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Making Sense Out Of Big Data - Popular Machine Learning Tools In Business Analytics, Kuldeep Kumar, Sukanto Bhattacharya
Making Sense Out Of Big Data - Popular Machine Learning Tools In Business Analytics, Kuldeep Kumar, Sukanto Bhattacharya
Kuldeep Kumar
'Big data' is the new buzzword in academic as well as industry circles. Laney (2001) came up with the three Vs that characterize big data - volume, velocity and variety. When talking about big data one is usually referring to a huge volume, in terabytes rather than gigabytes, that is captured either across cross-section or across time or more likely across both i.e. as a panel. However it is the sheer size of the data set that puts big data in an entirely different category requiring a special set of analytical tools and approaches for extracting information and also data …
How To Make Teaching Of Statistics More Effective In Business Schools?, Kuldeep Kumar
How To Make Teaching Of Statistics More Effective In Business Schools?, Kuldeep Kumar
Kuldeep Kumar
Statistics is taught in almost all Business Schools as a core course and prerequisite to may advance economics, finance and accountancy courses. However, Statistics has to be taught in a different way in Business Schools as compared to how it is taught in their own statistics department. There should be more emphasis on applications in Business area rather than theory. There has been lot of interest in teaching of statistics in Business schools for a very long time, for example see Cox (1965), Moore (1976) and Love and Hildebrand (2002). This paper discusses author's experience of teaching statistics in an …