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Wednesday, October 29, 2014

Stock Forecasting With Machine Learning - Pop-Quiz


A few years back, I decided that machine learning algorithms could be designed to forecast the next day's Open, High Low, Close for the SP500 index.   Armed with that information, it would be a cinch to make $Millions !

The following chart shows the initial design of the Neural Network:




As it turns out, this ML model did not work.  In fact, this approach is completely wrong !  Can you think this through and come up with reasons why ?

(Note: This slide was taken from a recent presentation entitled "Building Effective Machine Learning Applications"). 

Tuesday, October 28, 2014

Hire a Data Scientist for only $5.00

Got a Machine Learning problem? Got $5.00? Consider it solved !

Visit this page on Fiverr.com:

https://www.fiverr.com/aliabbasjp/solve-a-machine-learning-and-intelligence-problem-to-gather-insights-from-your-data?context=adv.cat_10.subcat_143&context_type=auto&funnel=2014102811022631011277080

While I don't have any knowledge of the quality of their work, I suspect this price is reflective of the cost of living in their location minus a discount for the promotional benefit.

 The Internet is the great equalizer.