Month: September 2018

Buzzwords & Bullsh!t

by Adam Crabtree, 9/28/18

“Wise men speak because they have something to say; fools speak because they have to say something.”      -Plato The goal of the NCS blog series has been to give the reader unique insights, be it into the startup life through “Founders Corner”  or a better understanding of a specific methodology or treatment through “Nerding Out” . Well this new series “Buzzwords and BullSh!t” is no different, just slightly more cynical. The goal of this series is to take a hard look at some of the most talked about technology, explain in common terms what it can do, what... Read More >

Take a Snapshot: Using Vector & Raster Data in Mapping

by Evan Bumann, 9/21/18

Spatial relationships have been and always will be a relevant part of life; any piece of data which can be observed in space and time can be mapped and visualized. This geospatial data is typically stored in one of two forms: raster and vector. Raster data is organized as a grid, every square of which is consistent in size and tied to a geographical reference point in space at a specific time. Geographic data of this type is often multispectral or hyperspectral imagery acquired via aircraft or satellite (think of an aerial map). The terms Multi- and hyperspectral refer to the... Read More >

Unique Program to Track and Trace Dollars in CA Could Pave the Way for a Banking Solution in the US

9/13/18

State and local governments vary greatly in their ability to attract and compensate regulatory personnel that bring institutional knowledge and experience to regulate the nascent Cannabis Industry in their respective spheres of influence. Think about it, the challenge for any state or local government is to find and afford people with the experience and the know how to anticipate their regulatory needs as well as the necessary skill sets to accomplish the job. This generally means poaching from state regulatory personnel in existing legal markets or from the ranks of the private cannabis licensed companies where the upside return can... Read More >

Some Models Don’t Tell the Truth – Using Statistical Models Realistically

by Jason Adams, 9/7/18

“All models are wrong, but some are useful.” This quote, well-known to statisticians, comes from one of the most influential figures in statistics, George Box. The point that Box was making is one that is misunderstood by many data analysts, from novices to experienced researchers: every statistical model is an approximation to reality. To understand how an approximation to reality can still be useful, consider the two models visualized in the following figure.   Knowing that both of these models come from the same data set, a... Read More >