Categories
Data Science Machine Learning

Decision-Making

Decision-Making is all about selection of optimal decisions, with the right risk and reward balance, in face of uncertainty. It’s one crucial step of the Machine Learning Process and it’s present in all sorts of areas. Based on previous knowledge of data and predictive models, decisions play a vital part in the business problems solutions. […]

Categories
Data Science Machine Learning

Prediction

The task of Prediction helps answer the question: “what will happen in the future?”. In a way, this is a task of oracles and fortune tellers. However, it’s better to rely on data than magic to predict future outcomes. With that in mind, Prediction becomes a building-block of the whole Machine Learning process. Predict what […]

Categories
Data Science Machine Learning

Understanding Data

Understanding Data is as much science as it’s an art. The science aspect provides the tools to query, slice-and-dice and visualize the data. On the other hand, the art aspect comes in asking the right questions and hypotheses using domain knowledge. It’s undeniable that people can make sense of data in a much better way […]