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    Data Types

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    Jet Siegbert
    PARAMETERS STATIC DATA STREAMED DATA NATURE Stable and unchanging over time Dynamic and continuously generated in real-time SOURCE Typically stored in databases, files, or spreadsheets Often originates from sensors, social media feeds, financial markets, or any source with constant updates UPDATES Occur at specific intervals, not continuously Can be high velocity and high volume, requiring scalable storage and processing EXAMPLES Customer information, product catalogs, historical sa

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    Data Types

    Uploaded by

    Jet Siegbert
    10 views2 pages
    PARAMETERS STATIC DATA STREAMED DATA NATURE Stable and unchanging over time Dynamic and continuously generated in real-time SOURCE Typically stored in databases, files, or spreadsheets Often originates from sensors, social media feeds, financial markets, or any source with constant updates UPDATES Occur at specific intervals, not continuously Can be high velocity and high volume, requiring scalable storage and processing EXAMPLES Customer information, product catalogs, historical sa

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    PARAMETERS STATIC DATA STREAMED DATA NATURE Stable and unchanging over time Dynamic and continuously generated in real-time SOURCE Typically stored in databases, files, or spreadsheets Often originates from sensors, social media feeds, financial markets, or any source with constant updates UPDATES Occur at specific intervals, not continuously Can be high velocity and high volume, requiring scalable storage and processing EXAMPLES Customer information, product catalogs, historical sa

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    10 views2 pages

    Data Types

    Uploaded by

    Jet Siegbert
    PARAMETERS STATIC DATA STREAMED DATA NATURE Stable and unchanging over time Dynamic and continuously generated in real-time SOURCE Typically stored in databases, files, or spreadsheets Often originates from sensors, social media feeds, financial markets, or any source with constant updates UPDATES Occur at specific intervals, not continuously Can be high velocity and high volume, requiring scalable storage and processing EXAMPLES Customer information, product catalogs, historical sa

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    © All Rights Reserved
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    PARAMETERS STATIC DATA STREAMED DATA

    Dynamic and continuously


    NATURE Stable and unchanging over time
    generated in real-time

    Often originates from sensors,


    social media feeds, financial
    SOURCE Typically stored in databases,
    markets, or any source with
    files, or spreadsheets
    constant updates

    Can be high velocity and high


    UPDATES Occur at specific intervals, not volume, requiring scalable storage
    continuously and processing

    Sensor data (temperature


    readings, GPS coordinates),
    EXAMPLES Customer information, product
    social media feeds (posts, tweets),
    catalogs, historical sales data
    financial transactions

    Focused on real-time insights,


    ANALYSIS Well-suited for in-depth analysis often involving extracting patterns
    using sophisticated tools and trends from the latest data

    The key difference between static and streamed data lies in their characteristics and how they are handled.
    All three fields - statistics, data mining, and machine learning - are concerned with extracting knowledge from
    data, but they differ in their goals and approaches

    PARAMETERS STATISTICS DATA MINING MACHINE LEARNING

    Summarizing, describing, Uncovering hidden patterns Developing algorithms that


    FOCUS and drawing conclusions and relationships within large can learn from data by
    from data datasets itself

    Understand the
    Build models that can
    characteristics of a Extract insights that can
    GOAL make predictions or
    population based on a inform decision-making
    classifications on new,
    sample
    unseen data

    Often works with smaller,


    Deals with large and
    well-defined datasets. Primarily utilizes large
    potentially messy datasets.
    These datasets typically datasets to train the
    Data can be structured, semi-
    follow a specific structure algorithms. Data quality
    DATA structured, or unstructured,
    and are subjected to and pre-processing are
    requiring cleaning and
    rigorous cleaning and crucial for building effective
    preprocessing before
    preparation before models
    applying mining techniques
    analysis

    Fraud detection, Revealing Image recognition, spam


    Scientific research, behavioral patterns, Bitcoin filtering, stock price
    APPLICATIONS
    market research, mining (Blockchain prediction,
    experimental studies technology) recommendation systems

    Image recognition: Facial


    recognition in social media
    Scientific research: Fraud detection: Analyzing or security applications.
    Analyzing experimental financial transactions to
    data to draw conclusions identify patterns indicative of Spam filtering: Identifying
    and support hypotheses. fraudulent activity. and filtering unwanted
    EXAMPLES emails.
    Market research: Risk management: Assessing
    Understanding customer potential risks associated with Stock price prediction:
    demographics, loan applications or insurance Analyzing market trends
    preferences, and market claims and historical data to
    trends forecast future stock prices
    (with inherent limitations)

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