Remove Banking Remove Portfolio Remove R (Programming)
article thumbnail

Future of Data Scientists: Career Outlook

Knowledge Hut

Whether fraud detection in a bank or finding a country's happiness index, Data Science will be around for a long time. Your watch history is a rich data bank for these companies. A certification in a Data Science course is highly recommended to develop the portfolio. SAS SAS stands for Statistical Analytics Software.

article thumbnail

Correlation vs. Covariance

ProjectPro

Correlation vs. Covariance In Finance and Portfolio Management Correlation and Covariance are statistical tools whose applications spread across different fields. Before we start with the project ideas, here are a few simple tutorials that you should go through to understand how simple it is to use them in Python and R programming languages.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

15 Business Analyst Project Ideas and Examples for Practice

ProjectPro

You will learn how to use Exploratory Data Analysis (EDA) tools and implement different machine learning algorithms like Neural Networks, Support Vector Machines, and Random Forest in R programming language. For understanding banks’ business model, it is crucial to learn the whole process of approving a loan application.

article thumbnail

Top 15 Machine Learning Use Cases in 2023

ProjectPro

Machine Learning Use Cases in Finance Fraud Detection for Secure Transactions According to a study , banks and other financial organizations spend $2.92 Deep learning solutions using Python or R programming language can predict fraudulent behavior. It is continually achieving better model portfolios as a result.

article thumbnail

R Hadoop – A perfect match for Big Data

ProjectPro

However, if you discuss these tools with data scientists or data analysts, they say that their primary and favourite tool when working with big data sources and Hadoop , is the open source statistical modelling language – R. This limitation of R programming language comes as a major hindrance when dealing with big data.

Hadoop 40
article thumbnail

AWS Big Data Certification Salary 2023 [Fresher & Expereinced]

Knowledge Hut

DBS Bank INR 31.5L – 40.3L Industry / Employer / Company Considering various industries, here is the average salary that AWS Big Data Specialists can earn in a year: Banking $118,000 Financial Services $169,000 Healthcare $100000 IT Services & Consulting $47.06 Lakhs per year Pune ₹15.9 Lakhs per year Chennai ₹12.2

article thumbnail

Top 100 Hadoop Interview Questions and Answers 2023

ProjectPro

There are many more companies like Facebook, Twitter, LinkedIn, Pandora, JPMorgan Chase, Bank of America, etc. Big Data Interview Question asked at Wipro) 3) Write a Hive program to find the number of employees department-wise in an organization. using big data analytics to boost their revenue. Name some companies that use Hadoop.

Hadoop 40