Nov 08, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
Data shortage  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ FEATURED COURSE]

Deep Learning Prerequisites: The Numpy Stack in Python

image

The Numpy, Scipy, Pandas, and Matplotlib stack: prep for deep learning, machine learning, and artificial intelligence… more

[ FEATURED READ]

Data Science for Business: What You Need to Know about Data Mining and Data-Analytic Thinking

image

Written by renowned data science experts Foster Provost and Tom Fawcett, Data Science for Business introduces the fundamental principles of data science, and walks you through the “data-analytic thinking” necessary for e… more

[ TIPS & TRICKS OF THE WEEK]

Fix the Culture, spread awareness to get awareness
Adoption of analytics tools and capabilities has not yet caught up to industry standards. Talent has always been the bottleneck towards achieving the comparative enterprise adoption. One of the primal reason is lack of understanding and knowledge within the stakeholders. To facilitate wider adoption, data analytics leaders, users, and community members needs to step up to create awareness within the organization. An aware organization goes a long way in helping get quick buy-ins and better funding which ultimately leads to faster adoption. So be the voice that you want to hear from leadership.

[ DATA SCIENCE Q&A]

Q:What is your definition of big data?
A: Big data is high volume, high velocity and/or high variety information assets that require new forms of processing
– Volume: big data doesn’t sample, just observes and tracks what happens
– Velocity: big data is often available in real-time
– Variety: big data comes from texts, images, audio, video…

Difference big data/business intelligence:
– Business intelligence uses descriptive statistics with data with high density information to measure things, detect trends etc.
– Big data uses inductive statistics (statistical inference) and concepts from non-linear system identification to infer laws (regression, classification, clustering) from large data sets with low density information to reveal relationships and dependencies or to perform prediction of outcomes or behaviors

Source

[ VIDEO OF THE WEEK]

@BrianHaugli @The_Hanover ?on Building a #Leadership #Security #Mindset #FutureOfData #Podcast

 @BrianHaugli @The_Hanover ?on Building a #Leadership #Security #Mindset #FutureOfData #Podcast

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

If you can’t explain it simply, you don’t understand it well enough. – Albert Einstein

[ PODCAST OF THE WEEK]

#BigData @AnalyticsWeek #FutureOfData #Podcast with @MPFlowersNYC, @enigma_data

 #BigData @AnalyticsWeek #FutureOfData #Podcast with @MPFlowersNYC, @enigma_data

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

140,000 to 190,000. Too few people with deep analytical skills to fill the demand of Big Data jobs in the U.S. by 2018.

Sourced from: Analytics.CLUB #WEB Newsletter

Nov 01, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
Accuracy check  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> The User Experience of State Government Websites by analyticsweek

>> Marginal gains: the rise of data analytics in sport by analyticsweekpick

>> The Pitfalls of Using Predictive Models by bobehayes

Wanna write? Click Here

[ NEWS BYTES]

>>
 How to Avoid the Trap of Fragmented Security Analytics – Security Intelligence (blog) Under  Analytics

>>
 Are You Spending Too Much (or Too Little) on Cybersecurity? – Data Center Knowledge Under  Data Center

>>
 Most UK businesses are not insured against security breaches and data loss, says study – Information Age Under  Data Security

More NEWS ? Click Here

[ FEATURED COURSE]

Python for Beginners with Examples

image

A practical Python course for beginners with examples and exercises…. more

[ FEATURED READ]

Superintelligence: Paths, Dangers, Strategies

image

The human brain has some capabilities that the brains of other animals lack. It is to these distinctive capabilities that our species owes its dominant position. Other animals have stronger muscles or sharper claws, but … more

[ TIPS & TRICKS OF THE WEEK]

Keeping Biases Checked during the last mile of decision making
Today a data driven leader, a data scientist or a data driven expert is always put to test by helping his team solve a problem using his skills and expertise. Believe it or not but a part of that decision tree is derived from the intuition that adds a bias in our judgement that makes the suggestions tainted. Most skilled professionals do understand and handle the biases well, but in few cases, we give into tiny traps and could find ourselves trapped in those biases which impairs the judgement. So, it is important that we keep the intuition bias in check when working on a data problem.

[ DATA SCIENCE Q&A]

Q:You have data on the durations of calls to a call center. Generate a plan for how you would code and analyze these data. Explain a plausible scenario for what the distribution of these durations might look like. How could you test, even graphically, whether your expectations are borne out?
A: 1. Exploratory data analysis
* Histogram of durations
* histogram of durations per service type, per day of week, per hours of day (durations can be systematically longer from 10am to 1pm for instance), per employee…
2. Distribution: lognormal?

3. Test graphically with QQ plot: sample quantiles of log(durations)log?(durations) Vs normal quantiles

Source

[ VIDEO OF THE WEEK]

@AnalyticsWeek #FutureOfData with Robin Thottungal(@rathottungal), Chief Data Scientist at @EPA

 @AnalyticsWeek #FutureOfData with Robin Thottungal(@rathottungal), Chief Data Scientist at @EPA

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

Everybody gets so much information all day long that they lose their common sense. – Gertrude Stein

[ PODCAST OF THE WEEK]

Solving #FutureOfOrgs with #Detonate mindset (by @steven_goldbach & @geofftuff) #FutureOfData #Podcast

 Solving #FutureOfOrgs with #Detonate mindset (by @steven_goldbach & @geofftuff) #FutureOfData #Podcast

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

Brands and organizations on Facebook receive 34,722 Likes every minute of the day.

Sourced from: Analytics.CLUB #WEB Newsletter

Oct 25, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
Conditional Risk  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> Avoiding a Data Science Hype Bubble by analyticsweek

>> The User Experience of University Websites by analyticsweek

>> Landscape of Big Data by v1shal

Wanna write? Click Here

[ NEWS BYTES]

>>
 Beckage PLLC focuses on data security – Buffalo Business First Under  Data Security

>>
 â€‹The data center is dead: Here’s what comes next | ZDNet – ZDNet Under  Data Center

>>
 Global Automotive HVAC Sensors Market Outlook, Size, Status, and Forecast to 2025 – City Councilor Under  Financial Analytics

More NEWS ? Click Here

[ FEATURED COURSE]

Lean Analytics Workshop – Alistair Croll and Ben Yoskovitz

image

Use data to build a better startup faster in partnership with Geckoboard… more

[ FEATURED READ]

Data Science for Business: What You Need to Know about Data Mining and Data-Analytic Thinking

image

Written by renowned data science experts Foster Provost and Tom Fawcett, Data Science for Business introduces the fundamental principles of data science, and walks you through the “data-analytic thinking” necessary for e… 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 do you think about the idea of injecting noise in your data set to test the sensitivity of your models?
A: * Effect would be similar to regularization: avoid overfitting
* Used to increase robustness

Source

[ VIDEO OF THE WEEK]

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

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

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

Without big data, you are blind and deaf and in the middle of a freeway. – Geoffrey Moore

[ PODCAST OF THE WEEK]

#BigData #BigOpportunity in Big #HR by @MarcRind #JobsOfFuture #Podcast

 #BigData #BigOpportunity in Big #HR by @MarcRind #JobsOfFuture #Podcast

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

A quarter of decision-makers surveyed predict that data volumes in their companies will rise by more than 60 per cent by the end of 2014, with the average of all respondents anticipating a growth of no less than 42 per cent.

Sourced from: Analytics.CLUB #WEB Newsletter

Oct 18, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
Ethics  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ NEWS BYTES]

>>
 Cray Inc (NASDAQ:CRAY) Institutional Investor Sentiment Analysis – Thorold News Under  Sentiment Analysis

>>
 Crimson Hexagon’s Plight In Five Words: Facebook Doesn’t Want … – AdExchanger Under  Social Analytics

>>
 Unisys Unveils TrustCheck™, the First Subscription-Based Service … – APN News Under  Risk Analytics

More NEWS ? Click Here

[ FEATURED COURSE]

Process Mining: Data science in Action

image

Process mining is the missing link between model-based process analysis and data-oriented analysis techniques. Through concrete data sets and easy to use software the course provides data science knowledge that can be ap… more

[ FEATURED READ]

The Industries of the Future

image

The New York Times bestseller, from leading innovation expert Alec Ross, a “fascinating vision” (Forbes) of what’s next for the world and how to navigate the changes the future will bring…. more

[ TIPS & TRICKS OF THE WEEK]

Data Analytics Success Starts with Empowerment
Being Data Driven is not as much of a tech challenge as it is an adoption challenge. Adoption has it’s root in cultural DNA of any organization. Great data driven organizations rungs the data driven culture into the corporate DNA. A culture of connection, interactions, sharing and collaboration is what it takes to be data driven. Its about being empowered more than its about being educated.

[ DATA SCIENCE Q&A]

Q:How would you define and measure the predictive power of a metric?
A: * Predictive power of a metric: the accuracy of a metric’s success at predicting the empirical
* They are all domain specific
* Example: in field like manufacturing, failure rates of tools are easily observable. A metric can be trained and the success can be easily measured as the deviation over time from the observed
* In information security: if the metric says that an attack is coming and one should do X. Did the recommendation stop the attack or the attack never happened?

Source

[ VIDEO OF THE WEEK]

Understanding #BigData #BigOpportunity in Big HR by @MarcRind #FutureOfData #Podcast

 Understanding #BigData #BigOpportunity in Big HR by @MarcRind #FutureOfData #Podcast

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

You can use all the quantitative data you can get, but you still have to distrust it and use your own intelligence and judgment. – Alvin Tof

[ PODCAST OF THE WEEK]

@Schmarzo @DellEMC on Ingredients of healthy #DataScience practice #FutureOfData #Podcast

 @Schmarzo @DellEMC on Ingredients of healthy #DataScience practice #FutureOfData #Podcast

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

IDC Estimates that by 2020,business transactions on the internet- business-to-business and business-to-consumer – will reach 450 billion per day.

Sourced from: Analytics.CLUB #WEB Newsletter

Oct 11, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
statistical anomaly  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> How to Successfully Incorporate Analytics Into Your Growth Marketing Process by analyticsweek

>> How the lack of the right data affects the promise of big data in India by analyticsweekpick

>> SDN and network function virtualization market worth $ 45.13 billion by 2020 by analyticsweekpick

Wanna write? Click Here

[ NEWS BYTES]

>>
 Marketing Analytics Software Market Effect and Growth Factors Research and Projection – Coherent News (press release) (blog) Under  Marketing Analytics

>>
 Streaming Analytics Market Research Study including Growth Factors, Types and Application by regions from 2017 to … – managementjournal24.com Under  Streaming Analytics

>>
 State Street: Latest investor sentiment towards Brexit – Asset Servicing Times Under  Risk Analytics

More NEWS ? Click Here

[ FEATURED COURSE]

CPSC 540 Machine Learning

image

Machine learning (ML) is one of the fastest growing areas of science. It is largely responsible for the rise of giant data companies such as Google, and it has been central to the development of lucrative products, such … more

[ FEATURED READ]

The Future of the Professions: How Technology Will Transform the Work of Human Experts

image

This book predicts the decline of today’s professions and describes the people and systems that will replace them. In an Internet society, according to Richard Susskind and Daniel Susskind, we will neither need nor want … more

[ TIPS & TRICKS OF THE WEEK]

Fix the Culture, spread awareness to get awareness
Adoption of analytics tools and capabilities has not yet caught up to industry standards. Talent has always been the bottleneck towards achieving the comparative enterprise adoption. One of the primal reason is lack of understanding and knowledge within the stakeholders. To facilitate wider adoption, data analytics leaders, users, and community members needs to step up to create awareness within the organization. An aware organization goes a long way in helping get quick buy-ins and better funding which ultimately leads to faster adoption. So be the voice that you want to hear from leadership.

[ DATA SCIENCE Q&A]

Q:What are the drawbacks of linear model? Are you familiar with alternatives (Lasso, ridge regression)?
A: * Assumption of linearity of the errors
* Can’t be used for count outcomes, binary outcomes
* Can’t vary model flexibility: overfitting problems
* Alternatives: see question 4 about regularization

Source

[ VIDEO OF THE WEEK]

Understanding #FutureOfData in #Health & #Medicine - @thedataguru / @InovaHealth #FutureOfData #Podcast

 Understanding #FutureOfData in #Health & #Medicine – @thedataguru / @InovaHealth #FutureOfData #Podcast

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

Data matures like wine, applications like fish. – James Governor

[ PODCAST OF THE WEEK]

Discussing Forecasting with Brett McLaughlin (@akabret), @Akamai

 Discussing Forecasting with Brett McLaughlin (@akabret), @Akamai

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

94% of Hadoop users perform analytics on large volumes of data not possible before; 88% analyze data in greater detail; while 82% can now retain more of their data.

Sourced from: Analytics.CLUB #WEB Newsletter

Oct 04, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

Connection Information

To perform the requested action, WordPress needs to access your web server. Please enter your FTP credentials to proceed. If you do not remember your credentials, you should contact your web host.

Connection Type

FTP

FTPS (SSL)

[  COVER OF THE WEEK ]

image
Data interpretation  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> The End of Transformation: Expediting Data Preparation and Analytics with Edge Computing by jelaniharper

>> Movie Recommendations? How Does Netflix Do It? A 9 Step Coding & Intuitive Guide Into Collaborative Filtering by nbhaskar

>> Your Firm’s Culture Need to Catch Up with its Business Analytics? by analyticsweekpick

Wanna write? Click Here

[ FEATURED COURSE]

Artificial Intelligence

image

This course includes interactive demonstrations which are intended to stimulate interest and to help students gain intuition about how artificial intelligence methods work under a variety of circumstances…. more

[ FEATURED READ]

Big Data: A Revolution That Will Transform How We Live, Work, and Think

image

“Illuminating and very timely . . . a fascinating — and sometimes alarming — survey of big data’s growing effect on just about everything: business, government, science and medicine, privacy, and even on the way we think… more

[ TIPS & TRICKS OF THE WEEK]

Save yourself from zombie apocalypse from unscalable models
One living and breathing zombie in today’s analytical models is the pulsating absence of error bars. Not every model is scalable or holds ground with increasing data. Error bars that is tagged to almost every models should be duly calibrated. As business models rake in more data the error bars keep it sensible and in check. If error bars are not accounted for, we will make our models susceptible to failure leading us to halloween that we never wants to see.

[ DATA SCIENCE Q&A]

Q:Give examples of bad and good visualizations?
A: Bad visualization:
– Pie charts: difficult to make comparisons between items when area is used, especially when there are lots of items
– Color choice for classes: abundant use of red, orange and blue. Readers can think that the colors could mean good (blue) versus bad (orange and red) whereas these are just associated with a specific segment
– 3D charts: can distort perception and therefore skew data
– Using a solid line in a line chart: dashed and dotted lines can be distracting

Good visualization:
– Heat map with a single color: some colors stand out more than others, giving more weight to that data. A single color with varying shades show the intensity better
– Adding a trend line (regression line) to a scatter plot help the reader highlighting trends

Source

[ VIDEO OF THE WEEK]

Solving #FutureOfOrgs with #Detonate mindset (by @steven_goldbach & @geofftuff) #FutureOfData #Podcast

 Solving #FutureOfOrgs with #Detonate mindset (by @steven_goldbach & @geofftuff) #FutureOfData #Podcast

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

The most valuable commodity I know of is information. – Gordon Gekko

[ PODCAST OF THE WEEK]

#BigData @AnalyticsWeek #FutureOfData with Jon Gibs(@jonathangibs) @L2_Digital

 #BigData @AnalyticsWeek #FutureOfData with Jon Gibs(@jonathangibs) @L2_Digital

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

The Hadoop (open source software for distributed computing) market is forecast to grow at a compound annual growth rate 58% surpassing $1 billion by 2020.

Sourced from: Analytics.CLUB #WEB Newsletter

Sep 27, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
Complex data  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> Practical Tips for Running a PURE Evaluation by analyticsweek

>> Big Data Explained in Less Than 2 Minutes – To Absolutely Anyone by analyticsweekpick

>> 20 Best Practices in Customer Feedback Programs: Building a Customer-Centric Company by bobehayes

Wanna write? Click Here

[ NEWS BYTES]

>>
 DENAVE launches DENSALES – an end-to-end sales force automation solution – Express Computer (press release) (blog) Under  Sales Analytics

>>
 Hyperconverged Startup Cohesity Hits $200M Annual Sales Pace – Data Center Knowledge Under  Data Center

>>
 Like Magic: Seamless Customer Care In An IoT-Connected World – Forbes Under  Customer Experience

More NEWS ? Click Here

[ FEATURED COURSE]

CS229 – Machine Learning

image

This course provides a broad introduction to machine learning and statistical pattern recognition. … more

[ FEATURED READ]

The Signal and the Noise: Why So Many Predictions Fail–but Some Don’t

image

People love statistics. Statistics, however, do not always love them back. The Signal and the Noise, Nate Silver’s brilliant and elegant tour of the modern science-slash-art of forecasting, shows what happens when Big Da… more

[ TIPS & TRICKS OF THE WEEK]

Winter is coming, warm your Analytics Club
Yes and yes! As we are heading into winter what better way but to talk about our increasing dependence on data analytics to help with our decision making. Data and analytics driven decision making is rapidly sneaking its way into our core corporate DNA and we are not churning practice ground to test those models fast enough. Such snugly looking models have hidden nails which could induce unchartered pain if go unchecked. This is the right time to start thinking about putting Analytics Club[Data Analytics CoE] in your work place to help Lab out the best practices and provide test environment for those models.

[ DATA SCIENCE Q&A]

Q:Compare R and Python
A: R
– Focuses on better, user friendly data analysis, statistics and graphical models
– The closer you are to statistics, data science and research, the more you might prefer R
– Statistical models can be written with only a few lines in R
– The same piece of functionality can be written in several ways in R
– Mainly used for standalone computing or analysis on individual servers
– Large number of packages, for anything!

Python
– Used by programmers that want to delve into data science
– The closer you are working in an engineering environment, the more you might prefer Python
– Coding and debugging is easier mainly because of the nice syntax
– Any piece of functionality is always written the same way in Python
– When data analysis needs to be implemented with web apps
– Good tool to implement algorithms for production use

Source

[ VIDEO OF THE WEEK]

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

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

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

Data really powers everything that we do. – Jeff Weiner

[ PODCAST OF THE WEEK]

Discussing #InfoSec with @travturn, @hrbrmstr(@rapid7) @thebearconomist(@boozallen) @yaxa_io

 Discussing #InfoSec with @travturn, @hrbrmstr(@rapid7) @thebearconomist(@boozallen) @yaxa_io

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

More than 200bn HD movies – which would take a person 47m years to watch.

Sourced from: Analytics.CLUB #WEB Newsletter

Sep 20, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
Statistics  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> Untangling Big Data for Digital Marketing by analyticsweekpick

>> Talent Analytics: Old Wine In New Bottles? by analyticsweekpick

>> Future of Public Sector and Jobs in #BigData World #FutureOfData #Podcast by v1shal

Wanna write? Click Here

[ NEWS BYTES]

>>
 Artificial intelligence: how much is hype and how much is reality? – Networks Asia Under  Artificial Intelligence

>>
 New Intel chip flaws: ‘Foreshadow’ could wreak havoc on the cloud – The Mercury News Under  Cloud

>>
 Is Your Healthcare Organization Prepared to Withstand a Data Security Breach? – Security Intelligence (blog) Under  Data Security

More NEWS ? Click Here

[ FEATURED COURSE]

Artificial Intelligence

image

This course includes interactive demonstrations which are intended to stimulate interest and to help students gain intuition about how artificial intelligence methods work under a variety of circumstances…. more

[ FEATURED READ]

Python for Data Analysis: Data Wrangling with Pandas, NumPy, and IPython

image

Python for Data Analysis is concerned with the nuts and bolts of manipulating, processing, cleaning, and crunching data in Python. It is also a practical, modern introduction to scientific computing in Python, tailored f… more

[ TIPS & TRICKS OF THE WEEK]

Keeping Biases Checked during the last mile of decision making
Today a data driven leader, a data scientist or a data driven expert is always put to test by helping his team solve a problem using his skills and expertise. Believe it or not but a part of that decision tree is derived from the intuition that adds a bias in our judgement that makes the suggestions tainted. Most skilled professionals do understand and handle the biases well, but in few cases, we give into tiny traps and could find ourselves trapped in those biases which impairs the judgement. So, it is important that we keep the intuition bias in check when working on a data problem.

[ DATA SCIENCE Q&A]

Q:Explain what a false positive and a false negative are. Why is it important these from each other? Provide examples when false positives are more important than false negatives, false negatives are more important than false positives and when these two types of errors are equally important
A: * False positive
Improperly reporting the presence of a condition when it’s not in reality. Example: HIV positive test when the patient is actually HIV negative

* False negative
Improperly reporting the absence of a condition when in reality it’s the case. Example: not detecting a disease when the patient has this disease.

When false positives are more important than false negatives:
– In a non-contagious disease, where treatment delay doesn’t have any long-term consequences but the treatment itself is grueling
– HIV test: psychological impact

When false negatives are more important than false positives:
– If early treatment is important for good outcomes
– In quality control: a defective item passes through the cracks!
– Software testing: a test to catch a virus has failed

Source

[ VIDEO OF THE WEEK]

Understanding #BigData #BigOpportunity in Big HR by @MarcRind #FutureOfData #Podcast

 Understanding #BigData #BigOpportunity in Big HR by @MarcRind #FutureOfData #Podcast

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

It is a capital mistake to theorize before one has data. Insensibly, one begins to twist the facts to suit theories, instead of theories to

[ PODCAST OF THE WEEK]

Solving #FutureOfWork with #Detonate mindset (by @steven_goldbach & @geofftuff) #JobsOfFuture #Podcast

 Solving #FutureOfWork with #Detonate mindset (by @steven_goldbach & @geofftuff) #JobsOfFuture #Podcast

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

By then, our accumulated digital universe of data will grow from 4.4 zettabyets today to around 44 zettabytes, or 44 trillion gigabytes.

Sourced from: Analytics.CLUB #WEB Newsletter

Sep 13, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
Data security  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> How to Use MLflow, TensorFlow, and Keras with PyCharm by analyticsweek

>> The Upper Echelons of Cognitive Computing: Deriving Business Value from Speech Recognition by jelaniharper

>> 20 Best Practices for Customer Feedback Programs: Business Process Integration by bobehayes

Wanna write? Click Here

[ NEWS BYTES]

>>
 Senior Analyst, Marketing Analytics – Built In Chicago Under  Marketing Analytics

>>
 Global Financial Analytics Market 2017-2026 By Raw Materials, Manufacturing Expenses And Process Analysis – DailyHover Under  Financial Analytics

>>
 5 Tactics That Separate Analytics Leaders From Followers – Forbes Under  Analytics

More NEWS ? Click Here

[ FEATURED COURSE]

CS109 Data Science

image

Learning from data in order to gain useful predictions and insights. This course introduces methods for five key facets of an investigation: data wrangling, cleaning, and sampling to get a suitable data set; data managem… more

[ FEATURED READ]

Superintelligence: Paths, Dangers, Strategies

image

The human brain has some capabilities that the brains of other animals lack. It is to these distinctive capabilities that our species owes its dominant position. Other animals have stronger muscles or sharper claws, but … more

[ TIPS & TRICKS OF THE WEEK]

Winter is coming, warm your Analytics Club
Yes and yes! As we are heading into winter what better way but to talk about our increasing dependence on data analytics to help with our decision making. Data and analytics driven decision making is rapidly sneaking its way into our core corporate DNA and we are not churning practice ground to test those models fast enough. Such snugly looking models have hidden nails which could induce unchartered pain if go unchecked. This is the right time to start thinking about putting Analytics Club[Data Analytics CoE] in your work place to help Lab out the best practices and provide test environment for those models.

[ DATA SCIENCE Q&A]

Q:Explain selection bias (with regard to a dataset, not variable selection). Why is it important? How can data management procedures such as missing data handling make it worse?
A: * Selection of individuals, groups or data for analysis in such a way that proper randomization is not achieved
Types:
– Sampling bias: systematic error due to a non-random sample of a population causing some members to be less likely to be included than others
– Time interval: a trial may terminated early at an extreme value (ethical reasons), but the extreme value is likely to be reached by the variable with the largest variance, even if all the variables have similar means
– Data: “cherry picking”, when specific subsets of the data are chosen to support a conclusion (citing examples of plane crashes as evidence of airline flight being unsafe, while the far more common example of flights that complete safely)
– Studies: performing experiments and reporting only the most favorable results
– Can lead to unaccurate or even erroneous conclusions
– Statistical methods can generally not overcome it

Why data handling make it worse?
– Example: individuals who know or suspect that they are HIV positive are less likely to participate in HIV surveys
– Missing data handling will increase this effect as it’s based on most HIV negative
-Prevalence estimates will be unaccurate

Source

[ VIDEO OF THE WEEK]

#GlobalBusiness at the speed of The #BigAnalytics

 #GlobalBusiness at the speed of The #BigAnalytics

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

I keep saying that the sexy job in the next 10 years will be statisticians. And I’m not kidding. – Hal Varian

[ PODCAST OF THE WEEK]

#BigData @AnalyticsWeek #FutureOfData #Podcast with Nathaniel Lin (@analytics123), @NFPA

 #BigData @AnalyticsWeek #FutureOfData #Podcast with Nathaniel Lin (@analytics123), @NFPA

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

More than 200bn HD movies – which would take a person 47m years to watch.

Sourced from: Analytics.CLUB #WEB Newsletter

Sep 06, 18: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

image
Big Data knows everything  Source

[ LOCAL EVENTS & SESSIONS]

More WEB events? Click Here

[ AnalyticsWeek BYTES]

>> Google Cloud security updates for SEO before 2018 GDPR to change business data interactions! by thomassujain

>> Jul 27, 17: #AnalyticsClub #Newsletter (Events, Tips, News & more..) by admin

>> Seven ways predictive analytics can improve healthcare by analyticsweekpick

Wanna write? Click Here

[ NEWS BYTES]

>>
 UI data science degree sees rise in enrollment as chance of employment soars – Daily Illini Under  Data Science

>>
 Know What will be the Future Scenario of Hadoop-as-a-Service Market – Truthful Observer Under  Hadoop

>>
 IoT Time Podcast S.3 Ep.24 Smart City of San Antonio – IoT Evolution World (blog) Under  IOT

More NEWS ? Click Here

[ FEATURED COURSE]

Data Mining

image

Data that has relevance for managerial decisions is accumulating at an incredible rate due to a host of technological advances. Electronic data capture has become inexpensive and ubiquitous as a by-product of innovations… more

[ FEATURED READ]

Thinking, Fast and Slow

image

Drawing on decades of research in psychology that resulted in a Nobel Prize in Economic Sciences, Daniel Kahneman takes readers on an exploration of what influences thought example by example, sometimes with unlikely wor… more

[ TIPS & TRICKS OF THE WEEK]

Keeping Biases Checked during the last mile of decision making
Today a data driven leader, a data scientist or a data driven expert is always put to test by helping his team solve a problem using his skills and expertise. Believe it or not but a part of that decision tree is derived from the intuition that adds a bias in our judgement that makes the suggestions tainted. Most skilled professionals do understand and handle the biases well, but in few cases, we give into tiny traps and could find ourselves trapped in those biases which impairs the judgement. So, it is important that we keep the intuition bias in check when working on a data problem.

[ DATA SCIENCE Q&A]

Q:When would you use random forests Vs SVM and why?
A: * In a case of a multi-class classification problem: SVM will require one-against-all method (memory intensive)
* If one needs to know the variable importance (random forests can perform it as well)
* If one needs to get a model fast (SVM is long to tune, need to choose the appropriate kernel and its parameters, for instance sigma and epsilon)
* In a semi-supervised learning context (random forest and dissimilarity measure): SVM can work only in a supervised learning mode

Source

[ VIDEO OF THE WEEK]

@AnalyticsWeek: Big Data Health Informatics for the 21st Century: Gil Alterovitz

 @AnalyticsWeek: Big Data Health Informatics for the 21st Century: Gil Alterovitz

Subscribe to  Youtube

[ QUOTE OF THE WEEK]

Processed data is information. Processed information is knowledge Processed knowledge is Wisdom. – Ankala V. Subbarao

[ PODCAST OF THE WEEK]

@BrianHaugli @The_Hanover ?on Building a #Leadership #Security #Mindset #FutureOfData #Podcast

 @BrianHaugli @The_Hanover ?on Building a #Leadership #Security #Mindset #FutureOfData #Podcast

Subscribe 

iTunes  GooglePlay

[ FACT OF THE WEEK]

571 new websites are created every minute of the day.

Sourced from: Analytics.CLUB #WEB Newsletter