Oct 24, 19: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

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[  COVER OF THE WEEK ]

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Fake data  Source

[ AnalyticsWeek BYTES]

>> The User Experience of Health Insurance Websites by analyticsweek

>> Top Reasons Why Banking & Financial Institutions Are Relying on Big Data Analytics by thomassujain

>> It’s Official! Talend to Welcome Stitch to the Family! by analyticsweekpick

Wanna write? Click Here

[ FEATURED COURSE]

Hadoop Starter Kit

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Hadoop learning made easy and fun. Learn HDFS, MapReduce and introduction to Pig and Hive with FREE cluster access…. more

[ FEATURED READ]

Machine Learning With Random Forests And Decision Trees: A Visual Guide For Beginners

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If you are looking for a book to help you understand how the machine learning algorithms “Random Forest” and “Decision Trees” work behind the scenes, then this is a good book for you. Those two algorithms are commonly u… more

[ 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 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]

Pascal Marmier (@pmarmier) @SwissRe discusses running data driven innovation catalyst

 Pascal Marmier (@pmarmier) @SwissRe discusses running data driven innovation catalyst

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[ QUOTE OF THE WEEK]

It’s easy to lie with statistics. It’s hard to tell the truth without statistics. – Andrejs Dunkels

[ PODCAST OF THE WEEK]

#BigData @AnalyticsWeek #FutureOfData #Podcast with @ScottZoldi, @FICO

 #BigData @AnalyticsWeek #FutureOfData #Podcast with @ScottZoldi, @FICO

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[ FACT OF THE WEEK]

Poor data across businesses and the government costs the U.S. economy $3.1 trillion dollars a year.

Sourced from: Analytics.CLUB #WEB Newsletter

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