In #datascience, you must understand context. There are times at work where looking at the data alone didn't help me from solving the problem.
It doesn't matter if your domain is in marketing, healthcare, product, etc... You need to understand the context first before diving into the data. Without background information about how the data was generated, it becomes really difficult to make accurate assumptions on what your data will show.
Taking the time to understand the context will not only benefit you in your analysis, but you may even help your colleagues tackle the problem better.
When you are informed about the data and problem, you increase your value because now you're in a position to communicate and identify other potential problems.
So do this: On your next project, take the time to not just do EDA, but also document your understanding of the context behind the data.
This good practice will definitely help you in your career and is a valuable skill you can bring to any team. Context first, data second.
In #datascience, you must understand context. There are times at work where looking at the data alone didn't help me from solving the problem.
It doesn't matter if your domain is in marketing, healthcare, product, etc... You need to understand the context first before diving into the data. Without background information about how the data was generated, it becomes really difficult to make accurate assumptions on what your data will show.
Taking the time to understand the context will not only benefit you in your analysis, but you may even help your colleagues tackle the problem better.
When you are informed about the data and problem, you increase your value because now you're in a position to communicate and identify other potential problems.
So do this: On your next project, take the time to not just do EDA, but also document your understanding of the context behind the data.
This good practice will definitely help you in your career and is a valuable skill you can bring to any team. Context first, data second.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.
