[ COVER OF THE WEEK ]
Tour of Accounting Source
[ LOCAL EVENTS & SESSIONS]
- Jul 08, 2018 #WEB Free Webinar on Big Data with Scala & Spark – Live Instructor Led Session | Limited Seats | Denver, CO
- Jul 12, 2018 #WEB Webinar – What is Machine learning? & How to get yourself into Machine Learning?
- Jun 13, 2018 #WEB Dubai Workshop – Develop a Successful AI Startup Company Today!
[ AnalyticsWeek BYTES]
[ NEWS BYTES]
[ FEATURED COURSE]
[ FEATURED READ]
Ray Kurzweil is arguably today’s most influentialand often controversialfuturist. In How to Create a Mind, Kurzweil presents a provocative exploration of the most important project in human-machine civilizationreverse… 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: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
[ VIDEO OF THE WEEK]
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[ QUOTE OF THE WEEK]
The temptation to form premature theories upon insufficient data is the bane of our profession. – Sherlock Holmes
[ PODCAST OF THE WEEK]
[ FACT OF THE WEEK]
Walmart handles more than 1 million customer transactions every hour, which is imported into databases estimated to contain more than 2.5 petabytes of data.