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Data Science Blog

Benford’s Law: The Math Trick That Detects Fraud

The Fascinating First-Digit Rule in Data Science Benford’s Law is an unusual law that exists in the principle in both data science and work in mathematics and forensic accounting. However, it turns out that this mathematical principle predicts pattern of such first...

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Why Most Companies Fail at Data Strategy and How to fix it?

Effective data strategies are important for leveraging the power of data to drive business evolution and well-versed decision-making. Data-driven decision making is an innovative and trending business technique that opens up new experiences for development and growth....

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Time-Series Forecasting with Darts: A Hands-On Tutorial

Time-Series Forecasting with Darts: A Hands-On Tutorial

Time-series forecasting is an essential machine learning task with applications in demand prediction, and financial forecasting, among other tasks. That led us to Darts: a simple yet powerful Python library that offers a unified interface for various forecasting...

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Ace Your Data Analyst Interview:  Understanding the Questions

Ace Your Data Analyst Interview: Understanding the Questions

Landing your dream data analyst role requires more than just technical skills. You need to showcase your ability to communicate effectively, solve problems, and think strategically. At Magnimind, we've helped countless aspiring data analysts like you impress...

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Evaluating Outlier Impact on Time Series Data Analysis

Evaluating Outlier Impact on Time Series Data Analysis

Time series data analysis is crucial in understanding and predicting trends over time. It has various applications across diverse fields, including finance, healthcare, and weather forecasting. For example, stock price forecasting depends on analyzing historical...

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