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News / Blog: #process

What is programming/ coding?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Programming is the art of writing logical instructions that a computer can execute. It is a process of using algorithms to write a program that can perform specific tasks. This includes defining the logic, using different programming languages, and communicating with the computer.
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What is InnoDB?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
InnoDB is a relational database storage engine developed by Oracle Corporation and part of MySQL. It provides transaction security, isolation and parallel data processing. InnoDB is the preferred storage engine for most applications because it offers a number of features and options that other storage engines do not. These include atomicity, consistency, isolation and durability (ACID compliance), as well as performance and scalability improvements.
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What is Big Data?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Big Data refers to a collection of very large and/or complex data sets that are too complex to process using traditional data processing methods. Big Data can come from a variety of sources, such as text, audio, video, or images, and can be used for analysis to provide insights that aid in decision making.
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What is trend analysis?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A trend analysis is a process in which a company collects and analyzes data to identify short- and long-term trends in a particular market, industry, or business. This allows companies to better inform their decisions and optimize the results of their investments. Trend analysis helps companies make better decisions by providing data based on past trends and developments in a particular area.
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What is extrapolation?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Extrapolation is a statistical process that attempts to reach a conclusion about a phenomenon or data structure based on certain existing data. It is a method of forecasting based on the assumption that certain trends present in the current data will exist in the future.
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