Tag: statistics

Feed: R-bloggers. Author: Jan Fischer. A major problem arises when comparing forecasting methods and models across different time series. This is a challenge we regularly face at STATWORX. Unit dependent measures like the MAE (Mean Absolute Error) and the RMSE (Root Mean Squared Error) turn out to be unsuitable and hardly helpful if the time series is measured in different units. However, if this is not the case, both measures provide valuable information. The MAE is perfectly interpretable as it embodies the average absolute deviation from the actual values. The RMSE, on the other hand, is not that easy to ... Read More

Feed: Big Data Made Simple. Author: Philip Piletic. Actuarial scientists have made use of PCs ever since the first affordable microcomputers came on the market. This is one field where automation and AI are old news. What’s making headlines in the industry, though, is the fact that cloud-based infrastructure is now the norm for almost all insurance companies regardless of their size.Companies that make the most efficient use of this information are often able to gain some leverage over the competition. Since they’re able to plan for the future much more easily. Data doesn’t have to be exclusively financial, however.In ... Read More

Feed: CronJ. Author: Vignesh M; Everyone’s familiar with JavaScript the most popular programming language used as a client-side development tool in 95 percent of websites. But what about server-side programming? Well, with the introduction of Node.JS, JavaScript has become an all-purpose full stack development language. While Angular, React and Vue are Front-end Frameworks / Libraries, Node is the one and only Javascript based Back-end framework. So, let’s discuss what Node.JS is and then explore its advantages and disadvantages. CronJ NodeJSNode.JS is an open-source runtime environment for JavaScript. It’s based on Chrome v8, an engine for chromium browsers. Node.JS allows your ... Read More

Feed: Big Data Made Simple. Author: Emily Jacobs. Businesses are relying on business intelligence more than ever, but how are the recent innovations from AI impacting this sector? As a technology-driven process business intelligence could garner much autonomy from AI if put to use properly.Of course, business intelligence serves a much higher purpose than handing out numbers to users. Instead, it works to guide high-level management and end-users. Primarily it should guide people through making business decisions. Some have a concern that AI may hinder that decision making by creating such a narrow view of big data analysis. For now, ... Read More

Feed: R-bloggers. Author: lortie. messy data can be your friend (or frenemy)Many if not most data clean up, tidying, wrangling, and joining can be done directly in R. There are many advantages to this approach – i.e. read in data in whatever format (from excel to json to zip) and then do your tidying – including transparency, a record of what you did, reproducibility (if you ever have to do it again for another experiment or someone else does), and reproducibility again if your data get updated and you must rinse and repeat! Additionally, an all-R workflow forces you to ... Read More

Feed: CronJ. Author: Prateek Agarwal; In this blog, I am going to explain to you more about Best Javascript frameworks to use in 2019. What comes to mind when one hears the word javascript? Some would think of it as a language used at frontend, can be used to trigger any event and handle that event, can be used to send a request and get a response from the backend or from an API. Nowadays developers are also using it as a platform to implement backend, to connect with the server and perform operations on the server. Javascript is basically ... Read More

Feed: Planet MySQL; Author: MyDBOPS; Partnering to participate knowledge sharing for the community of Database Administrators. In continuation to the community contribution with knowledge gained out of experience and networking, Mydbops IT Solutions, conducted its 4th Database Meetup on Saturday, 3rd of August, 2019. Here was the first time, that we had changed our venue. With the like-minded sponsor in M/s.Zenefits Technologies India Pvt. Ltd. They played a role of a perfect host for all of us as attendees. Their venue was a perfectly equipped to suit the knowledge sharing exercise. Key note by Mr.Ramesh Aithal, Head of Engineering at ... Read More

Feed: Big Data Made Simple. Author: Guest. The quality of data is the most crucial element of any business intelligence strategy. Developing systems to collect and distribute information is one thing, but if that data becomes corrupted, then it becomes useless. No matter what niche business is in or what kind of data they collect, data cleansing is going to be a requirement. Why is data cleansing important in business?Data cleansing is the process of cleaning up data. Think of it as spring cleaning your home. Over time, clutter will start to build up, and those hard to reach spots ... Read More

Feed: R-bloggers. Author: r-bloggers on Machine Learning in R. First of all You may ask yourself how is this name ‘mlrPlayground’ even justified?What a person dares to put two such opposite terms in a single word and expects people to take him seriously? I assume most of you know ‘mlr’, for those who don’t: It is a framework offering a huge variety of tools for simplifying machine learning tasks in R.Quite the opposite from a place, where you can play with your best friends, make new friends, live out your fantasies and just have a great time the whole day ... Read More

Feed: AWS Compute Blog. Author: Eric Johnson. This post is courtesy of Moheeb Zara, Senior Developer Advocate – AWS ServerlessWelcome to the sixth edition of the AWS Serverless ICYMI (in case you missed it) quarterly recap. Every quarter, we share all of the most recent product launches, feature enhancements, blog posts, webinars, Twitch live streams, and other interesting things that you might have missed! In case you missed our last ICYMI, checkout what happened last quarter here. Before we dive in to all that happened in Q2, we’re excited about this quarter’s launch of Amazon EventBridge, the serverless event bus that ... Read More