Data Analysis

The algorithm of life is a powerful thing

Barack Obama (centre) with supporting celebrities Jay-Z (left) and Bruce Springsteen at a campaign event in Columbus, Ohio.

My wife thinks George Clooney has universal appeal.

Saturday, 10 November, 2012, 12:55am 1 comment

Statisticians Nate Silver and Sam Wang run circles around the pundits

President Barack Obama's re-election is announced in New York's Times Square. The results were forecast with uncanny accuracy by young mathematicians. Photo: EPA

Tuesday's election result was not just a victory for President Barack Obama, but a validation for the new breed of so-called "big data" number crunchers.

They include New York Times blogger Nate Silver, whose uncanny accuracy in predicting the result has turned him into something of a mathematical rock star.

9 Nov 2012 - 12:03pm

Trend spotters take limelight

Business intelligence (BI), the process of using computer-based software to support decision making, is creating job opportunities as the ability to predict trends is becoming increasingly important.

22 Jan 2011 - 12:00am

Nader promises review of drug-test procedures

The Jockey Club had some serious thinking to do to ensure the latest jockey-drug embarrassment is never repeated, said executive director of racing Bill Nader.

Nader (pictured) promised 'a systematic review' of procedures as the Doleuze case had clearly shown up a problem previously unconsidered.

22 May 2008 - 12:00am

Sky-high forecast worries developers

Developers are expressing grave concerns and doubts about the accuracy of the Government's forecast for long-term supply and demand of office space.

A study prepared by consultants appointed by the Planning Department predicts that Hong Kong's demand for offices will rise to 180.8 million square feet in 2011, more than double the supply of 86.9 million sq ft in 1996.

3 Mar 1999 - 12:00am

Sky-high forecast worries developers

Developers are expressing grave concerns and doubts about the accuracy of the Government's forecast for long-term supply and demand of office space.

A study prepared by consultants appointed by the Planning Department predicts that Hong Kong's demand for offices will rise to 180.8 million square feet in 2011, more than double the supply of 86.9 million sq ft in 1996.

3 Mar 1999 - 12:00am

Forecast unreliable

China Pharmaceutical Enterprise and Investment Corp has said a reported $90 million profit forecast is unreliable.

The company's directors said the forecast was based on internal management estimates and has not been audited. The stock exchange requested the company clarify the situation.

11 Jun 1997 - 12:00am

Observatory weathers criticism

WHILE the Royal Observatory gives its weather forecasting a grade of B to B+, the public thinks it is strictly C grade, it was revealed yesterday.

The observatory's own ''objective verification scheme'', which it designed to rate the accuracy of its forecasts, consistently produces scores in the high 80 per cent, said the observatory's director, Mr Patrick Sham Pak.

24 Mar 1993 - 12:00am