Preskenis Dinner Main
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Twelfth - 2014
The Twelfth Annual NES/MAA Dinner Meeting in Memory of Kenneth J.
Preskenis was held on Monday, April 28, 2014. Dr. Richard J.
Cleary, Babson College, gave the presentation, "Moving
to Big Data: The Changing Practice of Statistics in the Analytics
Dr. Cleary is the 2010 winner of the Howard Eves Award, Chair of the
Division of Math and Science at Babson College, and a noted statistician
and mathematician whose research and consulting interests include
sports, biomechanics, and statistical approaches to fraud detection, and
Abstract: The methods taught in a traditional
first course in statistics were largely developed over the past 150
years to handle data produced through scientific experiments or surveys.
This sort of data is expensive to produce, and the techniques used try
to take advantage of every observation. While traditional statistical
methods remain valuable and important, the era of ‘big data’ has
arrived, in which huge numbers of observations and variables can be
stored efficiently at low cost. This has created opportunities for
mathematicians and statisticians to take new approaches. In this talk we
highlight some of the themes that are common to these newer approaches,
and we compare them to traditional methods.
We thank Sodexho, the Office of the Vice President of Academic
Learning, and Pearson Education for their support of the 2014 NES/MAA Dinner
Meeting in Memory of Kenneth J. Preskenis.