Pelin OkutanMarkov Chain Monte Carlo: Made Simple Once and For AllMarkov Chain Monte Carlo (MCMC) might sound intimidating, but at its core, it’s a powerful technique that helps us solve complex problems…Aug 211Aug 211
Pelin OkutanManaging Data for Effective ESG Strategies: A Guide for Modern BusinessesAmid a changing global business environment, Environmental, Social, and Governance (ESG) factors have quickly become one of the most…Aug 20Aug 20
Pelin OkutanIntegrating Bayesian Networks with Monte Carlo Simulations for Enhanced Decision-Making in…Decision-making, most of the time, is an unnecessarily overcomplicated layering of uncertainty and complexity. Be it in finance, health…Aug 15Aug 15
Pelin OkutanEnhancing Time Series Forecasting with Monte Carlo SimulationTime series forecasting remains a critical tool for predicting future trends and making data-driven decisions. Whether it’s for financial…Aug 10Aug 10
Pelin OkutanBuilding Credible Carbon Offsets: A Guide to Ensuring Integrity and TransparencyCarbon offset projects have emerged as an important complement to businesses’ operations in the quest to minimize carbon footprints in a…Aug 9Aug 9
Pelin OkutanTime Series Forecasting: A Comparative Analysis of SARIMAX, RNN, LSTM, Prophet, and Transformer…Time series forecasting plays a crucial role in various domains, from predicting stock prices and sales to weather conditions and energy…Aug 71Aug 71
Pelin OkutanMonte Carlo Simulation for Time Series Probabilistic ForecastingIn the realm of data science and statistical modeling, time series forecasting holds a prominent place. Whether predicting stock prices…Jul 243Jul 243
Pelin OkutanBoard Games and Decision Making with Markov ChainsBoard games are a classic pastime that not only provide entertainment but also present fascinating opportunities for analysis and strategy…Jul 21Jul 21
Pelin OkutanThe Real-Life Applications of Markov ChainsMarkov chains, a concept rooted in probability theory and named after the Russian mathematician Andrey Markov, are fascinating mathematical…Jul 18Jul 18
Pelin OkutanBig Data Analytics: Transforming Organizations with Insights from Large Volumes of DataIn the modern digital landscape, organizations are inundated with vast amounts of data generated from a myriad of sources, such as social…Jul 71Jul 71