Data Analytics Made Accessible
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A perfect pattern or model is one that (a) accurately describes a situation, (b) is broadly applicable, and (c) can be described in a simple manner.
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general, accurate, and simple (GAS) model.
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Patterns can be temporal, which is something that regularly occurs over time.
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Patterns can also be spatial, such as things being organized in a certain way.
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Patterns can be functional, in that doing certain things leads...
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Good patterns are often symmetric. They echo basic structures and patterns that ...
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Parkinson’s law states that works expands to fill up all the time available to do it.
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data mining is the act of digging into large amounts of raw data to discover unique nontrivial useful patterns.
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There is another kind of data that does not lend itself to much mathematical analysis, at least not directly. Such data needs to be first structured and then analyzed. This includes data like audio, video, and graphs files, often called BLOBs (Binary Large Objects). These kinds of data lend themselves to different forms of analysis and mining.
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Datafication is a new term that means that almost every phenomenon is now being observed and stored.
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A data warehouse is an organized store of data from all over the organization, specially designed to help make management decisions. Data can be extracted from operational database to answer a particular set of queries. This data, combined with other data, can be rolled up to a consistent granularity and uploaded to a separate data store called the data warehouse. Therefore, the data warehouse is a simpler version of the operational data base, with the purpose of addressing reporting and decision-making needs only.