Top 10 Statistics Terms To Know

Top 10 Statistics Terms To Know

Data Science, General, Geostatistics, Machine Learning, Petroleum Engineering, Statistics, Workshops
Michael Pyrcz, PhD, P.Eng (daytum Founding Advisor) Hey everyone! We think that statistics concepts can sometimes be intimidating and seemingly esoteric. However, we know that it doesn’t need to be. One thing we wanted to do was simplify some of the commonly used statistics vocab and to “Explain Like I’m 5” definitions. Below are a…
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A Quick Perspective on Why Open Source

Coding, Data Science, Engineering, General, Machine Learning, Workshops
The advantages of Open Source Software (OSS) are endless. A few notable advantages include: Quality / Security / Reliability "Given enough eyeballs, all bugs are shallow." - Linus's Law Modern software engineering practices Increased Efficiency Modularity Lower Total Cost of Ownership Free [as in speech, not beer] Community Personal Advertising / Build a Real Resume…
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A 10,000 ft. [Subsurface] View on Why You Should Learn Geostatistics

Data Science, Geoscience, Geostatistics, Subsurface , , , ,
Michael Pyrcz, PhD, P.Eng (daytum Founding Advisor) Statistics provide quantitative lens for a new perspective on subsurface data and to better understand subsurface uncertainty. Learning Geostatistics will help you leverage: Deductive Statistics – Pooling data for the purpose of quantification of univariate, multivariate and spatial phenomenon Inferential Statistics – Methods to make inferences concerning the…
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Brief Musings on Subsurface Data Analytics and Machine Learning

Coding, Data Science, Engineering, Geoscience, Machine Learning, Petroleum Engineering, Statistics , , , , ,
Michael Pyrcz, PhD, P.Eng (daytum Founding Advisor) Subsurface is Unique Due to (1) sparse data, (2) heterogeneous spatial system, (3) high degree of uncertainty, (4) thick layer of unavoidable interpretation, and (5) extremely high value development decisions We must go beyond the data! Data analytics is the application of data cleaning and statistical analysis to…
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daytum = Energy.Data.Education.

Data Science, General, Geoscience, Geostatistics, Petroleum Engineering, Reservoir Modeling, Statistics
daytum is a data science education company completely focused on the energy industry. Our mission is to help bridge the culture and knowledge gaps between the technology and the energy-focused communities and to create unicorns: energy industry specialists with a deep knowledge of programming, statistics, data analytics and data science. daytum was founded by Dr.…
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