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  • Big Data About Other Topics

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    Kumari Lisa Pandit
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    The document discusses how big data can help improve decision making processes by allowing organizations to decide faster, react more flexibly, act predictively, make more robust decisions based on high quality data, decide collaboratively, and consider options outside the box. It outlines the typical decision making process through big data which involves goal identification, creation/improvement, data collection, data refinement, tool implementation, and process execution. Finally, it distinguishes between supervised learning which uses already tagged training data and unsupervised learning which allows algorithms to operate without guidance on untagged information through clustering and association.

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    big data and more

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    big data about other topics

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    The document discusses how big data can help improve decision making processes by allowing organizations to decide faster, react more flexibly, act predictively, make more robust decisions based on high quality data, decide collaboratively, and consider options outside the box. It outlines the typical decision making process through big data which involves goal identification, creation/improvement, data collection, data refinement, tool implementation, and process execution. Finally, it distinguishes between supervised learning which uses already tagged training data and unsupervised learning which allows algorithms to operate without guidance on untagged information through clustering and association.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    0 views4 pages

    Big Data About Other Topics

    Uploaded by

    Kumari Lisa Pandit
    The document discusses how big data can help improve decision making processes by allowing organizations to decide faster, react more flexibly, act predictively, make more robust decisions based on high quality data, decide collaboratively, and consider options outside the box. It outlines the typical decision making process through big data which involves goal identification, creation/improvement, data collection, data refinement, tool implementation, and process execution. Finally, it distinguishes between supervised learning which uses already tagged training data and unsupervised learning which allows algorithms to operate without guidance on untagged information through clustering and association.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    Decision making through

    BIG data

    Kumari Lisa
    PGPJ03026
    IIM Jammu
    Why we need BIG DATA
    • Decide faster
    • React more flexible and earlier
    • Act not only for present but also predictive
    • Make bullet proof decisions
    • Make decisions on high quality basis
    • Decide collaboratively
    • Take decisions outside the box
    Decision Process through Big Data
    • Goal Identification
    • Creation or Improvisation
    • Data Collection
    • Data Refinement
    • Tools Implementation
    • Process Execution
    Supervised and Unsupervised learning

    Supervised learning
    • presence of a supervisor as a teacher
    • the machine using data which is already tagged with the correct answer.
    • Algorithm is classified into classification and regression

    Unsupervised learning
    • There is no guidance of supervisor. Allows the algorithm to act on that information without guidance.
    • training of machine using information that is neither classified
    • Algorithm is classified into clustering and association

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