#15 Future of Administration and Government Innovation
Explore digital administrative services in the era of the 4th Industrial Revolution, the introduction of ESG in the public sector, and innovative governance models for future governments.
We do not grow old as long as we strive to improve ourselves.
Explore digital administrative services in the era of the 4th Industrial Revolution, the introduction of ESG in the public sector, and innovative governance models for future governments.
An introduction to population vs. samples, and why statistics is indispensable for modern decision-making.
Learn how data is distributed and why the Normal Distribution is the most important concept in statistics.
Learn how to use data to prove or disprove claims, and understand the crucial role of the P-value.
Explore how two variables relate to each other and learn the core principles of predicting one variable based on another.
Learn the principles of Analysis of Variance (ANOVA) and the concept of the F-test to statistically determine if there are differences in means among two or more groups.
Analyze the complex influence of multiple independent variables on a result, rather than just a single cause. Learn about multicollinerity and the importance of variable selection.
Learn the principles of Logistic Regression and the concept of the Odds Ratio, used when the outcome is categorical data like 'Pass/Fail' or 'Fraud/Normal' rather than a numerical value.
Understand the characteristics of time-ordered data where sequence matters, and learn the basics of forecasting using stationarity and ARIMA models.
Learn how prior beliefs (Prior) are updated with new information to become Posterior probabilities, exploring the core principles and practical applications of Bayes' Theorem.