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Emerging Big Data analytics and machine learning applications require a significant amount of computational power. While there exists a plethora of large-scale data processing frameworks which thrive in handling the various complexities of…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-06-26 Jan S. Rellermeyer , Sobhan Omranian Khorasani , Dan Graur , Apourva Parthasarathy

Informatics and technological advancements have triggered generation of huge volume of data with varied complexity in its management and analysis. Big Data analytics is the practice of revealing hidden aspects of such data and making…

Databases · Computer Science 2018-03-30 Bikram Karmakar , Indranil Mukhopadhyay

This introduction to Bayesian statistics presents the main concepts as well as the principal reasons advocated in favour of a Bayesian modelling. We cover the various approaches to prior determination as well as the basis asymptotic…

Methodology · Statistics 2010-02-09 Christian P. Robert , Judith Rousseau

The term of big data was used since 1990s, but it became very popular around 2012. A recent definition of this term says that big data are information assets characterized by high volume, velocity, variety and veracity that need special…

General Economics · Economics 2024-06-19 Bogdan Oancea

Data visualization and analytics are nowadays one of the corner-stones of Data Science, turning the abundance of Big Data being produced through modern systems into actionable knowledge. Indeed, the Big Data era has realized the…

Databases · Computer Science 2023-11-21 Nikos Bikakis

The past decades have seen enormous improvements in computational inference based on statistical models, with continual enhancement in a wide range of computational tools, in competition. In Bayesian inference, first and foremost, MCMC…

Computation · Statistics 2015-05-12 Peter J. Green , Krzysztof Łatuszyński , Marcelo Pereyra , Christian P. Robert

Technology is generating a huge and growing availability of observa tions of diverse nature. This big data is placing data learning as a central scientific discipline. It includes collection, storage, preprocessing, visualization and,…

Other Statistics · Statistics 2018-06-12 José L. Torrecilla , Juan Romo

Data mining environment produces a large amount of data, that need to be analyzed, patterns have to be extracted from that to gain knowledge. In this new era with boom of data both structured and unstructured, in the field of genomics,…

Databases · Computer Science 2013-07-23 Chanchal Yadav , Shuliang Wang , Manoj Kumar

The new age of digital growth has marked all fields. This technological evolution has impacted data flows which have witnessed a rapid expansion over the last decade that makes the data traditional processing unable to catch up with the…

Databases · Computer Science 2024-04-22 Rania Mkhinini Gahar , Olfa Arfaoui , Minyar Sassi Hidri

Big data revolutionizes accounting and auditing, offering deep insights but also introducing challenges like data privacy and security. With data from IoT, social media, and transactions, traditional practices are evolving. Professionals…

General Finance · Quantitative Finance 2024-03-13 Yuxiang Sun , Jingyi Li , Mengdie Lu , Zongying Guo

Frequentist statistical methods, such as hypothesis testing, are standard practice in papers that provide benchmark comparisons. Unfortunately, these methods have often been misused, e.g., without testing for their statistical test…

Methodology · Statistics 2021-05-18 David Issa Mattos , Jan Bosch , Helena Holmström Olsson

The wide proliferation of various wireless communication systems and wireless devices has led to the arrival of big data era in large scale wireless networks. Big data of large scale wireless networks has the key features of wide variety,…

Networking and Internet Architecture · Computer Science 2019-09-30 Hong-Ning Dai , Raymond Chi-Wing Wong , Hao Wang , Zibin Zheng , Athanasios V. Vasilakos

Analytics corresponds to a relevant and challenging phase of Big Data. The generation of knowledge from extensive data sets (petabyte era) of varying types, occurring at a speed able to serve decision makers, is practiced using multiple…

Software Engineering · Computer Science 2022-03-15 Rogerio Rossi , Kechi Hirama

Big Data concern large-volume, growing data sets that are complex and have multiple autonomous sources. Earlier technologies were not able to handle storage and processing of huge data thus Big Data concept comes into existence. This is a…

Machine Learning · Computer Science 2015-03-26 Praful Koturwar , Sheetal Girase , Debajyoti Mukhopadhyay

We provide four case studies that use Bayesian machinery to making inductive reasoning. Our main motivation relies in offering several instances where the Bayesian approach to data analysis is exploited at its best to perform complex tasks,…

Methodology · Statistics 2021-11-18 Juan Sosa , Lina Buitrago

The excessive amounts of data generated by devices and Internet-based sources at a regular basis constitute, big data. This data can be processed and analyzed to develop useful applications for specific domains. Several mathematical and…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-12-15 Samiya Khan , Kashish Ara Shakil , Mansaf Alam

Advances in information technology and its widespread growth in several areas of business, engineering, medical and scientific studies are resulting in information/data explosion. Knowledge discovery and decision making from such rapidly…

Distributed, Parallel, and Cluster Computing · Computer Science 2015-09-07 Raghavendra Kune , Pramodkumar Konugurthi , Arun Agarwal , Raghavendra Rao Chillarige , Rajkumar Buyya

Data sets are growing in complexity thanks to the increasing facilities we have nowadays to both generate and store data. This poses many challenges to machine learning that are leading to the proposal of new methods and paradigms, in order…

Machine Learning · Computer Science 2018-12-04 Irene Córdoba , Concha Bielza , Pedro Larrañaga

The term, Big Data, has been authored to refer to the extensive heave of data that can't be managed by traditional data handling methods or techniques. The field of Big Data plays an indispensable role in various fields, such as…

Computers and Society · Computer Science 2017-10-12 Mashooque Ahmed Memon , Safeeullah Soomro , Awais Khan Jumani , Muneer Ahmed Kartio

The recent interest in Big Data has generated a broad range of new academic, corporate, and policy practices along with an evolving debate amongst its proponents, detractors, and skeptics. While the practices draw on a common set of tools,…