Difference between revisions of "Data Science"
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== Context == | == Context == | ||
| − | In the context of [[Risk Management]] the concepts and practices of data science overlap strongly with [[Quantitative Risk Management]]. | + | In the context of [[Risk Management]] the concepts, objectives and practices of data science overlap strongly with those of [[Quantitative Risk Management]]. |
== See Also == | == See Also == | ||
Revision as of 18:17, 5 December 2023
Contents
Definition
Data Science is an emerging (as of 2020) interdisciplinary field that aims to extract and utilize knowledge from diverse data sets, which are typically large (see Big Data).
Components
The field is rather loosely defined as it applies to several different domains with a varying degree on reliance on:
- Computer Science and Data Engineering
- Mathematics and more specifically Statistics
- Information Visualization
- Graphic Design, and
- Business Processes
Context
In the context of Risk Management the concepts, objectives and practices of data science overlap strongly with those of Quantitative Risk Management.
