Untitled Flashcards Set

Chapter 7: Machine Learning and Deep Learning

  • AI Overview: AI mimics human intelligence using Machine Learning (ML) and Deep Learning (DL).

    • ML: Learns from data and adapts; includes supervised (e.g., regression, classification) and unsupervised (e.g., clustering) learning.

    • DL: Advanced ML using neural networks with input, hidden, and output layers; used in tasks like self-driving cars.

  • Applications: Includes SEO, PPC bidding, and clustering (e.g., Uber).

  • AI Types: Applied AI for specific tasks (e.g., autonomous driving) and General AI for varied tasks.


Chapter 8: Cloud Services

  • Definition: Cloud computing delivers internet-based services (e.g., storage, servers).

  • Models: Public (shared), Private (dedicated), Hybrid (mixed).

  • Service Types:

    • IaaS: Infrastructure (e.g., AWS EC2).

    • PaaS: Development platforms (e.g., Google App Engine).

    • SaaS: Software applications (e.g., Salesforce).

  • Benefits: Scalability, accessibility, cost-effectiveness, and real-time processing.

  • Challenges: Security perceptions, cost management, compliance issues.

  • Applications: Cloud tools support data integration, analysis, and sharing.


Chapter 9: Web Analytics

  • Definition: Measures web data for optimization.

  • Key Metrics: Users (total, active, new), sessions, pageviews, conversions, bounce rate.

  • Google Analytics 4 (GA4): Tracks user behavior, acquisition, and interactions.

  • SEO Support: Tracks organic visitors and refines keyword strategies.


Chapter 11: Storytelling through Visualization

  • Data Visualization:

    • Simplifies data insights using graphs/charts.

    • Key types: Bar, line, pie, scatter plots, and advanced visuals (e.g., tree maps).

    • Benefits: Enhances decision-making and identifies trends.

  • Tools: Tableau, Excel, R, Python.

  • Preparation: Clean data, define objectives, and choose appropriate visuals.


Chapter 12: Predictive Analytics with Regression

  • Definition: Forecasts outcomes based on historical data.

  • Techniques:

    • Linear regression (simple and multiple).

    • Key metrics: R², Adjusted R², and P-values.

  • Applications: Predicts trends, customer behavior, and sales.

  • Challenges: Requires robust datasets and continuous updates for accuracy.


Chapter 13: Prescriptive Analytics with Optimization

  • Definition: Provides actionable recommendations by solving optimization problems.

  • Key Elements:

    • Objective function, decision variables, constraints.

    • Types: Discrete vs. continuous, constrained vs. unconstrained.

  • Applications: Supply chain, resource allocation, marketing strategies.

  • Approaches: Deterministic (fixed parameters) and stochastic (uncertain parameters).

Challenges: Data quality, computational complexity, dynamic environments.

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