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Must Know Differences Between Data Science and Data Analytics

Pickl AI

For example, a data scientist might develop a machine-learning algorithm to predict customer churn, while a data analyst would analyze customer data to understand why churn occurred in the past. Banks employ sophisticated algorithms to analyze transaction patterns and identify suspicious activities in real-time.

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Understanding the Synergy Between Artificial Intelligence & Data Science

Pickl AI

Understanding Data Science Data Science is a multidisciplinary field that uses scientific methods, algorithms, and systems to extract knowledge and insights from structured and unstructured data. Finance In finance, Data Science is critical in fraud detection, risk management, and algorithmic trading.