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All Blog Posts Tagged 'in' (64)

The Curse of the Bell Curve – Part 2

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…

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Added by Gaurav Vohra on January 15, 2013 at 12:29am — No Comments

3 Degrees that Will Prepare You for a Career in Analytics

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…

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Added by Gaurav Vohra on October 29, 2012 at 9:40pm — 1 Comment

Analytics on Unstructured data – Twitter, Facebook and Social Media

Quoting Wikipedia: - Unstructured Data (or unstructured information) refers to information that either does not have a pre-defined data model and/or does not fit well into relational tables. Unstructured information is typically text-heavy, but may…

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Added by Gaurav Vohra on October 18, 2012 at 10:27pm — 1 Comment

Data Analytics in Business

Today Analytics is the heart of a Business. Companies are challenged with a high volume and broad array of data which requires active and effective analysis. Analysis can help them make enhanced and improved business decisions, and hence help the business to maintain profitability. "Companies need to compete on the basis of key business processes, and how they optimize these processes with analytics," says Thomas Davenport, professor and director of research, Babson College, USA. Business…

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Added by AcademyForDecisionScience&Analyt on August 16, 2012 at 1:40am — No Comments

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