Glossary of Data Science and Data Analytics

What is R?

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R is an open source programming language used for statistical analysis. Includes a command-line interface and various graphical interfaces. Popular types of algorithms are linear and nonlinear modeling, time series analysis, classification, and clustering. According to Gartner research, more than 50% of data science teams currently use R to a certain capacity. The R language competes with commercial products such as SAS and Fuzzy Logix.

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Discover Glossary of Data Science and Data Analytics

What is Customer Churn Analysis?

Customer churn rate is a business measurement that reflects the percentage of customers who end their relationship with a company within a certain period of time. This time period can be measured monthly, quarterly or annually, depending on the industry and product.

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What is Regression?

Regression is a technique that studies the relationship between a dependent variable (outcome) and one or more independent variables (inputs) in the processes of statistical modeling and data analysis.

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What is Julia?

Julia is an open-source, dynamic, high-level programming language designed for high-performance scientific computation and data analysis. Started in 2012 at MIT by Jeff Bezanson, Stefan Karpinski, Viral Shah, and Alan Edelman, Julia is designed with the philosophy of “write fast code, run fast”.

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