Kamis, 26 September 2013

The book has arrived!

Predictive Analytics Book by Eric Siegel

Finally the book I requested from Prediction Impact has arrived! this package was sent by my good friend Bobbe Cook from the Marketing Dept of Predictive Analytics World through UPS shipping at $20.15 and the book price at $28.00. (a thumbs up to these guys!)

Fortunately I got it all for free for being a Predictive Analytics World

Blog Partner, a partnership program by the Prediction Impact Inc.
to reach through the Asian Countries.

Package delivered on Sept 26, 2013

The book is a hard bound type with glossy pages

Front Cover

"What Nate Silver did for poker and politics, this does for everything else, A broad, well-written book easily accessible to non-nerd readers"-DAVID LEINWEBER, author of Nerds on Wall Street: Math, Machines and Wired Markets

"This is Moneyball for business, government, and healthcare"
-JIM STERNE, founder, eMetrics Summit; chairman, Digital Analytics Association

Back Cover of the Book

Some of its pages are in colored print and glossy paper material,
I can't wait to read all the chapters from Mortgage Risks, to the Ensemble Effect, Crowd-sourcing and Persuasion by the Numbers: How Telenor, U.S. Bank and the Obama Campaign engineered Influence (that's an Uplift!) Geeky as it sounds this book is for beginners and is friendly to 
starters for Predictive Analytics.

Inside Pages of the book
If you want to buy the book, its available through the ff:


    

    




6716 Cascade Rd., D10
Grand Rapids, MI 49546

Selasa, 24 September 2013

12th National Convention on Statistics


The Philippine Statistical System (PSS) through the National Statistical Coordination Board (NSCB) invites you to participate in the 12th National Convention on Statistics (NCS) which will be held on 1-2 October 2013 at EDSA Shangri-La Hotel, Mandaluyong City.

Day 1 – October 1, 2013 (Tuesday)

7:00 – 8:45
Registration
8:45 – 9:00
Ribbon Cutting of the Statistical Information Management Exhibit (SIMEX) 2013
9:00 – 10:00
JOINT OPENING CEREMONIES of the 24th National Statistics Month and 12th National Convention on Statistics (Isla Ballroom)
Welcome Remarks:
Jose Ramon G. Albert
NSCB Secretary General
Keynote Address
Senate President Franklin Drillon

10:10 – 10:30
Coffee Break
10:30 – 12:15
Plenary Session 1 (Isla Ballroom)1  
Accelerating Inclusive Growth and Competitiveness through Statistics
Session Organizer:
Prof. Solita Collas-Monsod   
Presenters:
Mr. Guillermo Luz
Dr. Josef T. Yap
Discussant:
Dr. Johannes Jutting

12:15 – 1:15
Lunch Break
1:15 – 2:45
Simultaneous Scientific Sessions
(10 sessions)
2:50 – 4:20
Simultaneous Scientific Sessions
(10 sessions)
4:25 – 4:40
Coffee Break
4:40 – 6:10
Simultaneous Sessions
(10 sessions)

Day 2 – October 2, 2013 (Wednesday)

8:30 – 10:00
Simultaneous Scientific Sessions
 (10 sessions)
10:00 – 10:15
Coffee Break
10:15 – 12:00
Plenary Session 2 (Isla Ballroom)2
Social media and statistics
(big data, organic data and privacy)
Session Organizer:
Dr. Corinne Grace Burgos
Presenters:
Mr. Johannes Jutting
Dr. Jose Ramon G. Albert
Ms. Jeanette Beltran

12:00 – 1:00
Lunch Break
1:00 – 2:30
Simultaneous Scientific Sessions
(10 sessions)
2:35 – 4:20
Plenary Session 3 (Isla Ballroom)
Managing risks to development
(disaster and financial risk management,
social protection, food security)
Session Organizer:
Asst. Secretary Lila Shahani
Presenters:
Asst. Secretary Romeo Recide
Gov. Jose Clemente "Joey" Salceda     
                
4:20 – 4:35
Coffee Break
4:35 – 5:00
CLOSING CEREMONY of the 12th NCS
(Isla Ballroom)

Selasa, 03 September 2013

Root Mean Square Error Approximation (RMSEA) and WARP PLS

by Albert Anthony D. Gavino, MBA

Model fit is one important aspect in the field of SEM, otherwise known as Structural Equation Modeling, RMSEA or Root Mean Square Error Approximation is a test if our data is a good fit to the model, with experts saying an acceptable value is less than 0.05.

There are two software programs used by my colleagues in this certain field, one of them is IBM-SPSS AMOS and another is WARP PLS using Partial Least Squares Method, these are deemed popular among Moderation and Mediation experts, the WARP PLS is recommended for users who would want a deeper insight into their moderation variables, while the IBM-SPSS AMOS software is good for researchers looking into mediation variables, Nevertheless both software are powerful for the Researcher and provides them a good tool into coming with the best model.

I guess this is what happens when your colleagues are statistical nerds, Psychometricians and highly cognitive people who just have fun with RMSEA values and Structural Equation Modeling.