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…
The Banking/Financial sector is just one of the many industries, which benefits hugely from data science-driven insights. With a natural affinity for numbers and quantitative methods, it surprises no one that it was one of the early adopters of Data Science, Machine Learning, and AI to generate more revenue. While applications are endless and…
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…
More than 20 years have passed since the match that changed the history of chess. In May 1997, DeepBlue computer by IBM defeated the top chess player Garry Kasparov in a six games match. For a long time, one believed that winning at chess requires a particular type of strategic thinking that machines are not…