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DATA SCIENCE - Coggle Diagram
DATA SCIENCE
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movies
The Big Short
Talks about subprime that is having an interest rate higher than a prime rate. Extended to a borrower with poor credit rating.
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uses
- develop new products
- reduces costs and time
- more informed and fundamental decisions
- offer based on customer's habits
skills required
- machine learning
- deep learning
- statistical analysis and computing
- processing large datasets
- data visualization and wrangling
- programming
- mathematics
- probability and statistics
- linear algebra and multivariate calculus
- database management
applications
- Fraud and risk detection
- healthcare
- image and speech recognition
- airline route planning
- gaming
- banking
- e-commerce
- manufacturing
- transport
- education
Big Data
Are massive and unstructured data that need a different data management tools due to their amount. Datasets that exceed the capacity of common software
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Statistical analysis
Helps to make important, high-quality, risk-controlled decisions based on conclusions beyond the available data.