Learning Business Analysis. Where to Start? What to Read, Watch, Study?
Posted: Mon Jan 20, 2025 8:59 am
Learn the basic terms. Start with those that you often confused. For example, "correlation" with "approximation". It's simple: correlation is the search for interdependencies in data. The correlation method is widely used in the so-called data mining . We
try not to confuse data mining with crypto mining Data mining is when you use computer systems to discover the dependence of an agricultural company's harvest on... molybdenum prices. Or the impact of tuna catch volumes in the South American part of the Pacific Ocean on the US real estate market.
The cool thing is that the word "correlation" was first used in dinosaur bone excavations. That is, thanks to correlation, today we know the practical appearance of Lehellinosaurus and Quantumosaurus!
"The term correlation was first introduced belize whatsapp resource into scientific circulation in the 18th century by the French paleontologist Georges Cuvier. He developed a “law of correlation” between the parts and organs of living things, which allows one to reconstruct the appearance of a fossil animal using only a portion of its remains.” (Wikipedia)
Approximation. In its simplest form: replacing some objects with others that are in some sense close to the original, but simpler. You see a swarm of dots on a diagram, more or less arranged in a straight line, and you replace that line with a single simple straight line.
try not to confuse data mining with crypto mining Data mining is when you use computer systems to discover the dependence of an agricultural company's harvest on... molybdenum prices. Or the impact of tuna catch volumes in the South American part of the Pacific Ocean on the US real estate market.
The cool thing is that the word "correlation" was first used in dinosaur bone excavations. That is, thanks to correlation, today we know the practical appearance of Lehellinosaurus and Quantumosaurus!
"The term correlation was first introduced belize whatsapp resource into scientific circulation in the 18th century by the French paleontologist Georges Cuvier. He developed a “law of correlation” between the parts and organs of living things, which allows one to reconstruct the appearance of a fossil animal using only a portion of its remains.” (Wikipedia)
Approximation. In its simplest form: replacing some objects with others that are in some sense close to the original, but simpler. You see a swarm of dots on a diagram, more or less arranged in a straight line, and you replace that line with a single simple straight line.