Award winner report in data analysis

A report written by Imre Kocsis, Kristóf Gáti, András Pataricza, and Gábor Horváth under the title: Time Series Analysis and Order Prediction with R and addressed order prediction won a "Honorable Mention" and a $1,000 award in the "R in Business competition". The contest was aiming at the solution of real-time business problems by means of advanced statistics, organized by Revolution Analytics. The free statistical analysis package R in the background is heavily used in the academic world while the organizing company Revolution R plays a similar role in statistics, like RedHat in the Linux world by offering enterprise grade packages for professional use.

The paper was inspired by one of our industrial projects, and the analysis was performed on de-classified real data. The competition involved professional statisticians of renowned enterprises active in business areas relying on big data analysis and first class US universities.

The list of winners can be found here.