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Numerical Optimization of a Data Forecasting Model
May 24, 2017Free
Session Time and Date
Wednesday, May 24th from 1pm – 2pm CDT
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Data can be a powerful tool for driving change. Data science tools can be used to give a statistical basis and robust credibility to a problem that at first glance may seem to be only described by tribal knowledge. In this talk, we will discuss how best to utilize data to describe the current environment and lend a historical context to goal setting and forecasting exercises. Moreover, we will describe how to incorporate a database model into a framework that will illustrate possible outcomes and demonstrate optimal selection of the variables needed to make meaningful change. The techniques described will be demonstrated for the problem of underrepresentation of women in the STEM fields.