Occam's Razor

MARCH 12, 2012

Is there anything in the analytics space that is so full of promise and hype and sexiness and possible awesomeness than "big data?" So what is big data really? As I interpret it, big data is the collection of massive databases of structured and unstructured data. No one quite knows.

Big Data 127

Big Data Data-driven Unstructured Data Marketing 127

Rita Sallam

JULY 22, 2016

Like when Oracle acquired Hyperion in March of 2007, which set of a series of acquisitions –SAP of Business Objects October, 2007 and then IBM of Cognos in November, 2007. Sisense supports a wide range of relational, NoSQL and big data sources. In BI we have had our seminal moments too.

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

Peter James Thomas

JUNE 20, 2019

Of course it can be argued that you can use statistics (and Google Trends in particular) to prove anything [1] , but I found the above figures striking. Here we come back to the upward trend in searches for Data Science. However more than 50% of data warehouse projects will have limited acceptance, or will be outright failures”.

Cost-Benefit 55

Cost-Benefit Data Warehouse Consulting Data Science 55

Smart Data Collective

OCTOBER 12, 2022

Data analytics technology has proven to be very useful for the real estate sector. A report by McKinsey shows that a growing number of real estate professionals are leveraging big data to improve sales and customer satisfaction. Data Analytics is Transforming the Real Estate Sector. Statistical Atlas.

Marketing 123

Marketing Data Analytics Analytics Big Data 123

Occam's Razor

APRIL 8, 2013

Remember that the raw number is not the only important part, we would also measure statistical significance. Airbnb had enough data points to be confident in their results. Circle of Friends was a social community built atop Facebook that launched in 2007. The result? By 2011, the company had 20 full-time photographers on staff.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

The Unofficial Google Data Science Blog

JULY 22, 2020

For example, imagine a fantasy football site is considering displaying advanced player statistics. A ramp-up strategy may mitigate the risk of upsetting the site’s loyal users who perhaps have strong preferences for the current statistics that are shown. One reason to do ramp-up is to mitigate the risk of never before seen arms.

Experimentation 95

Experimentation Statistics Testing Strategy 95

datapine

DECEMBER 28, 2021

1) What Is A Misleading Statistic? 2) Are Statistics Reliable? 3) Misleading Statistics Examples In Real Life. 4) How Can Statistics Be Misleading. 5) How To Avoid & Identify The Misuse Of Statistics? If all this is true, what is the problem with statistics? What Is A Misleading Statistic?

Statistics 363

Statistics Advertising Visualization Data mining 363