What are the probabilities of families in your residential area possessing zero, one, two, three, or more than three cars? What are the probabilities associated with different values of speed of an aircraft? What is the probability distribution of total sales ($) of your online stores? Well “probability distributions” is often the most frequently used …
Source: Smartdatacollective Data science and data mining are seemingly similar to many people, but there are core differences that must be understood. The Data Scientist profession today is often considered to be one of the most promising and lucrative. The Bureau of Labor Statistics estimates that the number of data scientists will increase from 32,700 to …
Deciphering The Seldom Discussed Differences Between Data Mining and Data Science Read More »
The mean serving speed of John Isner is higher than most tennis players. The mean velocity at which today’s satellite launch vehicle reaches space is much higher than those that were used a decade ago. The median forecast of mean global temperature is higher for equators as compared to that for the Nordic countries. We …
What enables you to read this blog? Why could you read your school science books and understand Copernicus’s discovery stating that, indeed, the earth revolves around the sun and not vice versa? How did you come to know that there also exists a concept like space debris? You like to read, you learned science in …
What is Multivariate Statistical Analysis (MSA)? Read More »
Source: Smartdatacollective AI is leading to some promising opportunities for investors buying stocks in the real estate and construction sectors. The construction and civil engineering sector is one of the largest industries in the world. According to research from McKinsey, it contributes about $10 trillion to the economy. One of the reasons that the industry …
AI Creates New Trading Opportunities for Investors Buying Real Estate Stocks Read More »
