For some, the statistical approach could lead to a disheartening conclusion: The family farm may not survive another generation.
Getting your organization to adapt to the statistical approach is long, slow process.
In the early 1950s, another doctoral student named Harry Markowitz posited a statistical approach to investment selection called Modern Portfolio Theory.
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This is a different approach from the statistical approach that Autonomy takes, which can be pointed at any text, regardless of language.
However, the industry should demand that predictive coding providers include enough transparency into their tools so both parties can evaluate the soundness of the underlying statistical approach being applied.
Mr. FELCH: Value-added is a somewhat complex statistical approach.
The algorithm could be of great interest to Twitter, which could charge a premium for ads linked to popular topics, but it also represents a new approach to statistical analysis that could, in theory, apply to any quantity that varies over time: the duration of a bus ride, ticket sales for films, maybe even stock prices.
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His approach relies on a statistical technique invented in 1943 by a British statistician, Ronald Fisher, and now widely used by geologists and ecologists to estimate the diversity of populations (of, say, fossils or beetles).
Faced with such objections, government statisticians in Europe and Canada have concentrated on a different approach, advocated by Mr Keuning and by Eurostat, the statistical arm of the European Union.
Juran focused more on the human-relations aspects of quality, while Deming's approach involved demonstrating that all business processes are vulnerable to a loss of quality through statistical variation.
Irina Bokova underlined the importance of a comprehensive approach, from early childhood to higher education, as well as the need for reliable statistical data for effective planning and a broad vision of the development of the entire education sector.
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