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Applied Analytics and Statistics for Academia and Industry
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analytics, analysis, click stream, profiling, text mining, regression, inference, consulting, forecasting, cross selling, clustering, neural networks, time series, nonparametric, e-commerce, predictive, prediction, consulting, opt in, data mining, employm
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Second Moment is a dynamic meeting place for academia and industry in the fields of applied statistics and analytics. It is a platform for showcasing cutting edge academic research and a resource for industry analysts and businesses interested in applying
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<noindex><a href="http://scout.cs.wisc.edu/report/sci-eng/current/"><img src="images/scout.jpg" border=0></A></noindex>
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<img src="images/ribbon.jpg" border=0 align=absmiddle><i class=footer>9/11 Remembered</i>
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<b class=article>Do Burglars Calculate ROI? A Logistic Regression Analysis</b>
<br>
<b class=articleby>Dr. Yochanan Shachmurove, Dr. Gideon Fishman, and Dr. Simon Hakim</b><br>
Do burglars choose their targets based on rational considerations? The location of the home? Its surroundings? The security precautions that may or may not be in place? If so, it would make it much easier for police and security companies to design strategies aimed at reducing residents' chances of being burglarized. Residents themselves would also be better equipped to employ the most effective security precautions and modify their actions to minimize the risks.
<p>
To find out, my colleagues Gideon Fishman and Simon Hakim, and I carried out a logistic regression analysis, taking into account the location, surroundings, and attributes of a home, as well as the presence or non-presence of a variety of security measures.
<p>
<b>Background</b><br>
Gary Becker, the 1992 Nobel Prize Laureate in Economics, published his seminal work on the rational behavior of the criminals in 1968, a work in which he claimed that a criminal evaluates costs and benefits in choosing his life style and also in deciding whether or not to carry out a particular crime. A decade or so later, my colleague Simon Hakim elaborated on Becker's model by introducing a spatial dimension that states that a burglar's choice of a particular home depends on the expected net return of each potentially available home.
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<blockquote><a href="articles/burglars.php" class=footer><b>READ FULL ARTICLE ></b></a></blockquote>
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<td class=footer align=right valign=top>All Contents Copyright © 2003 by Stone Analytics, Inc., except where otherwise noted.</td>
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<tr><td colspan=2 class=menu2><b class=columns>Lies, Damned Lies, and Statistics</b></td></tr>
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<b>You Should Be Dead By Now!</b><br>
An excerpt from an online book in progress titled "Randomness and Our Brain: Are We Probability Blind?" by Dr. Nassim Nicholas Taleb.<br>
<a href="lies-column/dead.php" class=footer><b>READ MORE ></b></a>
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<tr><td colspan=2 class=menu2><b class=columns>Et al.</b></td></tr>
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<b>Georgetown Internet Privacy Policy Survey<br>
Executive Summary</b><br>
The Georgetown Internet Privacy Policy Survey is a progress report to the Federal Trade Commission on the extent to which commercial Web sites have posted privacy disclosures based on fair information practices.<br>
<a href="etal-column/georgetown.php" class=footer><b>READ MORE ></b></a>
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<tr><td colspan=2 class=menu2><b class=columns>Stats in Industry</b></td></tr>
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<b>Census 2000 has arrived!</b><br>
From USAToday.com come several articles that discuss the outcome of this most recent tally, along with the trends they highlight-the shrinking of the nation's capital, the growth of the Hispanic population in northern states. Also included is an interactive map that provides a comprehensive breakdown of Census 2000.<br>
<a href="stats-column/census2000.php" class=footer><b>READ MORE ></b></a>
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