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Smart Manufacturing

Smart Manufacturing

Smart manufacturing is a transformative approach in the world of production that integrates digital technologies, automation, and real-time data to optimize manufacturing processes. It represents a new era in manufacturing where machines and systems communicate with...
Survival Analysis: Predict Time-to-Event with Confidence

Survival Analysis: Predict Time-to-Event with Confidence

Survival analysis is a statistical method focused on analyzing and interpreting survival outcomes. These outcomes often measure the time until a specific event occurs, such as death, disease progression, or equipment failure. This method is important across various...
Bayesian Statistics

Bayesian Statistics

Most of our decisions in our day to day life relies on incomplete information. For example, when you board a bus, you expect it to take you to your destination and not not to a place which is completely unknown to you. This belief is depends on past experiences and...