Case researchers discover methods to find 'needles in haystack' in data: "A Case Western Reserve University research team from physics and statistics has recently created innovative statistical techniques that improve the chances of detecting a signal in large data sets. The new techniques can not only search for the 'needle in the haystack' in particle physics, but also have applications in discovering a new galaxy, monitoring transactions for fraud and security risk, identifying the carrier of a virulent disease among millions of people or detecting cancerous tissues in a mammogram."
The paper that is discussed also posted, in pdf.
Very cool stuff. Especially the application to fraud and security risk detection... Have to think about that some.
Thursday, December 08, 2005
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