Turning data into information © Copyright IBM Corporation 2007 Course materials may not be reproduced in whole or in part without the prior written permission of IBM. 4.0.3 Unit objectives After completing this unit‚ you should be able to: Explain how Business and Data is correlated Discuss the concept of turning data into information Describe the relationships between DW‚ BI‚ and Data Insight Identify the components of a DW architecture Summarize the Insight requirements and goals of
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Definition: Statistics is the study of the collection‚ organization‚ analysis‚ interpretation and presentation of data. It deals with all aspects of this‚ including the planning of data collection in terms of the design of surveys and experiments. A statistician is someone who is particularly well-versed in the ways of thinking necessary for the successful application of statistical analysis. Such people have often gained experience through working in any of a wide number of fields. Some
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Data transmission‚ digital transmission‚ or digital communications is the physical transfer of data (a digital bit stream) over a point-to-point or point-to-multipoint communication channel. Examples of such channels are copper wires‚ optical fibres‚ wireless communication channels‚ and storage media. The data are represented as an electromagnetic signal‚ such as an electrical voltage‚ radiowave‚ microwave‚ or infrared signal. Data representation can be divided into two categories: Digital
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2 Areas of data processing 1. Business Data processing (BDP) . Business data processing is characterized by the need to establish‚ retain‚ and process files of data for producing useful information. Generally‚ it involves a large volume of input data‚ limited arithmetical operations‚ and a relatively large volume of output. For example‚ a large retail store must maintain a record for each customer who purchases on account‚ update the balance owned on each account‚ and a periodically present a
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Mobile Cement Plant Process Flow Chart The main raw materials used in the cement manufacturing process are limestone‚ sand‚ shale‚ clay‚ and iron ore. The main material‚ limestone‚ is usually mined on site while the other minor materials may be mined either on site or in nearby quarries. Another source of raw materials is industrial by-products. The use of by-product materials to replace natural raw materials is a key element in achieving sustainable development. In the wet process‚ the slurry
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Big Data‚ Data Mining and Business Intelligence Techniques 2 What is Data? • Data is information in a form suitable for use with a computer. • There are two types of data ▫ Structured ▫ Unstructured • The total volume of data is growing 59% every year. • The number of files grow at 88% every year. 3 What is Big Data? Exa Analytics on Big Data at Rest Up to 10‚000 Times larger Peta Data Scale Giga Data at Rest Tera Data Scale Mega Traditional Data Warehouse
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In this passage‚ Cephalus is baffled by how many people he encounters who regret not fully experience the sexual feasting and drinking parties that accompanied one’s youth. Those people --- who happen to populate most of his city --- are in a constant search for something “great”. Cephalus describes them as being “deprived”‚ insisting that they feel cheated from their youth and deserved more. Oddly enough‚ he emphasizes the very idea of searching for more. Those who are shackled by the social construct
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Data Mining Weekly Assignment 6: LIFT; CRM; AFFINITY POSITIONING; CROSS-SELLING AND ITS ETHICAL CONCERNS. What is meant by the term “lift”? The term “lift” describes the improved performance of an exact or specific amount of effort on a modeled sampling‚ as opposed to a random sampling (Spang‚ 2010). In other words‚ if you are able to market via a model to say‚ a given number of random customers (e.g. 1000)‚ and we expect that 50 of them would be successful‚ then a model that can generate 75
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Title: Data Analysis Word count: 1002 Contents: Introduction Procedure Findings Conclusion References Introduction: For my Data Analysis assignment I am required to present statistical data in an appropriate format. I will collect and analyse data using spread sheets‚ charts and graphs within a formal report. My report will present findings on how the internet has affected the UK economy and how is it transforming us as a nation? Procedure: I am going
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DATA DICTIONARY Data Dictionaries‚ a brief explanation Data dictionaries are how we organize all the data that we have into information. We will define what our data means‚ what type of data it is‚ how we can use it‚ and perhaps how it is related to other data. Basically this is a process in transforming the data ‘18’ or ‘TcM’ into age or username‚ because if we are presented with the data ‘18’‚ that can mean a lot of things… it can be an age‚ a prefix or a suffix of a telephone number‚ or basically
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