dx/dt Posts

03/14/2015 / / Codes
02/20/2015 / / Data Science

3 most important things when buying real-estate…location, location, location…those 3 things when applied to investing in the capital markets…diversify, diversify & then diversify… A slight detour from the usual set…

02/07/2015 / / Data Science

Companies are usually reluctant spending resources on marketing and promotional activities because the ROI on such investments is not readily calculable but hey, you work for a start-up and you…

01/17/2015 / / Data Science
12/20/2014 / / Data Science

Okay, you did great coming up with a functioning model to estimate the market demand for a particular commodity but how do you know that the predictive accuracy of that model…

11/29/2014 / / Data Science

The makers of commodity products usually play in a highly competitive environment otherwise defined as pure competition and the market pretty much decides the price that a commodity maker can charge…

In the preceding discussion about price elasticity of demand and iPhone 6’s pricing strategy (link), one glaring assumption we made when estimating its profit maximizing price is the fact that the marginal…

09/27/2014 / / Data Science

It’s no secret that the revolution in collecting, storing and harnessing data is lending itself to all sorts of applications with data-driven decision making partially or almost completely replacing what humans were…