American economists Paul R. Milgrom and Robert B. Wilson have been awarded the 2020 Nobel Prize in economics for their contributions to auction theory, the Royal Swedish Academy of Sciences announced today. Milgrom and Wilson, who are both professors at Stanford University in California, were recognized for theoretical discoveries that improved how auctions work. According […]
Nobel Prize in Economics – 2020 Read More »
A categorical variable or value is one which is discrete is nature. One which has two or more values attached to it. Attribute variables or qualitative variables is another name for it. It takes limited number of possible values. All mathematical models need numeric data to work with. So first, to process the categorical features,
Dealing with Categorical Variable in Dataset Read More »
Hive is a data warehousing engine to facilitate interaction between user and Hadoop Distributed File System (HDFS). It helps to process and analyze huge amounts of data built on top of Hadoop. It also helps non-programmers to understand and manage large datasets inside distributed Hadoop storage by using SQL-like queries. Earlier we used MapReduce for
Hive – The Data Warehousing Tool Read More »
Data Mining is a process of discovering patterns from a large data set by implementing machine learning and statistics. It is also call it Knowledge Discovery in Data (KDD). One of the most vital feature in data mining is outlier analysis or detection. In statistics or data science, an outlier is a point which is
Outlier Analysis with Data Mining Read More »
Time Series is a statistical technique that deals with time series data, or trend analysis. Time series data implies the data which is in a series of particular time periods or intervals. Whereas, sequence data mining signifies finding statistically relevant patterns between data examples where the values are delivered in a sequence. Study of time series
Time Series and Sequence Data Mining Read More »
The corona virus pandemic has shaken all industries. For the digital media segment, Covid-19 has proven to be both boon and bane. The pandemic has come as a relief for the media and entertainment sector as people have more time at their disposal. Also, the psychological impact changed consumption patterns. People trapped inside are being
Impact of Lock-down on Digital Media Read More »
Corona virus has spread a havoc right at the start of 2020 and the whole world is at a toss. Everyone is inside their home, maintaining social distancing, no meetups, no going to schools, colleges, offices. But offices, businesses cannot wait, else economy will come to a standstill. The most common and convenient way to
Work from Home during Corona Virus Read More »
Artificial Intelligence is being widely used in the field of epidemiology to prevent, control, surveil and predict the spread of diseases. With new outbreaks such as the current outbreak of coronavirus, AI is making the most impact. We know that even before the news of Corona virus outbreak went public, a Canadian-based artificial intelligence (AI) based company, BlueDot already had raised
Epidemic Prediction using Artificial Intelligence Read More »
Communication is the most important factor that induces connectivity and production. Nowadays, AI has come a long way to enhance business communication between consumers. AI applications can apply behavioural science to analyze human behaviour and provide relevant feedback to leverage their emotional intelligence. . Requirements to Establish Communication Proper data is the primary requisite for
Impact of AI on Communication Read More »