Data Visualization and Analysis, Part 1/3 – World Bank Indicator

Author: Qi Chen

1. Introduction

Nowadays, unprecedented volume of data is available from books, radio, television, Internet and so on. From these data, useful knowledge can be discovered. However, data can be in any format such as numbers, text, or sound, which increases the difficulty of discovering useful knowledge. Some data formats, such as numbers, are sometimes too abstract and not friendly to people. As one of the techniques to address this issue, data visualization organizes different formats of data and presents it in a more easily understandable way.

In this article, we will demonstrate some examples of data visualization with Tableau.… Read more

Panel Discussion on IoT-enabled Data Analytics

We would like to highlight a panel discussion on loT (Internet of Things) – enabled Data Analytics: Opportunities, Challenges and Applications at the INFORMS annual meeting that was held on Nov. 1st – Nov. 4th, in Philadelphia, PA.

In particular, four prestigious panelists joined this session, including Prof. Benoit Montreuil (Georgia Institute of Technology), Prof. George Q. Huang (Hong Kong University), Prof. Soundar Kumara (Penn State University), and Prof. Diego Klabjan (Northwestern University) who all have been the leading scholars in this field. The moderator of this session was Prof. Kaibo Liu (University of Wisconsin – Madison).

The goal of this session is to push the frontier in IoT application and the enabled data analytics research.… Read more

A Story of Basis and Kernel – Part II: Reproducing Kernel Hilbert Space

Author: Changyue Song

1. Opening Words

In the previous blog, the function basis was briefly discussed. We began with viewing a function as an infinite vector, and then defined the inner product of functions. Similar to \( \mathcal{R}^n \) space, we can also find orthogonal function basis for a function space.

This blog will move a step further discussing about kernel functions and reproducing kernel Hilbert space (RKHS). Kernel methods have been widely used in a variety of data analysis techniques. The motivation of kernel method arises in mapping a vector in \( \mathcal{R}^n \) space as another vector in a feature space.… Read more

A Story of Basis and Kernel – Part I: Function Basis

Author: Changyue Song

1. Review of Basis Concept

We know that everything in the world can be decomposed into the combination of the basic elements. For example, water is the combination of hydrogen and oxygen. Similarly, in mathematics, basis is used to represent various things in a simple and unified way.

In \( \mathcal{R}^n \) space, we can use \( n \) independent vectors to represent any vector by linear combination. The \( n \) independent vectors can be viewed as a set of basis. There are infinite basis sets in \( \mathcal{R}^n \) space. Among them, basis vectors that are orthogonal to each other are of special interests.… Read more

Data Visualization—Worldwide Small Business Analysis

Author: Jiamin Chen

The inspiring art in data analytic is visualized information.  The booming of data visualization is changing how we think and feel.  Data visualization convey complex concepts and stone-cold data into something more understandable and communicative.

The goal of this article is to demonstrate how data visualization could add value to business decision making process by providing information quickly and crisply based on a real case study for worldwide small business analytic. The dataset studied here is called “Doing Business”, which is provided and downloaded by World Bank, http://databank.worldbank.org/data/views/variableselection/selectvariables.aspx?source=doing-business.

Our analysis could be used to determine the best economy that provides conducive business environment to start and run a small business. … Read more