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All Blog Posts Tagged 'dsc_analytics' (376)

Business Intelligence: Top Use Cases for the New-Age Businesses

Business intelligence has been making waves all over the world lately, especially in the business side of things. Organizations across all industries have it as a critical component for transformation towards becoming a data-driven enterprise. And, hence it is fueling the need for expanded investments to implement a successful BI strategy with tools,…

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Added by Ryan Williamson on August 17, 2021 at 10:00pm — No Comments

When to Adjust Alpha During Multiple Testing

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Added by Mark Rubin on August 6, 2021 at 2:00pm — No Comments

KDNuggets.com Launches Free Outlier Analysis Boxplot Template

Visit the KDNuggets.com Statistics page and download a free outlier analysis boxplot template from the Topics section. Boxplot analysis can solve business analysis problems. This free…

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Added by Tom Wolfer on July 28, 2021 at 3:30am — 6 Comments

An Introduction to Statistical Sampling

Image Source: Statistical Aid

Sampling is a statistical procedure of selecting some representative part from an existing population or study area.…

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Added by Muhammad Touhidul Islam on July 28, 2021 at 2:00am — 1 Comment

Analytics Maturity: from Descriptive to Autonomous Analytics

In Chapter 8 of my new book “The Economics of Data, Analytics, and Digitalization Transformation”, I discuss the 8 Laws of Digital Transformation.  My goal for chapter 8 was to push folks out of their comfort zones, especially with respect to how they are defining Digital Transformation success. Why?…

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Added by Bill Schmarzo on July 26, 2021 at 9:00am — No Comments

Variance vs Standard Deviation

 
variance and standard deviation in statistics
 Image Source: Statistical Aid

Variance is one of the best measures of dispersion which measure the difference of all observation from the center value of the observations.…

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Added by Muhammad Touhidul Islam on July 19, 2021 at 10:00pm — 1 Comment

Cluster sampling: A probability sampling technique

cluster sampling

Image source: Statistical Aid

Cluster sampling is defined as a sampling method where multiple clusters of people are created…

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Added by Muhammad Touhidul Islam on July 13, 2021 at 8:18am — No Comments

Detect natural disasters with the help of predictive analytics tools

Predictive analytics tools are a key asset in detecting natural disasters. With higher accuracy than other weather detection sensors, they can detect early signs of an oncoming calamity to prevent mistakes like the one that happened in 2016.…

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Added by Ari Vivekanandarajah on July 12, 2021 at 5:30am — 1 Comment

What is data analysis and why is it important?

Data analysis is the process of evaluating data using analytical and statistical tools to discover useful information and help you make business decisions. There are several methods for analyzing data, including data mining, text analysis, business intelligence, and data visualization.Not only does the most complex application data needs analysis but even a…

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Added by Angelina Smith on July 12, 2021 at 3:00am — No Comments

A Few Useful Techniques for Business Forecasting

Forecasting is the process of making prediction of the future based on past and present data.

In many cases…

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Added by Muhammad Touhidul Islam on July 9, 2021 at 3:00am — 1 Comment

What is a Data Mesh?

Data mesh is an architectural paradigm that unveils analytical data at scale, rapidly releasing access to an increasing number of distributed domain data sets for a proliferation of consumption scenarios such as machine learning, analytics, or data-intensive applications across the organization. It addresses the standard failure modes of the…

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Added by DQLabs AI on July 8, 2021 at 2:30am — 1 Comment

The Important Components of Augmented Analytics

When it comes to the new world of analytics, the augmented analytics approach allows business users with no data science background to readily access and use analytics in an intuitive way. There are some important aspects of this approach, including auto machine learning, natural language processing (NLP) and intuitive search…

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Added by Kartik Patel on July 7, 2021 at 12:00am — No Comments

A must have tool to analyse latest AI research papers fast

Here is a great too for your AI research

I feel like a kid in a candy shop! 

If you are like me, and want to stay on top of AI, you spend a lot of time working through research papers

However, there is no tool which can show you great new research in AI in near real time

So, it was great to find this free and open source…

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Added by ajit jaokar on July 4, 2021 at 3:00am — 2 Comments

Is Facebook’s “Prophet” the Time-Series Messiah, or Just a Very Naughty Boy?

A debate rages on page one of Hacker News about the merits of the world's most downloaded time-series library. Facebook’s …

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Added by Peter Cotton on July 2, 2021 at 9:30am — No Comments

The Lost Art of Decile Analysis

                                                                  Image Source: Author

“Logistic Regression is not Regression but a Classification Algorithm”.…

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Added by Ridhima Kumar on June 19, 2021 at 11:30pm — No Comments

Applying Regression-based Machine Learning to Web Scraping

Whenever we begin dealing with machine learning, we often turn to the simpler classification models. In fact, people outside of this sphere have mostly seen those models at work. After all, image recognition has become the poster child of machine learning.…

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Added by Aleksandras Sulzenko on June 17, 2021 at 9:30pm — No Comments

Why was Power BI considered the best BI tool?

Power BI was chosen by Gartner as the best BI tool in the world. This has been happening for the twelfth consecutive year, which reinforces the platform's power.

When it comes to Business Intelligence and…

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Added by Cleverson Alexandrini Falciano on June 17, 2021 at 1:00pm — No Comments

De-constructing Use Cases for Big Data Solutions

Big data analytics are used in the quite classy analytic techniques on tremendously big varied data groups that include organized, and unorganized data from many separate bases, and all over the various sizes from terabytes to exabytes.

Data pertaining to a massive…

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Added by Divyesh Aegis on June 14, 2021 at 3:30am — No Comments

Outbreak Analytics at the Forefront of Data Science

  • Epidemics remain a major public health issue. 
  • Data science steps in when traditional modeling methods fail.
  • Outbreak analytics can handle the complex data involved in pandemic assessment.

The last two decades saw more new infectious diseases of global concern than in any similar period of history [1]. Ebola, Influenza A…

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Added by Stephanie Glen on June 11, 2021 at 8:08am — 2 Comments

An overview of Quadrat Sampling

                                                     Image source:…
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Added by Muhammad Touhidul Islam on June 5, 2021 at 6:00am — No Comments

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