From the course: Decision Intelligence
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Upgrade 5: Decision automation
From the course: Decision Intelligence
Upgrade 5: Decision automation
- As we saw in the previous video, when there's certainty, we can just look up our answers from the data directly. Data science is more interesting under uncertainty. So what is data science? Data science is the discipline of making data useful. So let's look at a map of data science. It's an umbrella term, with four components involving the number of decisions that we know we want to make before we begin. So ask yourself, how many decisions do I want to make in this situation? And if the answer is, no idea, I don't know of any decisions yet, that means you're open-minded and you're exploring. That branch of data science is called analytics. If the answer is that you have a few important decisions, that's statistics. If the answer is many, many, many decisions, that's machine learning and AI, terms which these days, it's okay for you to use somewhat interchangeably. If the answer is, (speaker clears her throat),…
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