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Gartner Predicts Growth of Augmented Analytics!

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Augmented Analytics Tools Designed to Support the Future! As one of its Strategic Assumptions, Gartner predicted that ‘By 2020, more than 40% of data science tasks will be automated, resulting in increased productivity and broader usage by citizen data scientists.’ So, what does that mean?

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The Advantages of Augmented Analytics!

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What Are the Advantages of Augmented Analytics? Advanced analytics benefits are too numerous to mention! What if your business users could leverage self-serve advanced analytics to see and use data in a way that made their jobs easier and made them more of an asset to the business?

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

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This article describes the analytical technique of multiple linear regression. What is Multiple Linear Regression Analysis? To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). Use Case – 1.

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What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

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How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. The closer this value is to 0, the weaker the relationship/association is between both variables. Use Case – 1.

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What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

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How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Let’s look at two use cases to better understand the benefit of this technique in business analysis. Therefore, the treatment was not effective. Use Case – 1.

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What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis?

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In this article, we discuss the analytical method known as frequent pattern mining, previously known as ‘association’ What is Frequent Pattern Mining? How Does Frequent Pattern Mining Support Business Analysis? This method of analysis can be useful in evaluating data for various business functions and industries.

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What is Advanced Analytics and What Are the Benefits of Advanced Analytics?

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Many businesses are just discovering the benefits of self-serve business intelligence and establishing data democratization initiatives but, as every business manager and team member knows, business markets and competition move rapidly and yesterday’s business intelligence initiatives are morphing into advanced analytics efforts.