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Chapter 1 provides a beautiful introduction to graphs, graph analytics algorithms, network science, and graph analytics use cases. In the discussion of power-law distributions, we see again another way that graphs differ from more familiar statistical analyses that assume a normal distribution of properties in random populations.
Let’s consider the differences between the two, and why they’re both important to the success of data-driven organizations. Digging into quantitative data. This is quantitative data. It’s “hard,” structured data that answers questions such as “how many?” or “how often?”
This simplification allows stakeholders to grasp the underlying patterns and trends within the data without getting lost in the complexity of raw numbers and statistics. Identification of Patterns : Visual dataenables viewers to identify patterns, trends, and outliers within datasets with greater clarity.
But we are seeing increasing data suggesting that broad and bland data literacy programs, for example statistics certifying all employees of a firm, do not actually lead to the desired change. New data suggests that pinpoint or targeted efforts are likely to be more effective. We do have good examples and bad examples.
Choosing the best analytics and BI platform for solving business problems requires non-technical workers to “speak data.”. A baseline understanding of dataenables the proper communication required to “be on the same page” with data scientists and engineers. These requirements include fluency in: Analytical models.
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