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Before this year's baseball season began, Dimitris Bertsimas, an MIT Sloan School of Management professor who teaches a course called "The Analytical Edge," predicted the Boston Red Sox baseball team would win 101 games in the regular 162-game baseball season.
What do baseball, wine and healthcare have in common?
More than you might think.
In particular, people are gaining new insights about each of the three subjects through statistical models that analyze data to make predictions.Â
Does your organization have more data than it really knows what to do with?
If so, you're not alone.
Trying to reduce your company's carbon footprint? MIT engineering professor David Simchi-Levi suggests taking a systematic look at the logistics involved in your supply chain -- and then carefully analyzing the data to understand the greenhouse gas emissions impact of your logistics choices, the MIT News Office reports.
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