Before you start to solve a problem (a numerical problem) you should check its conditioning. An ill-conditioned problem will produce very fragile and unreliable results – no matter how elegant and sophisticated solution you come up with it will be vulnerable. If decisions or strategies are based on fragile outcomes, those decisions and strategies will…
The two most important events of this year are the Brexit and the election of the President of the US. In the case of the Brexit, predictions were indicating a clear ‘yes’ while the result was a ‘no’. In the case of US elections, Clinton was going to win. Not only she lost, Trump won…
Knowledge is an organized and dynamic set of interdependent rules. An example of a rule: “if UNEMPLOYMENT increases then NEW HOUSE CONSTRUCTION decreases”. This is an example of a fuzzy rule – no numbers just a global trend. Rules can be more or less fuzzy (or crisp) depending on how many experiments (data samples) they are…
31-st December, 2014 As our company celebrates this month ten years of activity, it seems fitting to answer, in this year’s last blog entry, the question I am frequently asked: what does ‘ontonix’ mean? Ontonix comes from ‘ontology’. Ontology is the philosophical study of the nature of being, becoming, existence, or reality, as well…
