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…
Read More

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…
Read More

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…
Read More