Trade-offs & Decision Making in Analytics is a structured track of 3 lessons that build a complete, interview-ready understanding of the topic. Work through them in order, then use the quiz and flashcards in each lesson to revise.
What this course covers
- Classic Analytics Trade-offs Explained - The analytics 'Iron Triangle' is Speed - Accuracy - Cost.
- Model Interpretability vs Performance: The Trade-off - As models get more complex, they generally get more accurate - but also less interpretable.
- Build vs Buy: Deciding on Analytics Tools - The Build vs Buy question comes up for every analytics tool decision: should we build our own BI tool, or use Tableau?