May 04, 17: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

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Data interpretation  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> Improving the Value of Customer Experience Analytics by bobehayes

>> For the Bold, Bullied & Beautiful by v1shal

>> Big Data Provides Big Insights for U.S. Hospitals by bobehayes

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[ NEWS BYTES]

>>
 Streaming analytics market forecast for 2016 made available by top research firm – WhaTech Under  Streaming Analytics

>>
 Research details developments in the financial analytics global market analysis and forecast to 2021 – WhaTech Under  Financial Analytics

>>
 6 Questions Every CEO Should Ask About Their Data Security – Information Management Under  Data Security

More NEWS ? Click Here

[ FEATURED COURSE]

Data Mining

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Data that has relevance for managerial decisions is accumulating at an incredible rate due to a host of technological advances. Electronic data capture has become inexpensive and ubiquitous as a by-product of innovations… more

[ FEATURED READ]

The Misbehavior of Markets: A Fractal View of Financial Turbulence

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Mathematical superstar and inventor of fractal geometry, Benoit Mandelbrot, has spent the past forty years studying the underlying mathematics of space and natural patterns. What many of his followers don’t realize is th… more

[ TIPS & TRICKS OF THE WEEK]

Grow at the speed of collaboration
A research by Cornerstone On Demand pointed out the need for better collaboration within workforce, and data analytics domain is no different. A rapidly changing and growing industry like data analytics is very difficult to catchup by isolated workforce. A good collaborative work-environment facilitate better flow of ideas, improved team dynamics, rapid learning, and increasing ability to cut through the noise. So, embrace collaborative team dynamics.

[ DATA SCIENCE JOB Q&A]

Q:What is the Central Limit Theorem? Explain it. Why is it important?
A: The CLT states that the arithmetic mean of a sufficiently large number of iterates of independent random variables will be approximately normally distributed regardless of the underlying distribution. i.e: the sampling distribution of the sample mean is normally distributed.
– Used in hypothesis testing
– Used for confidence intervals
– Random variables must be iid: independent and identically distributed
– Finite variance

Source

[ VIDEO OF THE WEEK]

Data-As-A-Service (#DAAS) to enable compliance reporting

 Data-As-A-Service (#DAAS) to enable compliance reporting

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[ QUOTE OF THE WEEK]

The world is one big data problem. – Andrew McAfee

[ PODCAST OF THE WEEK]

#GlobalBusiness at the speed of The #BigAnalytics

 #GlobalBusiness at the speed of The #BigAnalytics

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[ FACT OF THE WEEK]

A quarter of decision-makers surveyed predict that data volumes in their companies will rise by more than 60 per cent by the end of 2014, with the average of all respondents anticipating a growth of no less than 42 per cent.

Sourced from: Analytics.CLUB #WEB Newsletter

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