Topic 1 Flashcards

1
Q

Data mining

A

Extraction of knowledge from data

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2
Q

Churn

A

Customers Switching from one company to another

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3
Q

Data engineering

A

Supports data science, making data available at scale

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4
Q

Target

A

Specific purpose being aimed at (targeted), supervised learning needs a target and unsupervised learning does not

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5
Q

Unsupervised data mining

A

Data mining techniques that do not use a target

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6
Q

Data Science

A

Principles, processes, and techniques for understanding phenomena via the (automated) analysis of data

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7
Q

Moore’s Law

A

12-18 months: Computing hardware processing complexity and power doubles every 12-18 months

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8
Q

Bezo’s Law

A

The pricing of a unit of computing power decreases 50% every 3-years

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9
Q

List the 5 characteristics used to assess the quality of a big data source

A

Volume, Variety, Velocity, Veracity, Value

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