Basics of Business Analytics
Business analytics is the practice of iterative, methodical exploration of an organization’s data, with an emphasis on statistical analysis. Business analytics is used by companies committed to data-driven decision-making. It is about using your data to derive information, insights, knowledge, and recommendations. Businesses use business analytics to improve effectiveness and efficiency of their solutions.
Analytics has progressed from simple descriptive analytics to being predictive and prescriptive. Multiple components of big data analysis include data mining, machine learning, web mining, natural language processing, social network analysis, and visualization.
Types of Analytics
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
Python for Data Science
’Tis pouring down heavily, again
My heart & surroundings are wet in vain
Not so long ago, there was a time
We drenched together in our prime
In all our senses, we drove out in rain
Samosa & Tea at roadside tapra! voila, it was a bane
While rain hasn’t cancelled its season-cycle
Are we too grown-up, to find it a ridicule
ये कैसी है सज़ा
जो मिली तुझे
और भुगत रहा हूं मैं
सपने जो थे दोनों के
अब अधूरे
अकेले तोड़ रहा हूं मैं
मैं से हम दो
हमारा अपना
अब पुनः हूं मैं
written 8 years ago; seems immemorial
torch-bearers lamented for mayhem
and disappeared in quick succession
leaving afflicted proletariat,
obfuscate in anarchy
what good have they brought upon themselves
oh! but why to repent foolhardiness
for it will bring no pacification
to their melancholy
sanguinary was lead by their malleability
now they have nothing left but vengeance
“तुमने बीज बो दिया..”
जिस दिन तुमने थप्पड़ खाया
अपने पति से
अपने बेटे के सामने
और विरोध नही किया
तुमने बीज बो दिया..
जिस दिन तुम्हारे बेटे ने
बदतमीज़ी से बात करी
तुमसे, और अपनी बहन से
मगर किसी ने प्रतिकार नही किया
तुमने बीज बो दिया..
जिस दिन तुमने सुना अपने बेटे को
दोस्तों के साथ
कॉलेज की लड़कियों पर मानहर करते
और, उसकी संगति पर एतराज़ नही किया
तुमने बीज बो दिया..
..और आज वो बड़ा होकर
लिप्त हो रहा व्यभिचार में
उत्पीड़न में,
शोषित वर्ग के शोषण में
Why don’t you come back to my arms
Where i feel most secure without any harms
For all sweet memories that stand
To bear them now is beyond my command
Your one innocent smile
Which vaporizes my anguish
Your one serene touch
Which soothes my bullish
What a happy happenstance ’tis with you
Even scorching sun milds for a few
I hanker for you and i do it often
As my despair doesn’t soften
Forecasting and Decision Making, the Statistical way
- In this series, I will be sharing notes and my comprehension of the ‘Engineering Econometrics’ course I pursued on NPTEL.
Upon embarking my journey towards Data Analysis, I felt need to explore the theoretical conceptualization of statistics and quantitative analysis. I undertook few courses for statistics and linear algebra, but Engineering Econometrics struck a chord, and I think this series will benefit non-math background students/enthusiasts to serve as a ready reckoner for the theoretical, academic jargons and definitions.
Econometrics is the quantitative analysis of actual phenomenon based on concurrent development theory and observation, related by appropriate methods of inference. …
