Monday 6 February 2017

Algorithmic Pricing



One of the hardest questions for anyone selling a product is: “How much should I charge?”


Today’s Internet companies are charged with putting a price tag on products and services in a people marketplace, with minimal historical data or comparative models to lean on.


Leading companies explain the magic behind why their dynamic pricing models work.

Good data scientist


Qualities that make a good data scientist

A good data scientist = data hacker + programmer+ analyst+ coach+ story teller+ artist. 

1) You need to enjoy an iterative process of development 
2) You also need to have a good intuition for when to stop
3) You should be comfortable with failure
4) You should be driven by curiosity
5) You need to have a good data intuition
6) You need to have a good sense of metrics

Hadoop FrameWork Diagram