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Oct 10,2025
Case Study: Bayesian Structural Equation Models in Clinical Study Data with Small Samples
Overview Data and Context Methodological Approach Key Findings Practical Implications Summary Resources Overview In clinical research, sample sizes are often small due to cost, recruitment, or ethical constraints. Traditional (frequentist) structural equation models (SEM) and…
Oct 03,2025
Case Study: Customer Relationship Management in a Media Company – User Behavior Analysis
Challenge A media company faced the challenge of gaining a deeper understanding of user behavior on its online portals. The goal was to build a reliable data foundation for strategic decisions and to optimize user…
Oct 03,2025
Case Study: Customer Relationship Management in Medical Technology – Building Data-Driven Marketing
Challenge A medical technology company needed to enhance its customer relationship management by leveraging data to drive marketing effectiveness. The existing approaches to user engagement were not sufficiently targeted, resulting in missed opportunities for customer…
Oct 01,2025
Case Study: Optimizing Electricity Procurement Costs
Challenge Rising energy prices and complex load profiles made it increasingly difficult for companies to keep procurement costs under control. The goal was to develop a data-driven solution to identify savings potential and optimize electricity…
Aug 27,2025
Case Study: Predictive Maintenance for Medical Devices
1. Problem Description and Objective We aim to anticipate equipment failure in 75 medical devices using multivariate longitudinal telemetry data. We develop and evaluate a predictive model, document our approach, and implement an early warning…
Aug 27,2025
Introduction to Statistical Decision Theory – Edition 1: From Traditional Statistical Methods to Decision Theory
1. Basic Idea Statistics is the science of learning from data. It has two main purposes: To describe what has been observed. To make inferences about the wider world beyond the observed data. Often, we…
