Ergodicity is one of the most important concepts in statistics. More importantly, it has a lot of real world applications. In this case, it's applicable to the staggering number of internet connected devices in the world of Internet of Things (IoT). Most of the experiments conducted by research labs, businesses, and marketing agencies often rely on … Continue reading Ergodicity In The World Of IoT
Tag: Simulation
What Is Monte Carlo Simulation
There are many phenomena in everyday life where it's very difficult to model the problem. There are so many variables and so many dependencies that any approximation or assumption would lead to a huge errors in outputs. This is usually a combination of uncertainty and variability. Even though we have access to all the historical information, … Continue reading What Is Monte Carlo Simulation
Can Machines Be Truly Independent?
In my previous blog post, we discussed about how we can measure a computer's intelligence. When we talk about machine intelligence, what exactly are we talking about? Are we just talking about machines mimicking the human ways and mannerisms in the best possible way? No matter what the machines do, they are still following a … Continue reading Can Machines Be Truly Independent?
Perpetual Enigma 