[ COVER OF THE WEEK ]
[ NEWS BYTES]
[ FEATURED COURSE]
[ FEATURED READ]
Data science libraries, frameworks, modules, and toolkits are great for doing data science, but they’re also a good way to dive into the discipline without actually understanding data science. In this book, you’ll learn … more
[ TIPS & TRICKS OF THE WEEK]
Data aids, not replace judgement
Data is a tool and means to help build a consensus to facilitate human decision-making but not replace it. Analysis converts data into information, information via context leads to insight. Insights lead to decision making which ultimately leads to outcomes that brings value. So, data is just the start, context and intuition plays a role.
[ DATA SCIENCE Q&A]
Q:Is it better to spend 5 days developing a 90% accurate solution, or 10 days for 100% accuracy? Depends on the context?
A: * premature optimization is the root of all evils
* At the beginning: quick-and-dirty model is better
* Optimization later
– Depends on the context
– Is error acceptable? Fraud detection, quality assurance
[ VIDEO OF THE WEEK]
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[ QUOTE OF THE WEEK]
Data is not information, information is not knowledge, knowledge is not understanding, understanding is not wisdom. Clifford Stoll
[ PODCAST OF THE WEEK]
[ FACT OF THE WEEK]
100 terabytes of data uploaded daily to Facebook.