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

[  COVER OF THE WEEK ]

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Ethics  Source

[ LOCAL EVENTS & SESSIONS]

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[ AnalyticsWeek BYTES]

>> Betting the Enterprise on Data with Cloud-Based Disaster Recovery and Backups by jelaniharper

>> Free Comparison of 5 Leading Product Analytics Platforms by analyticsweek

>> What does the 5-point/star mobile app rating tell us about user loyalty? by bobehayes

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[ NEWS BYTES]

>>
 Global Digital Media Market report forecasts revenue growth at the global, regional, and country levels and provides … – County Telegram Under  Sales Analytics

>>
 House Passes Slew Of Homeland, Cyber Security Bills – Defense Daily Network Under  cyber security

>>
 Supply Chain Leaders Say Top Priority is Responding to Customers Faster – Material Handling & Logistics Under  Prescriptive Analytics

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[ FEATURED COURSE]

Tackle Real Data Challenges

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Learn scalable data management, evaluate big data technologies, and design effective visualizations…. more

[ FEATURED READ]

The Misbehavior of Markets: A Fractal View of Financial Turbulence

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Mathematical superstar and inventor of fractal geometry, Benoit Mandelbrot, has spent the past forty years studying the underlying mathematics of space and natural patterns. What many of his followers don’t realize is th… 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:You are compiling a report for user content uploaded every month and notice a spike in uploads in October. In particular, a spike in picture uploads. What might you think is the cause of this, and how would you test it?
A: * Halloween pictures?
* Look at uploads in countries that don’t observe Halloween as a sort of counter-factual analysis
* Compare uploads mean in October and uploads means with September: hypothesis testing

Source

[ VIDEO OF THE WEEK]

@EdwardBoudrot / @Optum on #DesignThinking & #DataDriven Products #FutureOfData #Podcast

 @EdwardBoudrot / @Optum on #DesignThinking & #DataDriven Products #FutureOfData #Podcast

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[ QUOTE OF THE WEEK]

Hiding within those mounds of data is knowledge that could change the life of a patient, or change the world. – Atul Butte, Stanford

[ PODCAST OF THE WEEK]

@chrisbishop on futurist's lens on #JobsOfFuture #FutureofWork #JobsOfFuture #Podcast

 @chrisbishop on futurist’s lens on #JobsOfFuture #FutureofWork #JobsOfFuture #Podcast

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[ FACT OF THE WEEK]

Every second we create new data. For example, we perform 40,000 search queries every second (on Google alone), which makes it 3.5 searches per day and 1.2 trillion searches per year.In Aug 2015, over 1 billion people used Facebook FB +0.54% in a single day.

Sourced from: Analytics.CLUB #WEB Newsletter

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