This week we take a look at evolutionary algorithms (it was 150 years ago that Charles Darwin first used the term “evolution” in his writings). Our course spotlight is:
- July 17 – Aug 14: Optimization with Linear Programming
See you in class!
Evolutionary Algorithms
In February, I recounted how Darwin’s successors, with the best of intentions, fostered an unfortunate alliance of statistics with eugenics. The founding fathers of statistics were all eugenicists. Today we look at a more useful statistical inheritance, so to speak, from Darwin – evolutionary […]
Word of the Week
Parameterized
Parameterized code in computer programs (or visualizations or spreadsheets) is code where the arguments being operated on are defined once as a parameter, at the beginning, so they do not have to be repeatedly explicitly defined in the body of the code. This allows for flexible and rapid updating of the input. Its one drawback […]
Instructor Spotlight
Wayne Folta, Lead Data Scientist at Elder Research
Wayne Folta is a Lead Data Scientist with Elder Research, a leading data science consulting company and the parent of Statistics.com. Wayne’s current ongoing project involves the extraction, analysis and redaction of text. For example, a healthcare organization might need to release records, stripped of personally identifiable information, to a partner for analysis; Wayne’s work facilitates that. Wayne is also an instructor for Statistics.com’s newest course, Analyzing and Modeling Coronavirus Data, which introduces statistically-literate analysts and epidemiologists to the wealth of Coronavirus data now available, and to the different epidemiological and statistical approaches for modeling that data. In his spare time, Wayne enjoys snowboarding and the ancient game of Go.
Course Spotlight
Optimization with Linear Programming (July 17 to Aug 14)
Your instructor is Cliff Ragsdale, Professor of Business Information Technology at Virginia Tech, and the author of the best-selling text Spreadsheet Modeling and Decision Analysis. You will learn how to:
- Identify decisions that are amenable to linear programming solutions
- Formulate a linear programming model, and represent it graphically
- Solve the LP model with spreadsheet-based software
- Use LP models for various decisions: make or buy, where to invest
- Use sensitivity analysis and shadow prices to gain additional information from the model
This course is part of a 3-course Mastery Series. The other courses, Nonlinear Programming and Network Flow and Risk Simulation and Queuing, follow in sequence on Sept. 25 and Nov. 13. Learn more here.
Analyzing and Modeling Covid-19 Data (June 12 to July 10)
See you in class!