5 mn read

Plus ça change- Is ML the new name for Statistics?

5 mn read Names change, but ideas usually don’t. How is today’s ‘data science’ different from yesterday’s statistics, mathematics and probability?  Actually, it’s not very different. If it seems changed it’s only because the ground reality has changed. Yesterday we had data scarcity, today we have a data glut (“big data”). Yesterday we had our models, and were […]

10 mn read

Relevance of Statistics In the New Data Science World

10 mn read Relevance of Statistics in the new Data Science world Rajeeva L Karandikar Chennai Mathematical Institute, India  Abstract  With Big Data and Data Science becoming buzzwords, various people are wondering about the relevance of statistics versus pure data driven models. In this article, I will explain my view that several statistical ideas are as relevant now […]

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