[ COVER OF THE WEEK ]
statistical anomaly Source
[ AnalyticsWeek BYTES]
>> 7 Lessons From Apple To Small Business by v1shal
>> September 12, 2016 Health and Biotech Analytics News Roundup by pstein
>> Data Analytics and Organization Maturity by v1shal
[ NEWS BYTES]
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Top 30 Sites For Free Enterprise Software Research – Forbes Under Marketing Analytics
>>
InsightXM Launches Event Data Analytics Package Tailored to Event Planners – TSNN Trade Show News Under Analytics
>>
Data security upgrade by ANSecurity helps Lincolnshire health organisations save £100000 – SecurityNewsDesk Under Data Security
[ FEATURED COURSE]
R Basics – R Programming Language Introduction
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Learn the essentials of R Programming – R Beginner Level!… more |
[ FEATURED READ]
Superintelligence: Paths, Dangers, Strategies
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[ TIPS & TRICKS OF THE WEEK]
Analytics Strategy that is Startup Compliant
With right tools, capturing data is easy but not being able to handle data could lead to chaos. One of the most reliable startup strategy for adopting data analytics is TUM or The Ultimate Metric. This is the metric that matters the most to your startup. Some advantages of TUM: It answers the most important business question, it cleans up your goals, it inspires innovation and helps you understand the entire quantified business.
[ DATA SCIENCE Q&A]
Q:What is statistical power?
A: * sensitivity of a binary hypothesis test
* Probability that the test correctly rejects the null hypothesis H0H0 when the alternative is true H1H1
* Ability of a test to detect an effect, if the effect actually exists
* Power=P(reject H0|H1istrue)
* As power increases, chances of Type II error (false negative) decrease
* Used in the design of experiments, to calculate the minimum sample size required so that one can reasonably detects an effect. i.e: how many times do I need to flip a coin to conclude it is biased?
* Used to compare tests. Example: between a parametric and a non-parametric test of the same hypothesis
Source
[ VIDEO OF THE WEEK]
#BigData @AnalyticsWeek #FutureOfData with Jon Gibs(@jonathangibs) @L2_Digital
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[ QUOTE OF THE WEEK]
Getting information off the Internet is like taking a drink from a firehose. Mitchell Kapor
[ PODCAST OF THE WEEK]
@BrianHaugli @The_Hanover ?on Building a #Leadership #Security #Mindset #FutureOfData #Podcast
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[ FACT OF THE WEEK]
Decoding the human genome originally took 10 years to process; now it can be achieved in one week.