Feb 25, 21: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

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Accuracy check  Source

[ AnalyticsWeek BYTES]

>> Tips to Help Get the Most Value from Data Analytics and Database Support by thomassujain

>> Data Science Models Build on Each Other by analyticsweek

>> Rishad Tobaccowala (@rishad) on restoring the soul of business Work 2.0 Podcast #FutureofWork #Work2dot0 #Podcast by v1shal

Wanna write? Click Here

[ FEATURED COURSE]

Baseball Data Wrangling with Vagrant, R, and Retrosheet

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Analytics with the Chadwick tools, dplyr, and ggplot…. more

[ FEATURED READ]

The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World

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In the world’s top research labs and universities, the race is on to invent the ultimate learning algorithm: one capable of discovering any knowledge from data, and doing anything we want, before we even ask. In The Mast… 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 have 100 small hash tables or one big hash table, in memory, in terms of access speed (assuming both fit within RAM)? What do you think about in-database analytics?
A: Hash tables:
– Average case O(1)O(1) lookup time
– Lookup time doesn’t depend on size

Even in terms of memory:
– O(n)O(n) memory
– Space scales linearly with number of elements
– Lots of dictionaries won’t take up significantly less space than a larger one

In-database analytics:
– Integration of data analytics in data warehousing functionality
– Much faster and corporate information is more secure, it doesn’t leave the enterprise data warehouse
Good for real-time analytics: fraud detection, credit scoring, transaction processing, pricing and margin analysis, behavioral ad targeting and recommendation engines

Source

[ VIDEO OF THE WEEK]

#BigData @AnalyticsWeek #FutureOfData #Podcast with Dr. Nipa Basu, @DnBUS

 #BigData @AnalyticsWeek #FutureOfData #Podcast with Dr. Nipa Basu, @DnBUS

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[ QUOTE OF THE WEEK]

I’m sure, the highest capacity of storage device, will not enough to record all our stories; because, everytime with you is very valuable da

[ PODCAST OF THE WEEK]

#FutureOfData Podcast: Peter Morgan, CEO, Deep Learning Partnership

 #FutureOfData Podcast: Peter Morgan, CEO, Deep Learning Partnership

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[ FACT OF THE WEEK]

Retailers who leverage the full power of big data could increase their operating margins by as much as 60%.

Sourced from: Analytics.CLUB #WEB Newsletter

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