PG Madhavan's Blog – January 2016 Archive (2)

Prediction – the other dismal science?

An insightful person once said, “Prediction is like driving your car forward by looking only at the rearview mirror!”. If the road is dead-straight, you are good . . . UNLESS there is a stalled vehicle ahead in the middle of the road.

We should consider short-term and long-term prediction separately. Long-term prediction is nearly a lost cause. In the 80’s and 90’s, chaos and complexity theorists showed us that things can spin out of control even when we have perfect…


Added by PG Madhavan on January 26, 2016 at 2:08pm — No Comments

BIG Data & Analytics, Data Science, Machine Learning - Random Insights!

#1: What really is BIG Data?

Today, we can store and process so much data that we have nearly captured reality; no more sampling biases/ errors or related issues - this is my definition of Big Data; not tera or peta bytes! If you have measured the entire population (or close to it) and not sample just a small fraction, resulting data is BIG Data!


#2: Analytics - what is in a name?

Analytics, Machine…


Added by PG Madhavan on January 26, 2016 at 11:15am — 5 Comments

Monthly Archives





© 2021   TechTarget, Inc.   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service