Posts

How Can One Use Python and/or R for Summary Statistics and Machine Learning on Data Sets Too Big to Fit into Memory?

Image
While dealing with large data sets, usually of the order of 400 million rows or gigabytes worth of data files, it’s natural to run out of memory capacity. For in-house data analysis, affording machines with enormous capacities can become a challenge for students and researchers. This doesn’t mean that average school or home computers can’t carry out large data calculations. Data Science is an integral part of the Python Programming Training modules and everyone should be able to work on large data sets easily. Therefore, we have devised several ways by which this can be made possible.  Optimizing Calculations for Large Data Sets Using GRIB Data Format   GRIB (GRIdded Binary) is a different data format than ASCII usually used in CSV and Excel files. GRIB takes up less space in the memory as it converts the data into a binary form.  This means that you can fit more data into the memory and have your machine calculations with a larger scope. GRIB is originally u

How Can You Make A Good Career In The Data Analytics Industry? What Are The Skills You Need To Develop If You Have To Start From Scratch?

Image
A career in data analytics is in the hotlist these days. This is because currently, an immense amount of data is available to companies and organizations and they need to draw out essential information from it. This is the work of a data analyst. A professional data analyst is required to get insights from this large amount of data that is being collected on a daily basis. So now we know that there is great scope in the field of data analytics but the question is how do you start and what are the skills that you need to work on in order to build a career in data analytics ? To start with, you need to get yourself enrolled in a data analytics program. There are numerous institutions that provide big data analytics courses ; enroll in the one that appeals to you the most based on the factors that you set for choosing the right one. Having a graduation degree in such a course with a high GPA will help you attain an entry-level job in the field of data analytics. You can al

How to Prepare for Data Scientist Interview?

Image
Have you ever wondered how a certain online app manages to offer you ‘suggestions’ on what to buy, what was your previous purchase and what are the upcoming discounts? Well, all thanks to Data Science. For a common man, Data science refers to acquiring and retrieving user data from a certain source for a particular purpose. So, if a ‘machine’ or a ‘software’ appears to ‘know you’ well, it is just data science working its magic.   In today’s time and age, data science is the ‘it’ thing, where every purchase is a source of information about your choices and each and every customer is actually a product to be analyzed. Aspirants in the field undergo rigorous D ata S cience T raining , in order to be able to develop skills that can be used in Data Science. So, the basic function of a data scientist is to make useful information out of data collected. Data science training involves ‘fetching’ of information, analyzing the information and utilizing it for the growth and devel

What Is A Bond Trade Life-cycle?

Image
A bond is a type of fixed-income instrument issued by the government or corporations to finance its projects and operations with the help of investors. In return, when the bond matures, investors get a promised return on their investment. After the bonds are issued by the government institutes, they are traded and circulated between investors in the market. After the maturity period gets over, the investors can redeem their bonds and receive their capital with interest promised by the government bodies. The market in which the bond is created, issued and traded is called a bond market. The bond market is basically of two types: Primary Bond Market Secondary Bond Market Primary Bond Market is the place where new bonds are originated and issued. On the other hand, the secondary bond market is the one where existing bonds are traded among investors. The life cycle of a bond consists of three steps: Origination of Bond Trading of Bond Maturity of Bond

What is Equity Trade Life Cycle?

Image
Ever wondered what is the trade life cycle of equity in the capital market is like? How the stock market function and ensures everyone gets their traded shares? In this article, we will discuss briefly how the process of share distribution takes place between the company and investors.  The life cycle of a trade in the capital market starts from the investor. An investor is a person or organization who is always in search of good investment opportunities and regularly invests in different financial assets like shares of a company, real estate, commodities, and bonds.  The life cycle of equity consists of 6 steps, with the help of which an investor can receive his shares from the company. Step 1: Placing the order with a broker firm The investor finds an investment opportunity and plans to buy shares of a particular company. To which, they inform the broker firm to place a buy order from their side.  Step 2: The broker firm receives the order The buy order of the

How Do You Practice On Advanced Analytics Programming In SAS?

Image
Data analytics is a subset of data science that deals with data collection and analysis, and applies various methods to make it useful information that can help make decisions and increase organizational productivity. Data science and data analytics is one of the best career paths of the 21st century. In today's data world, the potential for data analytics is huge. With the right knowledge and skills, you can have ample job opportunities. 1. Beginner's Guide to Analyzing Data and Data Do you want to start data analysis from Ground Zero? Then check out the Beginner’s Guide to Data and Data Analysis along with the course of Imarticus Learning. The data analysis courses offered by the online learning platform- Imarticus Learning, provides a concise but comprehensive package to learn advanced analytics programming for beginners. There are no prerequisites for the course, so you can start immediately if you have a real interest in the data analytics field. The Imarticus

What Skills Are Taught In Advanced Analytics?

Image
Traditional data analysis is big data and cannot handle the emergence of big structured and unorganized data. Relational database management systems need to improve mobility and use statistical algorithms to gain insight. The good news is that even if you work with small, large or unstructured datasets, the part of the analysis is the same. What is most needed for big data, is the ability to extract relevant information from a huge amount of data that works every minute. It requires technology to work with traditional surgery. Let us look at some of the basic skills you need to be a good data analyst. 1) Programming Traditional data analyzers can get away without being fully programmed, but big data analyzers need to be very comfortable in coding. One of the main reasons for this situation is that big data is still under development. Many regular operations are not configured for large, complex datasets that analysts have to deal with. Many tasks are required daily to process