The acronym ESG (Environmental, Social, and Governance) has evolved from a corporate trend into a strategic framework of sustainability and responsibility that guides business decisions […]
Tag: Big Data
The Importance of Variable Selection in Data Science and Decision Making
Introduction Data science and decision-making are disciplines that directly depend on the quality of the data and information analyzed. However, not all variables available in […]
Monte Carlo Simulation: Definition, Applications in Project Management and Data Science, Examples, and Benefits
1. Introduction Decision-making in uncertain scenarios requires tools capable of modeling variabilities and predicting possible outcomes. In this context, Monte Carlo simulation stands out as […]