Let's try to guesstimate the price of one kg potato in India. There could be multiple ways to do it, but your aim should be to keep the "scope of error" to the minimum.
Continue readingThe measure of Spread in layman terms
TheDataMonk
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Data Science is a combination of Statistics and Technology. In this article, we will try to understand some basic terminologies in Layman's language. Suppose I run a chain of Pizza outlets across Bangalore and have around 500 delivery ...
Continue reading100 Natural Language Processing Questions in Python
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What is NLP? NLP stands for Natural Language Processing and it is a branch of data science that consists of systematic processes for analyzing, understanding, and deriving information from the text data in a smart ...
Continue readingPython – Part 1/10
5-6 years back Java was said to be ever lasting. Everyone wanted a Java developer in their team. Looking at the current scenario, we can safely assume that Python is and will be one of the most used Programming language across ...
Continue readingGuesstimate 3 – What are the number of smartphones sold in India per year?
TheDataMonk
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Guesstimate , Uncategorized
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Population of India : 1200 mn Population above poverty line: 70% 840 mn Population below 14 years: 30% Hence, proxy figure: 588 mn Rural Population (70%) ...
Continue readingGuesstimate 2 – How many laptops are sold in Bangalore in a day?
TheDataMonk
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What is the number of laptops sold in Bangalore on an average routine day? Laptop is a costly product. I am assuming that people buy laptop only when they needed. That's why i am going ...
Continue readingGuesstimate 1 – How many t-shirts are sold in India per day?
How many t-shirts e-commerce companies selling in India per day? We can approach this problem in two ways: Demand side Supply side I am going to solve using demand of t-shirts in the market Total population of india : ...
Continue readingExponential Smoothing (ETS) Forecasting in layman terms
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Exponential Smoothing is a technique to make forecasts by using a weighted mean of past values, wherein more recent values are given higher weights. Now, let's try to unpack that statement and actually understand it.
Continue readingDeloitte Data Scientist Interview Questions | Day 21
TheDataMonk
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Day 21 - Deloitte Data Scientist Interview QuestionsToday we will look into the complete procedure of Deloitte recruitment. Let's start with Deloitte Data Scientist ...
Continue readingAccenture Business Analyst Interview Question | Day 22
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Today is Day 22 and we will work on the complete Accenture Business Analyst Interview QuestionCompany Name - Accenture Location - ...
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