article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance.

article thumbnail

Remove Your Rose Tinted Glasses: Data Visualizations Designed to Mislead

datapine

From political issues to sports statistics and the recent report you received on the ROI of your company blog, the internet as well as informational reports are flooded with examples of misleading data visualization. If you want to go deeper into the topic, take a look at our misleading statistics blog post.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Guide To Starting A Career In Business Intelligence & The BI Skills You Need

datapine

According to the US Bureau of Labor Statistics, demand for qualified business intelligence analysts and managers is expected to soar to 14% by 2026, with the overall need for data professionals to climb to 28% by the same year. The Bureau of Labor Statistics also states that in 2015, the annual median salary for BI analysts was $81,320.

article thumbnail

An Overview of Revenue Analytics for Event Industry

BizAcuity

This is resulting in the largest event management companies across this sector spending more than $43 billion on revenue analytics – which is a multi-dimensional and evolving field harnessing statistics, Artificial Intelligence and other tools to identify meaningful patterns in large data sets. billion in 2015 to $21.92

article thumbnail

Fitting Support Vector Machines via Quadratic Programming

Domino Data Lab

Support Vector Machines (SVMs) are supervised learning models with a wide range of applications in text classification (Joachims, 1998), image recognition (Decoste and Schölkopf, 2002), image segmentation (Barghout, 2015), anomaly detection (Schölkopf et al., The use of multiple measurements in taxonomic problems. 1999) and more.

article thumbnail

MLOps and the evolution of data science

IBM Big Data Hub

Machine learning engineers take massive datasets and use statistical methods to create algorithms that are trained to find patterns and uncover key insights in data mining projects. Conduct validation in the error process—This method measures how good the guesswork was by comparing it to known examples when available.

article thumbnail

Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Taking measurements at parameter settings further from control parameter settings leads to a lower variance estimate of the slope of the line relating the metric to the parameter.