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Showing posts from November, 2021

The common misconceptions about Machine Learning

You hear about machine learning . But do you know what is true and what is not? People are fascinated about machine learning and artificial intelligence, yet they are confused. Multinational companies like Facebook, Google, and Amazon employed machine learning first. Google utilized it for ad placement, while Facebook used it to show post feeds. However, there are some misunderstandings about machine learning. Let’s start with a few. 1. Anyone Can Build A Machine Learning Platform That Can Be Used Anywhere Many believe you can just Google machine learning and develop any platform. However, machine learning is a specialized skill set. While learning machine learning, it is critical to comprehend the productive system. Hands-on experience with machine learning patterns and algorithms is required to master machine learning. This is a widespread misconception about machine learning. Nobody will spend Rs. 1,000 on a Rs. 200 job. Machine learning is only used with large amounts of data. Mach...

Components of Data Science

Finding patterns in data is the essence of data science. These patterns can be utilised to get business knowledge or to develop new product features. Both of these products of a data science study may help product teams distinguish their offers and give more value to consumers. Before using data science, one should be well knowledgeable in the domain's basic components. The definitions of these phrases may vary, but in general, this should help you grasp certain fundamental ideas. ●       Data Strategy ●       Data Engineering ●       Data Analysis and Models ●       Data Visualization and Operationalization Data Strategy Making a data strategy is as simple as deciding what data to collect and why. Despite its obviousness, it is frequently neglected, undervalued, or unformalized. To be clear, we are not discussing the method for selecting mathematical approaches or technology. The other issues are significant, but not the initi...

Why is data cleaning crucial? How do you clean the data?

Data cleansing has technically played an important part and vital role in the history of data science and data analytics, so also it continues to evolve at a rapid pace.  But what is data cleansing, and why is it so necessary? If you want to build a good culture around quality data decision-making and data cleaning, also known as data cleansing as well as data scrubbing, is one of the most crucial tasks for your organization to take. We'll look at the necessity of data cleansing in this post, as well as why individuals and corporations should use good data cleansing strategies. Definition: What is data cleaning? Cleansing data is a type of data management. Individuals and corporations amass a great deal of personal data over time! The process of ensuring that data is particularly correct and so usable is ideally known as data cleansing. Data cleansing is nothing but an act of going through all of the required data in a database. You can clean data by looking for faults or corrupti...

Time Series

Time Series is a series of data points ordered in time. In mathematics, time series is a sequence taken at successive equally spaced points in time. In simple words, it is a sequence of discrete time data. Time series tracks the movement of the chosen data points over a specified period of time with data points recorded at regular intervals. Definition: According to Mooris Hamburg “A time series is a set of statistical observations arranged in chronological order”. Uses of Time Series: It is used for prediction or to detect the changes in patterns in collected data. Here are few uses of time series mentioned below: ·        Used to predict future values ·        Evaluation of current achievements ·        Identify the changes in economics and business ·        Pattern recognition ·        Weather forecasting ·        Earthquake prediction ·        ...