Visual Comparison of Brands in Formula 1 Racing

Author: Benjamin HewittTroy SonnleitnerKevin Schuh

1. Executive Summary

Formula 1 racing is largely regarded as the most advanced and challenging form of motorsport in the world.  The drivers are the best of the best and the teams spend millions, if not billions, on technological development and team operations every year.  Every race season is made up of approximately 20 races, or grand prix, each taking place in a different country.  Teams are allowed to compete with 2 cars at every grand prix.  Each team produces their own chassis, but can buy their engines from another team or manufacturer. … Read more

Analysis of United States Olympic Medal

Author: Mitchel BergEric Fleming, Samuel Studinger, and Alec Tostenrud

1. Introduction

After the relatively poor performance of U.S. in the 2018 Winter Olympics in PyeongChang, South Korea, we found it a unique opportunity to look at the placement of U.S. in the Olympics over the years to determine if the country’s success has really been changing. To explore this opportunity, we used an Olympic reference dataset (https://www.sports-reference.com/olympics/) that contained information on every athlete’s Olympic results including events participated in, medal placing, country represented, and place of birth.

2. Objective

The objectives of our analysis were:

  1. Determine whether the United States’ Olympic dominance has been declining in recent history
  2. Create a visual way to see a country’s success in the Olympic Games
  3. Explore results from an internal perspective within the United States

3. 

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Stationary time series and its properties

Author: Xiaochen Xian

In this article, I would like to introduce stationary time series and its properties. Stationary time series is one whose properties do not depend on the time at which the series is observed. It has been widely applied and shows strong power in statistical analysis. The time series with any trends, seasonal patterns, or both, are not stationary. These types of time series, however, can often be converted to stationary time series using techniques like de-trending or differencing.

1. What is time series?

Time series, as its name says, is a sequence labeled by time. We denote the time series variable as ${Y_t: t=\cdots, -1, 0, 1 \cdots}$.… Read more

Third Conference on Business Analytics in Finance and Industry – BAFI 2018

Santiago, Chile
January 17th – 19th, 2018
www.baficonference.cl
Twitter: @bafichile

Call for Abstracts

The aim of the BAFI 2018 conference is to bring together researchers and developers from data science and related areas with practitioners and consultants applying the respective techniques in different business-related domains. Our goal is to stimulate an academic exchange of recent developments as well as to encourage the mutual influence between academics and practitioners.

At BAFI 2018, the focus will be on methodological developments aimed at uncovering information contained in large data sets, as well as on business applications in various sectors, among them finance, retail, and telecommunications.… Read more

Bird Strikes

Author: Ting Lei 

1. Introduction

The event of an airborne animal hitting an airplane in flight is referred as bird strike. Although bird strikes are a lesser hazard to aviation than some other well-known hazards such as air turbulence and icing, it still poses a sizable threat to airline safety and do present risk that needs to be addressed. According to Bird Strike Committee USA, wildlife strikes cause over $650 million annually in damage to U.S. civil and military aviation.

The goal of this article is to discuss some of the characteristics of bird strikes, raise the awareness of this issue, and help reduce the likelihood of bird strikes.… Read more