It seems UMMA can be a good replacement for XEF – if Shariah Compliant (and sort of ESG) is important to you.
Category: Root
Jul 24
Tax Efficiency Considerations for Shariah Compliant Investments
Use this information just for knowledge purpose. Before taking actions, please explore more and may want to take professional advice. For Tax Efficiency in Canada, for Halal Fixed Income ( I mean: Monthly Distribution) and ETFs like SPSK, and SPRE : it made sense: (ref: AI Chat) For Growth ETFS and Fixed Income ETFs Source: …
Jul 24
Halal/Shariah Compliant Investment in Canada
For Ideas: HALAL Investment Portfolio (Really Halal or not can still be a concern, depending). Purification is also another idea to integrate. You probably can create such portfolios on your own if you are familiar with such/them in the usual (not centered around HALAL) investment space. HLAL focuses more on the ethical aspect than SPUS …
Jun 01
Pearson vs Spearman Correlation
Pearson: Generally Linear relation Assumes Linearity. Correlation between height and weight Sensitive to outliers. Spearman: increasing or decreasing relationship, but may not be linear. Monotonic. Higher marks lead to lower ranks, but generally not linearly. Does not assume Linearity. It can be good for categorical variables and relationships. Less Sensitive to outliers. Ref: Internet sources
May 22
Reporting (Results and Discussion) for your Data Analytics Projects
Evaluation, Results, Analysis, Reporting Evaluation: What and How •Evaluate: the accuracy and generality of the model • (we did in model evaluation, threat to validity) •Now Evaluate: if model meets the business objectives •Seek if there is some business reasons •why this model is deficient •Evaluation: Take this model and application on real world case …
May 22
Examples: Experiment Design
Experiment 1: Forecast the nations that will have the most suicides, Data: Output variables: Method/Algorithm for this experiment Experiment 2: Find out the association of GDP and population size on suicide rates, Data: Output variables: Method/Algorithm for this experiment Experiment design 3: Predict which age groups are most prone to commit suicide Data: Output variables: Method/Algorithm …
May 22
Tools and Tutorials for Data Manipulation
Join Data from Multiple Sources •Power BI •Python •SQL •Databases and Data Warehouse •https://durhamcollege.desire2learn.com/d2l/le/content/467097/viewContent/6376898/View •Data Modeling and SQL •https://durhamcollege.desire2learn.com/d2l/le/content/467097/viewContent/6376900/View •Microsoft Power BI •https://durhamcollege.desire2learn.com/d2l/le/content/467097/viewContent/6377023/View Tutorials and Examples •MySQL Data Manipulation: •https://www.databasejournal.com/mysql/mysql-data-manipulation-and-query-statements/ •https://www.w3schools.com/sql/ •https://www.tutorialspoint.com/sql/index.htm •Workbench: https://www.tutorialspoint.com/create-a-new-database-with-mysql-workbench •SQL Server Data Manipulation •https://www.tutorialspoint.com/ms_sql_server/index.htm •Management Studio: •https://www.tutorialspoint.com/ms_sql_server/ms_sql_server_management_studio.htm •Power BI Data Manipulation •https://learn.microsoft.com/en-us/power-bi/connect-data/desktop-tutorial-importing-and-analyzing-data-from-a-web-page •Data Manipulation in Python •https://www.analyticsvidhya.com/blog/2021/06/data-manipulation-using-pandas-essential-functionalities-of-pandas-you-need-to-know/ Data Analytics, Machine …
May 22
Threat To Validity for Your Data Analytics Projects
•Internal •External •Construct •Statistical Conclusion •Internal: Informative variable missing. Bring data from other sources •External: Fixation variable make the result perfect. Model may not generalize •Construct: Class imbalance affects outcome badly •Statistical Conclusion: Based on the statistical measure used, the conclusion can be incorrect. •Data Mining: Association: Support, Confidence, and Lift Internal Validity Is your …
May 22
Threat To Validity for Your Data Analytics Projects
• Internal • External • Construct • Statistical Conclusion • Internal: Informative variable missing. Bring data from other sources • External: The Fixation variable makes the result perfect. The model may not generalize • Construct: Class imbalance affects the outcome badly • Statistical Conclusion: Based on the statistical measure used, the conclusion can be incorrect. …
May 22
McNemar’s Test
Chi-Square McNemar’s Test Chi-square: “A chi-square test is used to help determine if observed results are in line with expected results, and to rule out that observations are due to chance.” Coinflip as an example [1] References:1. https://www.investopedia.com/terms/c/chi-square-statistic.asp Data Analytics, Machine Learning, Data Science
