What is Exploratory Data Analysis and How does it Help Businesses?
What is Exploratory Data Analysis and How does it Help Businesses?

What is an Exploratory Data Analysis? Exploratory Data Analysis (EDA) is the process of analyzing a data set without making any assumptions about its structure. In exploratory data analysis, one tries to unveil hidden patterns in the data set. The main benefit of using EDA over traditional methods like regression analysis or cross-tabulation analysis is...

What Is A Data Warehouse
What is a Data Warehouse?

Introduction A data warehouse is one of the key components of any analytics solution. It is used to store and analyze data from various sources, including other databases and transactional systems in a structured format. The information stored in a data warehouse can be accessed by any business user who has appropriate permissions. Data Warehouse...

Common Statistical Methods
Common Statistical Methods used by Data Scientists

Introduction Data scientists use a lot of statistics. As a result, these skills are essential for any data scientist who wants to understand their data and make informed decisions about how best to use it. Therefore, we’ll be covering some basic statistical methods that you can use in your day-to-day work as well as some...

Augmented Analytics
What is Augmented Analytics?

Defining Augmented Analytics Augmented analytics is the marriage of Artificial Intelligence (AI) with business analytics. It’s a new frontier in data science where AI and business intelligence are combined to create an automated process that allows companies to derive insights from their data more quickly, accurately, and cost-effectively. Artificial intelligence is a field of computer...

What is Machine Learning
What is Machine Learning?

The Global Machine learning as a Service Market size is expected to reach $36.2 billion by 2028, rising at a market growth of 31.6% CAGR during the forecast period” – Globe Newswire Surprised? Don’t be. Machine learning is the process of using and developing computer systems that can learn and adapt on their own without...

What is Deep Learning
What is Deep Learning?

You must have wondered how Google translates a whole paragraph into a different language in milliseconds. How is it possible to have self-driving vehicles? How is it that YouTube and Netflix can give personalized recommendations?  These innovations result from deep learning. This article discusses deep learning, how it works, its applications, challenges, examples, and more....

© 2022 Purpleslate Private Limited | Made with 🤍 at Chennai, India