Many of today's most acclaimed techniques for advanced statistical analysis are much easier to understand than the professional statistician would have us believe.
Using the intuitive (and cleverly named) Random Forests technique as an example, we trace its academic pedigree in the PowerPoint presentation HERE using as a guide the life's work of the technique's inventor, Leo Breiman.
Knowing exactly how a methodology works helps to demystify it and allows a business manager to assess when (if ever) a complex technique may be appropriate to his or her data analysis task.
|