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:package: Data Cycle - Coggle Diagram
:package: Data Cycle
Should be preprocessed
Merge and join data sets
Cleanup
Slise and dice
Argument with metrics
:chart_with_upwards_trend: Used to extract information
:card_file_box: Information
:shield: Used to support decisions
:bulb: Decisions
:checkered_flag: Used to make solutions
:hammer_and_wrench: Problem solutions
Implimentation
Product
Generates data
1 more item...
Based on
:red_cross::game_die: Unknown probability distribution
:forbidden: Uncertain situation
:check::game_die: Known probability distribution
:check: Risky situation
Can be
Subjectively-based (mental)
Frequency-based (experimental)
Consists of
Organized, subsetted, manipulated, and interpreted into insight recommendations for action
Theories (system of believes)
Concepts
Principles
Hypotheses
Priors — subjective probability distribution (Bayesian term)
Consists of
Facts, true