David Reshef
jhalper | March 5, 2012What would you say are the strongest three factors associated with the salaries of major-league baseball players? According to a popular, well-established algorithm, the main influential factors are walks, intentional walks and runs batted in.
How much does he earn?
But a paper recently published in Science reports on a new data analysis tool, which is able to find interesting relationships and trends in complex data sets - relationships that are invisible to other types of statistical analyses.
This could be a big deal: Large data sets with thousands of variables are increasingly common in…