent on the corporate culture.
This article sheds light on how fundamental values, norms and behaviors in the company support the introduction of AI.
In this blog post, Michael describes why data storytelling goes far beyond pure data quality and how it enables companies to realize the full potential of their data.
The term “preventive maintenance” is often used in connection with the optimization of maintenance plans.
What is information entropy? Let’s assume that in summer we want to send our friends a telegram from Hamburg to St. Petersburg every day about the weather conditions: sunny, slightly cloudy, overcast, rainy.
This post presents a modern approach to estimate an individual probability curve for the acceptance of an offer from historical accepted and rejected transaction data.
Publications are the basis of scientific work: scientists and practitioners all over the world use these results.
Frequent problems that we are confronted with can be traced back to a (multidimensional) regression or a classification. Starting from a set of characteristics, regression attempts to represent the dependency between the characteristics and a target variable as a function.
Based on Bayes’ theorem, Bayesian statistics has developed, which is used in the context of inductive statistics and machine learning to estimate parameters and test hypotheses.
Do you have questions about our blog posts? Contact our editorial team…
Vielen Dank für Ihr Interesse an den Leistungen von m²hycon. Wir freuen uns sehr, von Ihrem Projekt zu erfahren und legen großen Wert darauf, Sie ausführlich zu beraten.
Thank you for your interest in m²hycon’s services. We look forward to hearing about your project and attach great importance to providing you with detailed advice.
We store and use the data you enter in the form exclusively for processing your request. Your data is transmitted in encrypted form. We process your personal data in accordance with our privacy policy.
