Topic 1 Flashcards
Data mining
Extraction of knowledge from data
Churn
Customers Switching from one company to another
Data engineering
Supports data science, making data available at scale
Target
Specific purpose being aimed at (targeted), supervised learning needs a target and unsupervised learning does not
Unsupervised data mining
Data mining techniques that do not use a target
Data Science
Principles, processes, and techniques for understanding phenomena via the (automated) analysis of data
Moore’s Law
12-18 months: Computing hardware processing complexity and power doubles every 12-18 months
Bezo’s Law
The pricing of a unit of computing power decreases 50% every 3-years
List the 5 characteristics used to assess the quality of a big data source
Volume, Variety, Velocity, Veracity, Value