In this podcast episode, Avery talks with Akshay Swaminathan, co-author of the book 'Winning with Data Science: A Handbook for Business Leaders.
They discuss the vague terms often thrown around in the data science industry and underline the importance of understanding these terms in order to make effective business decisions.
Swaminathan highlights the need to leverage data science in healthcare and real estate.
The episode covers various aspects of data analysis, including prediction, association, and description.
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Timestamps:
(12:14) - The Value of Data Science in Business
(14:57) - The Role of Data Science in Problem Solving
(20:36) - Understanding the Difference Between Data Science and Data Analytics
(25:39) - The Importance of Framing Business Questions for Data Science
(30:48) - The Power of Meeting Business Needs with Data Science: A Real-Life Example
(38:26 ) - The Limitations of Data Science
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