Researchers at the University of Florence and Istituto dei Sistemi Complessi, in Italy, have recently proved that the invasiveness of quantum measurements might not always be detrimental. In a study published in Physical ...
(Phys.org)—A widely-used tool for studying cellular structure – indeed, a technique in use throughout biology – phase contrast microscopy converts optical phase shifts to changes in brightness. At the same time, several ...
All cells secrete nanoscale extracellular vesicles naturally as lipid-bilayer delimited particles. Therefore they are valid biomarkers to identify a variety of diseases.
Excavations by a University of Kansas paleontologist working in a treasure trove of fossils called the "Spence Shale Lagerstätte" have revealed an ancient sea worm unknown to science until now. The finding has now been published ...
Paleontology & Fossils
Aug 3, 2023
1
509
MIT physicists are reigniting the possibility, which they previously had snuffed out, that a bright burst of gamma rays at the center of our galaxy may be the result of dark matter after all.
General Physics
Dec 12, 2019
62
799
Books can burn. Computers get hacked. DVDs degrade. Technologies to store information—ink on paper, computers, CDs and DVDs, and even DNA—continue to improve. And yet, threats as simple as water and as complex as cyber-attacks ...
Materials Science
May 1, 2019
2
391
(Phys.org) —Surface catalysts are notoriously difficult to study mechanistically, but scientists at the University of South Carolina and Rice University have shown how to get real-time reaction information from Ag nanocatalysts ...
Nanomaterials
Jun 6, 2014
0
0
(Phys.org) —Back in the early 2000s, Ed Feng was a Ph.D. student at Stanford studying chemical engineering. At the time, he never thought that his research on the dynamics of liquids using statistical physics would one ...
A team of researchers at the University of Michigan has used computational and analytical analysis to find the maximum packing density of 55,000 uniquely shaped particles. In their paper published in the journal Physical ...
(Phys.org)—Research at SLAC National Accelerator Laboratory demonstrates that ultrashort, ultrabright X-ray laser pulses can reveal details of chemically important molecules at room temperature and in their natural state. ...
General Physics
Nov 6, 2012
0
0
Analytics is the application of computer technology, operational research, and statistics to solve problems in business and industry. Analytics is carried out within an information system: while, in the past, statistics and mathematics could be studied without computers and software, analytics has evolved from the application of computers to the analysis of data and this takes place within an information system or software environment. Mathematics underpins the algorithms used in analytics - the science of analytics is concerned with extracting useful properties of data using computable functions (see Church-Turing thesis), and typically will involve extracting properties from large data bases (see data mining). Analytics therefore bridges the disciplines of computer science, statistics, and mathematics.
A simple definition of analytics is "the science of analysis". A practical definition, however, would be that analytics is the process of obtaining an optimal or realistic decision based on existing data. Business managers may choose to make decisions based on past experiences or rules of thumb, or there might be other qualitative aspects to decision making; but unless there are data involved in the process, it would not be considered analytics.
Common applications of analytics include the study of business data using statistical analysis in order to discover and understand historical patterns with an eye to predicting and improving business performance in the future. Also, some people use the term to denote the use of mathematics in business. Others hold that the field of analytics includes the use of operations research, statistics and probability. However, it would be erroneous to limit the field of analytics to only statistics and mathematics.
Analytics closely resembles statistical analysis and data mining, but tends to be based on modeling involving extensive computation. Some fields within the area of analytics are enterprise decision management, marketing analytics, predictive science, strategy science, credit risk analysis and fraud analytics.
This text uses material from Wikipedia, licensed under CC BY-SA
