#datascience #statistics

Edward McFowland III | Anomalous Pattern Detection & Model Building

Edward McFowland III (Harvard Business School) describes the differences between "anomalies" and "anomalous patterns". Edward describes how this informs modeling strategies, in particular, when to use an off-the-shelf model versus building a bespoke model from scratch. He then covers how to draw inspiration from different scientific and technical fields.

0:00 Edward: Live in Conference

2:00 Outliers vs Anomalies vs Anomalous Patterns

9:30 Strategy to Identify Anomalous Data Patterns

19:15 Adding Complexity to Models

25:00 Building Blocks vs Comprehensive Models

39:05 New Pieces of Evidence

40:40 Deciding Data Science Strategies

52:30 Connecting the Technical Dots

58:40 Interdisciplinary Interests