Data Analysis Australia is committed to keeping the community informed about mathematics, statistics and information technology. Data Analysis Australia's newsletters help keep us in contact with our wide range of clients and colleagues and provide useful information on our unique approach to using statistical analysis in a variety of applications.
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 March 2009What do shoemakers’ lasts and model ships have in common and how do they relate to Data Analysis Australia? The answer can be found in this month’s newsletter article which discusses how it is not just creating a model that makes it useful, but ensuring that it is correct by understanding both its underlying structure and the data that feeds into it. It is this duality of understanding that gives Data Analysis Australia the expertise to present relevant, reliable results and recommendations to our clients. | |  December 2008 The past six months has seen a meltdown of the global financial system. Many people have been forced to reconsider just what is a good investment and ask “why did no-one see this coming?”. These are questions of risk and forecasting, areas where statisticians and mathematicians have a special view. Data Analysis Australia, where possible, calculates the bounds on the certainty of any forecast that we produce – what is most likely and a range of what might happen. We consider a “good” forecast one that gives information to our clients about the risks and the positives. |
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