Are they the seeds to be nurtured to bring in automation, innovation and transformation. There is a saying, necessity is the mother of invention. I would say, innovation is amalgamation of creativity and necessity. We need to understand the ecosystem, to apply creativity and identify the ideas to bring in change. We need to be competent with changing ecosystem and think beyond the possible. What is the biggest challenge in doing this? "Unlearning and Learning", we think the current ecosystem is the best. Be it health, finserve, agriculture or mechanical domain, we need to emphasize with the stakeholders, to come up with the strategy to drive. The very evident example here is the quality of life is changing every millisecond. Few decades back the phone connection was limited to few, but today all the millennials are having a mobile phone. Now phone is not just a medium to talk, but are so powerful devices that an innovative solution can be developed on it....
Hello Data Experts, Let me continue from my last blog http://outstandingoutlier.blogspot.in/2017/08/dataset-using-r.html “Dataset using R” where we discussed how to load Dataset from CSV and work on basic operations over that dataset. Given R is the statistical language, it is important for us to unleash the power of R for statistical analysis. This blog will help you learn statistical calculations such as Mean, Median, Mode, Variance, SD and few other formulas. Let us move forward and understand how to get these values. Before we delve into statistical programming, let us understand why do we need to calculate all three mean, Median and Mode and not just anyone. Mean represent average value which can get influenced by outlier (higher or lower) value. Median reflects middle most value with less probability of getting influenced by outlier. Mode is the maximum repeated value in the dataset. Standard Deviation derives level of variation. It is very comm...