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Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional statistical methods, such as linear regression and ANOVA, and modern machine learning techniques, assumptions about data structure, variance, and error distribution are fundamental to ensuring model validity…

At first glance, the consequences of losing an item are solely financial—an inconvenience that, with approximately four misplaced items a month and more than 3,000 in a lifetime, will cost someone an average of $6,000. However, the issue extends beyond that, significantly affecting the already striking climate crisis. With millions of missing belongings on the…

In today’s rapidly evolving global economy, companies seeking a competitive edge must look beyond borders to recruit top-tier talent. The H-1B visa program, designed to bring highly skilled professionals to the U.S., plays a crucial role in this effort. However, despite its importance, the visa process is hamstrung by inefficiencies—particularly in background checks and education…

In the world of analytics, there’s no shortage of tools promising to predict the future. But Craig Group’s latest development, Conduit™, is taking a notably different approach. By combining sophisticated AI with human expertise, this new platform is tackling one of the most persistent challenges in business: accurately predicting revenue while providing actionable insights for…