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Real-time Data
Real-time data (RTD) is information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Real-time data is often used for navigation or tracking. Such data is usually processed using real-time computing although it can also be stored for later or off-line data analysis. Real-time data is not the same as dynamic data. Real-time data can be dynamic (e.g. a variable indicating current location) or static (e.g. a fresh log entry indicating location at a specific time). In economics Real-time economic data, and other official statistics, are often based on preliminary estimates, and therefore are frequently adjusted as better estimates become available. These later adjusted data are called "revised data". The terms real-time economic data and real-time economic analysis were coined by Francis X. Diebold and Glenn D. Rudebusch. Macroeconomist Glenn D. Rudebusch defined real-time analysis as 'the use of sequential information se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Processing
Data processing is the collection and manipulation of digital data to produce meaningful information. Data processing is a form of ''information processing'', which is the modification (processing) of information in any manner detectable by an observer.Data processing is distinct from ''word processing'', which is manipulation of text specifically rather than data generally. The term "Data Processing", or "DP" has also been used to refer to a department within an organization responsible for the operation of data processing programs. Data processing functions Data processing may involve various processes, including: * Validation – Ensuring that supplied data is correct and relevant. * Sorting – "arranging items in some sequence and/or in different sets." * Summarization(statistical) or (automatic) – reducing detailed data to its main points. * Aggregation – combining multiple pieces of data. * Analysis – the "collection, organization, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real-time Computing
Real-time computing (RTC) is the computer science term for hardware and software systems subject to a "real-time constraint", for example from event to system response. Real-time programs must guarantee response within specified time constraints, often referred to as "deadlines". Ben-Ari, Mordechai; "Principles of Concurrent and Distributed Programming", ch. 16, Prentice Hall, 1990, , page 164 Real-time responses are often understood to be in the order of milliseconds, and sometimes microseconds. A system not specified as operating in real time cannot usually ''guarantee'' a response within any timeframe, although ''typical'' or ''expected'' response times may be given. Real-time processing ''fails'' if not completed within a specified deadline relative to an event; deadlines must always be met, regardless of system load. A real-time system has been described as one which "controls an environment by receiving data, processing them, and returning the results sufficiently quic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Analysis
Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on statistical modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dynamic Data
In data management, the time scale of the data determines how it is processed and stored. Dynamic data or transactional data is information that is periodically updated, meaning it changes asynchronously over time as new information becomes available. Data that is not dynamic is considered either static (unchanging) or persistent, which is data that is infrequently accessed and not likely to be modified. Dynamic data is also different from streaming data, which is a constant flow of information. Dynamic data may be updated at any time, with periods of inactivity in between. In enterprise data management, dynamic data is likely to be transactional, but it is not limited to financial or business transactions. It may also include engineering transactions, such as a revised schematic diagram or architectural document. In this context static data is either unchanged or so rarely changed that it can be stored remotely ("basement" or far) storage, whereas dynamic data is reused or ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Official Statistics
Official statistics are statistics published by government agencies or other public bodies such as international organizations as a public good. They provide quantitative or qualitative information on all major areas of citizens' lives, such as economic and social development, living conditions, health, education, and the environment. During the 15th and 16th centuries, statistics were a method for counting and listing populations and State resources. The term ''statistics'' comes from the New Latin ''statisticum collegium'' (council of state) and refers to ''science of the state''. According to the Organisation for Economic Co-operation and Development, official statistics are statistics disseminated by the national statistical system, excepting those that are explicitly not to be official". Governmental agencies at all levels, including municipal, county, and state administrations, may generate and disseminate official statistics. This broader possibility is accommodated by la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Official Statistics
Official statistics are statistics published by government agencies or other public bodies such as international organizations as a public good. They provide quantitative or qualitative information on all major areas of citizens' lives, such as economic and social development, living conditions, health, education, and the environment. During the 15th and 16th centuries, statistics were a method for counting and listing populations and State resources. The term ''statistics'' comes from the New Latin ''statisticum collegium'' (council of state) and refers to ''science of the state''. According to the Organisation for Economic Co-operation and Development, official statistics are statistics disseminated by the national statistical system, excepting those that are explicitly not to be official". Governmental agencies at all levels, including municipal, county, and state administrations, may generate and disseminate official statistics. This broader possibility is accommodated by la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macroeconomics
Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and government spending to regulate an economy's growth and stability. This includes regional, national, and global economies. According to a 2018 assessment by economists Emi Nakamura and Jón Steinsson, economic "evidence regarding the consequences of different macroeconomic policies is still highly imperfect and open to serious criticism." Macroeconomists study topics such as Gross domestic product, GDP (Gross Domestic Product), unemployment (including Unemployment#Measurement, unemployment rates), national income, price index, price indices, output (economics), output, Consumption (economics), consumption, inflation, saving, investment (macroeconomics), investment, Energy economics, energy, international trade, and international finance. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Athanasios Orphanides
Athanasios Orphanides (born 22 March 1962) is a Cypriot economist who served as Governor of the Central Bank of Cyprus between 3 May 2007 to 2 May 2012 and as a member of the Governing Council of the European Central Bank between 1 January 2008 and 2 May 2012. Prior to his appointment as governor, he served as senior adviser at the board of governors of the Federal Reserve System in the US, where he started his professional career as an economist in 1999. While at the Federal Reserve he taught undergraduate and graduate courses in macroeconomics and monetary economics at Georgetown University and Johns Hopkins University. He holds undergraduate degrees in mathematics and economics as well as PhD in economics from the Massachusetts Institute of Technology. On 29 April 2012 President Demetris Christofias announced that Panicos O. Demetriades would succeed Orphanides as governor of the Central Bank of Cyprus effective 3 May 2012. Orphanides is a professor at MIT Sloan School of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve Bank Of St
Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or regional governments that are partially self-governing; a union of states *Federal republic, a federation which is a republic *Federalism, a political philosophy *Federalist, a political belief or member of a political grouping *Federalization, implementation of federalism Particular governments *Federal government of the United States **United States federal law **United States federal courts *Government of Argentina *Government of Australia *Government of Pakistan *Federal government of Brazil *Government of Canada *Government of India *Federal government of Mexico *Federal government of Nigeria *Government of Russia *Government of South Africa *Government of Philippines Other *''The Federalist Papers'', critical early arguments in fav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve Bank Of Philadelphia
The Federal Reserve Bank of Philadelphia — also known as the Philadelphia Fed or the Philly Fed — headquartered at 10 Independence Mall in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern and central Pennsylvania, the nine southern counties of New Jersey, and Delaware. Its geographical territory is by far the smallest in the system, and its population base is the second-smallest (next to the Federal Reserve Bank of Minneapolis). The current President of the Philadelphia Fed is Patrick T. Harker. The Philadelphia Fed conducts research on both the national and regional economy. Its regional manufacturing index is the second of the regional manufacturing reports released every month (the New York Fed's Empire State Index is now released earlier), but it is still very important to the financial community as a proxy for nationwide manufacturing conditions. The Federal Reserve Bank of Philadelphia publishes a quarterly s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real-time Bidding
Real-time bidding (RTB) is a means by which advertising inventory is bought and sold on a per- impression basis, via instantaneous programmatic auction, similar to financial markets. With real-time bidding, advertising buyers bid on an impression and, if the bid is won, the buyer's ad is instantly displayed on the publisher's site. Real-time bidding lets advertisers manage and optimize ads from multiple ad-networks, allowing them to create and launch advertising campaigns, prioritize networks, and allocate percentages of unsold inventory, known as backfill. Real-time bidding is distinguishable from static auctions by how it is a per-impression way of bidding, whereas static auctions are groups of up to several thousand impressions. RTB is promoted as being more effective than static auctions for both advertisers and publishers in terms of advertising inventory sold, though the results vary by execution and local conditions. RTB replaced the traditional model. Research suggests that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Druid (open-source Data Store)
Druid is a column-oriented, open-source, distributed data store written in Java. Druid is designed to quickly ingest massive quantities of event data, and provide low-latency queries on top of the data.Hemsoth, Nicole. , ''Datanami'', 8 November 2012 The name Druid comes from the shapeshifting Druid class in many role-playing games, to reflect that the architecture of the system can shift to solve different types of data problems. Druid is commonly used in business intelligence-OLAP applications to analyze high volumes of real-time and historical data. Druid is used in production by technology companies such as Alibaba, Airbnb, Cisco, eBay, Lyft, Netflix, PayPal, Pinterest, Reddit, Twitter, Walmart, Wikimedia Foundation and Yahoo. History Druid was started in 2011 by Eric Tschetter, Fangjin Yang, Gian Merlino and Vadim Ogievetsky to power the analytics product of Metamarkets. The project was open-sourced under the GPL license in October 2012, Tschetter, Eric. , ''druid.apache ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
