Apr 02, 20: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

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[  COVER OF THE WEEK ]

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Human resource  Source

[ AnalyticsWeek BYTES]

>> Can Big Data Tell Us What Clinical Trials Don’t? by analyticsweekpick

>> Five Reasons to Create Custom Variables in Adobe Analytics by administrator

>> Introducing MLflow: an Open Source Machine Learning Platform by analyticsweek

Wanna write? Click Here

[ FEATURED COURSE]

A Course in Machine Learning

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Machine learning is the study of algorithms that learn from data and experience. It is applied in a vast variety of application areas, from medicine to advertising, from military to pedestrian. Any area in which you need… more

[ FEATURED READ]

How to Create a Mind: The Secret of Human Thought Revealed

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Ray Kurzweil is arguably today’s most influential—and often controversial—futurist. In How to Create a Mind, Kurzweil presents a provocative exploration of the most important project in human-machine civilization—reverse… more

[ TIPS & TRICKS OF THE WEEK]

Strong business case could save your project
Like anything in corporate culture, the project is oftentimes about the business, not the technology. With data analysis, the same type of thinking goes. It’s not always about the technicality but about the business implications. Data science project success criteria should include project management success criteria as well. This will ensure smooth adoption, easy buy-ins, room for wins and co-operating stakeholders. So, a good data scientist should also possess some qualities of a good project manager.

[ 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 #Podcast with Joe DeCosmo, @Enova

 #BigData @AnalyticsWeek #FutureOfData #Podcast with Joe DeCosmo, @Enova

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[ QUOTE OF THE WEEK]

Data beats emotions. – Sean Rad, founder of Ad.ly

[ PODCAST OF THE WEEK]

@JohnNives on ways to demystify AI for enterprise #FutureOfData #Podcast

 @JohnNives on ways to demystify AI for enterprise #FutureOfData #Podcast

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[ FACT OF THE WEEK]

Data production will be 44 times greater in 2020 than it was in 2009.

Sourced from: Analytics.CLUB #WEB Newsletter

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