Sep 21, 17: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

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SQL Database  Source

[ AnalyticsWeek BYTES]

>> B.O.B.’s Top 10 Blog Posts of 2011 by bobehayes

>> Deriving “Inherently Intelligent” Information from Artificial Intelligence by jelaniharper

>> February 6, 2017 Health and Biotech analytics news roundup by pstein

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[ NEWS BYTES]

>>
 Which Analysts Are Watching Marchex, Inc. (NASDAQ:MCHX … – Fiscal Standard Under  Sales Analytics

>>
 TIBCO Named a Leader in Streaming Analytics by Top Independent Research Firm – CSO Australia Under  Streaming Analytics

>>
 Why you should embrace sales analytics tools – TechTarget Under  Sales Analytics

More NEWS ? Click Here

[ FEATURED COURSE]

R, ggplot, and Simple Linear Regression

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Begin to use R and ggplot while learning the basics of linear regression… more

[ FEATURED READ]

Hypothesis Testing: A Visual Introduction To Statistical Significance

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Statistical significance is a way of determining if an outcome occurred by random chance, or did something cause that outcome to be different than the expected baseline. Statistical significance calculations find their … 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 do you test whether a new credit risk scoring model works?
A: * Test on a holdout set
* Kolmogorov-Smirnov test

Kolmogorov-Smirnov test:
– Non-parametric test
– Compare a sample with a reference probability distribution or compare two samples
– Quantifies a distance between the empirical distribution function of the sample and the cumulative distribution function of the reference distribution
– Or between the empirical distribution functions of two samples
– Null hypothesis (two-samples test): samples are drawn from the same distribution
– Can be modified as a goodness of fit test
– In our case: cumulative percentages of good, cumulative percentages of bad

Source

[ VIDEO OF THE WEEK]

Using Topological Data Analysis on your BigData

 Using Topological Data Analysis on your BigData

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[ QUOTE OF THE WEEK]

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

[ PODCAST 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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[ FACT OF THE WEEK]

Decoding the human genome originally took 10 years to process; now it can be achieved in one week.

Sourced from: Analytics.CLUB #WEB Newsletter

Sep 14, 17: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

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Human resource  Source

[ FEATURED COURSE]

The Analytics Edge

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This is an Archived Course
EdX keeps courses open for enrollment after they end to allow learners to explore content and continue learning. All features and materials may not be available, and course content will not be… more

[ FEATURED READ]

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

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“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]

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:Do we always need the intercept term in a regression model?
A: * It guarantees that the residuals have a zero mean
* It guarantees the least squares slopes estimates are unbiased
* the regression line floats up and down, by adjusting the constant, to a point where the mean of the residuals is zero

Source

[ VIDEO OF THE WEEK]

Using Topological Data Analysis on your BigData

 Using Topological Data Analysis on your BigData

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[ QUOTE OF THE WEEK]

Data really powers everything that we do. – Jeff Weiner

[ PODCAST OF THE WEEK]

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

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

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[ FACT OF THE WEEK]

In the developed economies of Europe, government administrators could save more than €100 billion ($149 billion) in operational efficiency improvements alone by using big data, not including using big data to reduce fraud and errors and boost the collection of tax revenues.

Sourced from: Analytics.CLUB #WEB Newsletter

Sep 07, 17: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

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Ethics  Source

[ AnalyticsWeek BYTES]

>> How big data is driving smarter cyber security tools by analyticsweekpick

>> How CFOs Can Harness Analytics by analyticsweekpick

>> Predicting the Future and Shaping Strategy with HR Analytics by analyticsweekpick

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[ NEWS BYTES]

>>
 Using data science to improve partner win rates – Computer Dealer News Under  Data Science

>>
 Microsoft’s Online Data Science Program Enrolls in School – eWeek Under  Data Scientist

>>
 Hootsuite buys Snapchat analytics platform from Naritiv – ZDNet Under  Social Analytics

More NEWS ? Click Here

[ FEATURED COURSE]

Machine Learning

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6.867 is an introductory course on machine learning which gives an overview of many concepts, techniques, and algorithms in machine learning, beginning with topics such as classification and linear regression and ending … 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]

Data Have Meaning
We live in a Big Data world in which everything is quantified. While the emphasis of Big Data has been focused on distinguishing the three characteristics of data (the infamous three Vs), we need to be cognizant of the fact that data have meaning. That is, the numbers in your data represent something of interest, an outcome that is important to your business. The meaning of those numbers is about the veracity of your data.

[ DATA SCIENCE Q&A]

Q:Do you think 50 small decision trees are better than a large one? Why?
A: * Yes!
* More robust model (ensemble of weak learners that come and make a strong learner)
* Better to improve a model by taking many small steps than fewer large steps
* If one tree is erroneous, it can be auto-corrected by the following
* Less prone to overfitting

Source

[ VIDEO OF THE WEEK]

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

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

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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]

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

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

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[ FACT OF THE WEEK]

40% projected growth in global data generated per year vs. 5% growth in global IT spending.

Sourced from: Analytics.CLUB #WEB Newsletter

October 10, 2016 Health and Biotech Analytics News Roundup

The latest health and biotech analytics news and opinion:

Why we can’t trust ‘blind big data’ to cure the world’s diseases: Predictive models without theory to guide them are likely to be wrong, so we need methods that combine both.

Machine Learning Report: Introduction to Machine Learning in Healthcare: A brief introduction to machine learning and its potential applications in healthcare.

Data science tackles a billion dollar healthcare problem: In one month, Intermedix has developed a platform to predict no-show patients at private clinics.

Genetic Test Aims to Better Match Pancreatic Cancer Patients to Treatments: The  Pancreatic Cancer Action Network’s Precision Promise trial will sequence DNA from tumors, then give patients treatments targeted to specific mutations. They plan to quickly shift patients to new treatments if current ones fail to work.
UMMC pinpoints ideal patients for remote monitoring with predictive analytics: Dr. Richard Finley, a director of medical analytics at the University of Mississippi Medical Center, is looking at ways to identify patients that most need monitoring.

Source by pstein