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Data science vs. machine learning: What’s the difference?

IBM Big Data Hub

Other challenges include communicating results to non-technical stakeholders, ensuring data security, enabling efficient collaboration between data scientists and data engineers, and determining appropriate key performance indicator (KPI) metrics. ” “Data science” was first used as an independent discipline in 2001.

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Common Problems With CPM Software

Jet Global

Rather, it represents the management framework put in place by corporate leadership to monitor and respond to important metrics. Once isolated within the finance department, CPM is now broadly employed in the form of reporting departmental metrics measured against targets. Budgeting, planning, and forecasting in finance.

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Reclaiming the stories that algorithms tell

O'Reilly on Data

In 2001, just as the Lexile system was rolling out state-wide, a professor of education named Stephen Krashen took to the pages of the California School Library Journal to raise an alarm. His system was needed because “beginning teachers and librarians” were less expert at “forecasting comprehension rates” than the algorithm was.

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Agile Reporting for the Manufacturing Industry: 5 Tips for Success

Jet Global

In 2001, a group of software developers got together at a ski resort in the Wasatch mountains of Utah and drew up a document they called the “Agile Manifesto.” In the digital age, the amount of information driving demand forecasts has increased, and demand data has flowed faster and more efficiently than ever before. What Is Agile?

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ML internals: Synthetic Minority Oversampling (SMOTE) Technique

Domino Data Lab

Working with highly imbalanced data can be problematic in several aspects: Distorted performance metrics — In a highly imbalanced dataset, say a binary dataset with a class ratio of 98:2, an algorithm that always predicts the majority class and completely ignores the minority class will still be 98% correct. return synthetic. References.