At this point, everyone knows that artificial intelligence is all around us, even though we may not realize it. Take your mobile phones, for example — a smart assistant? Yeah, that is powered by artificial intelligence. But this is a rather simple example of the many ways in which AI can be applied in the world. To understand it better, think about online examinations for a moment; while proctoring during in-person exams is quite a simple process, how does one go about it with online…

The world has been witness to some profound changes over the past couple of decades. For example, we can shop for furniture without needing to leave our house or even send money halfway across the world with a few taps on your smartphone’s screen. However, there is one aspect of human existence that has undergone some of the most profound changes of them all — learning. Yep. Today, education is no more confined to schools, colleges, or other educational facilities. Today, students have not…

Python is one of the powerful, high-level, easy to learn programming language that provides a huge number of applications. Some of its features, such as being object-oriented and open source, having numerous IDE’s, etc. make it one of the most in-demand programming languages of the…

The Data Science Association (DSA) and Google is interested in learning more about your experience with tools and training. Click on the link below to take a 10-minute survey for data scientists.…

Despite years of criticism and negative publicity, Hedge funds have evolved as higher return generating machines. Thanks to all those amazingly weird Hedge Funds strategies. If you try to look at the overall picture, you will find that Hedge funds have now become a part of Wall Street’s eco-system.

Hedge funds strategies and hedge Funds in themselves have made headlines over the years due to various reasons.  You will be awe struck when you find out what kinds of perks are given by…

Facebook data scientists recently conducted an online experiment on 689,003 unknowing Facebook users - likely including children under the age of 18 - to see if it could manipulate and change user emotions. One group had positive words like “love” and “nice” filtered out of their News Feeds. Another group had negative words like “hurt” and “nasty” filtered. The result - published in a paper entitled…

Jigsaw Academy, won the prestigious Brands Academy Award for ‘Best Upcoming Academy for Analytics Courses in Bangalore’, on April 13^th, 2013 at an exclusive gala event held at the ITC Maurya, New Delhi. The award was presented to the founders  Gaurav Vohra and Sarita Digumarti by Prahlad Kakkar.

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The ‘Bell curve’ or the ‘Gaussian bell curve’ is one of the fundamental concepts on which most of the statistical analysis is based. From social sciences to astronomy to financial services- most of the application of statistics in the real world relies on the assumption that the data being analysed is distributed in the shape of the bell…

Merriam-Webster defines analytics as “the method of logical analysis.” In business, analytics is the process of analyzing quantitative data to glean information about performance. This process is often used in marketing departments and in risk management. Analytics is also a very important tool for the management and maintenance of websites.

The field of analytics is growing, as more companies realize the benefits of the method. This is especially true for internet-based…

Data Analytics is a process of summarizing data with the intent to extract predictive information and develop conclusions from the data and using it for making strategic decisions and operational policies. A huge demand for data analysis services in India generates ample earning opportunities to companies which are offering data analysis services.

Data analytics in India is extensively used in Banking and Financial sectors. Data mining and data analysis being carried out by BPO…

Analytics is not just pure science; it is part art as well. Organizations that master the fine art of using analytical tools realize increased revenues and enjoy cost savings.

The scientific approach involves the following four key steps:

• Observe/define the business problem: Observation is either an activity consisting of receiving knowledge, or the recording of data using scientific instruments. The term may also refer to any data collected during this…

Educating savvy and business-minded Indians on the importance of numbers and analytics in your business is like teaching the properties of sand to someone in the desert, but here is my effort anyway.

The simplest definition of analytics is "the science of analysis." However, a practical definition would be how an entity, e.g., a business, arrives at an optimal or realistic decision based on existing data. Business managers may choose to make decisions based on past experiences or…