Beyond Data-ism: Big Data and the Human Intuition
The old 'wisdom' says that managers spend their budgets on data and analytics, but finally, they make decisions based mostly on their intuition.
The old 'wisdom' says that managers spend their budgets on data and analytics, but finally, they make decisions based mostly on their intuition.
1. Brush up on basic maths and statistical concepts You don´t want to stutter when asked about basic concepts such as ROC curves, logistic regression, etc. Can you explain the difference between supervised and unsupervised learning both to a child and a math major? Good! 2. Prepare a set of practical examples…
Despite being one of the most hyped-up job titles of the 21st century, explaining what a data scientist actually does so that your grandma would understand can often be challenging. There is still a vast proportion of the population out there that have never even heard this term before. Whether you…
Understanding Data science is becoming one of the most demanded skill sets in the 21st-century job market. Data are flowing everywhere in ever-evolving magnitude. Storing them is costly, and business better finds ways how to turn them into profit. In some industries, the so-called ‘trickle-down’ effect is slowly observable, as medium-sized companies are now trying…
Why the why? As a statistician or data scientist, I want to answer many why questions. • Why are these customers buying the product? • Why are these patients not getting better? • Why is the number of defaults rising? • Why… And it seems there are many tools in my data scientist toolbox to…