The 7 Most Important Data Mining Techniques
Data mining is the process of looking at large banks of information to generate new information. Intuitively, you might think that data “mining” refers to the extract...
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Wish Christmas with R
This post is dedicated to all the R Lovers…Flaunt your knowledge of R programming in your peer group with the following code. Wish Christmas with R Method 1 : Run ...
Artificial Intelligence (AI) Disrupts the Traditional Insurance Industry
For long, insurance firms have been relying on traditional virtual assistants. But with the advent of improved analytics, insurance technology startups (better known as I...
Market Mix Modeling (MMM)
Market Mix Modeling (MMM) is a technique which helps in quantifying the impact of several marketing inputs on sales or Market Share. The purpose of using MMM is to unders...
Standard Error of the Regression vs. R-squared
This article was written by Jim Frost. The standard error of the regression (S) and R-squared are two key goodness-of-fit measures for regression analysis. While R-squar...
Understanding Behavioral Economics to Change Behaviors with Big Data
My good friend Vinnie participates in an automobile insurance program that rewards him for good driving behaviors; the better driving behaviors he exhibits, the more mone...
Intelligent System To Analyze Feedback Sentiments
This paper enlightens the way companies can design Intelligent System to understand their customers’ sentiments better to improve their experience, which will help the ...
Using Algorithms to Identify Serial Killers
The New Yorker wrote an article about a retired reporter using algorithm to sort through murder statistics to identify link murders to the same serial killer. The article...
The Difference between Data Scientists, Data Engineers, Statisticians, and Software Engineers
Finding out the difference between data scientists, data engineers, software engineers, and statisticians can be confusing and complicated. While all of them are linked t...
Elasticsearch for Dummies
Have you heard about the popular open source tool used for searching and indexing that is used by giants like Wikipedia and Linkedin? No, I’m pretty sure you may have h...