How can you estimate the population of fishes in a pond? (recently asked in an analytics job interview).
It's a classic estimation problem. There is a popular sampling method called capture - recapture or 'Lincoln Index' or 'Pieterson's Method' which is used to estimate the size of an animal or human population. There are two versions
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It is all over the internet and media.
Big Data is the next best thing in IT and Analytics. Organizations with constantly growing database are moving over to Big Data technologies. IT developers, DB administrators and computer geeks are exploring avenues to honeg their skills in Big Data and Big Analytics.
The buzz about ‘Big Data’ has
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If your organization works with data, you are probably working with Relational Database Management Systems (RDBMS) and desktop statistics and visualisation technologies. As your organisation expands horizontally and scales vertically, you may find the size of your data extending beyond hundreds of gigabytes to hundreds of terabytes and more! While most of the data lies
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If you have a blog, host a website or are placed in charge of online marketing, you are probably familiar with the term web analytics or web metrics. Stats such as these must be pretty familiar to you.
However, if you are looking to hone your skills in web analytics or enroll in a formal course
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SAS programming as a career choice is becoming exhilarating day by day. SAS is the most powerful software used in all sectors data analytics industry. The following fascinating article gives you excellent overview about the career choices typical categories of career, positions offered and skills needed for the job by the companies in health care
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The lowdown :
An actuary is an expert who applies statistical and mathematical methods to assess financial and other risks relating to various contingent events such as mortality, sickness, injury, retirement and property loss from theft, accident, fire or any other hazard. An actuary uses data analysis for valuation of financial products in the field of insurance,
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Is the Indian outsourcing scene going through a paradigm shift in terms of adding value to their clients? Analytics niche companies and the analytics division of established outsourcing companies might just elevate Indian outsourcing companies from mere cost cutting vendors to full-fledged strategic business partners. The following Economic Times article talks just about this paradigm
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We all love the “hard” side of analytics. What we often struggle with as analysts is what you might call the “soft” side of analytics, which is always more challenging than the “hard” stuff. Here are a few of the reasons why.
Many times, the problem is not insufficient data, defective data, inadequate data models or
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Dig for gold
Data mining is a hot new job, and it’s making number crunching sexy. Prasun Chaudhuri looks at what it takes to become a data whizkid
Mousum Datta is a miner who digs out precious resources. But his form of mining doesn’t involve drilling machines or gigantic trucks — just smart software, immense patience and
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Maths magic
CAREER IN MATHS ● Mathematics graduates are in great demand in a host of establishments, ranging from analytic firms to biotechnology labs. Indeed, this is the golden age of mathematics, says Kavitha Shanmugam
Narayan Bhamidipati works in a recently started division of Yahoo! Labs in Bangalore. His work is called computational advertising — figuring out
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Certification and licensure testing company, Castle Worldwide, relies on SAS Analytics in its work with businesses, nonprofit associations and governments. Using SAS Office Analytics for Midsize Business from the leader in business analytics, Castle applies analytic rigor to help meet the moral and legal burdens of proof and the measurement accuracy required for standardized tests.
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Data analytics is not a new phenomenon, but its power and infiltration among companies have increased tremendously in the past few years, causing the increase in demand for data scientists or data analysts. Contrary to popular belief, analytics is not only about gathering data using software tools and creating dashboards and reports. Analytics goes beyond
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The following article has been sourced from www.allanalytics.com (a premier blog for analytics related resources) and is authored by Beth Schultz, Editor-in-chief.
Advanced analytics consultant. Analyst. Data miner. Data scientist. Predictive modeler. Statistician.
Call an analytics professional what you will, but all these titles -- even the new and trendy data-scientist label -- essentially describe the same
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What do they do?
Market research analysts gather information that affects potential sales of products and services that are available to consumers. They use statistical data that is available from businesses and organizations from previous sales to help predict the outcome of future sales. Analysts also gather data from competitors and research prices, sales, marketing techniques
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Today, almost everyone who is connected to the Net, is present on at least one networking website, be it Facebook, Twitter or Myspace. For workaholics, the most popular professional networking site is LinkedIn.
According to the Kelly Global Workforce Index 2011, which covered 97,000 people across 30 countries and 2,000 people in India, about 35% of
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Did you know that while writing an email to many people within the workplace, the addresses have to be in the hierarchical order? Have you been at the receiving end of the unforgiving 'Reply All' tab? Or been horrified to see the unfortunate typo for luck? If you have checked in yes to at least
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