What is an algorithm?
An algorithm is a step-by-step set or rules or instructions necessary for performing a specific mathematical task or solving a particular mathematical problem. For instance, a retailer might use an algorithm to optimize product prices.
Kristopher Kubicki, chief architect of Dynamite Data, on algorithms:
An algorithm is a very general term to describe any kind of process or function. Typically, when computer science people talk about algorithms, they are describing a series of events the computer does to solve a problem. When a company like Dynamite Data builds a product for a customer, what we're really doing is building that method that can be used to answer an ongoing challenge again and again. This might be something very complicated and mathy -- like recommending the optimal price for a merchant. It could also be something a little more subjective, like recommending which products to promote based on gaps in a competitor's assortment.
2015 is a banner year for moviegoing and cinema advertising. North American box office sales are well on the way to topping the $10.9 billion record set in 2013. Even so, some analysts question whether the silver screen can continue to deliver a golden opportunity for marketers who want to advertise at the movies. Here are seven top myths about moviegoing and why savvy marketers know to ignore them. Brought to you by NCM -- America’s Movie Network.Learn more