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

Smarten

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. What is the Paired Sample T Test? The Paired Sample T Test is used to determine whether the mean of a dependent variable e.g., weight, anxiety level, salary, reaction time, etc., is the same in two related groups.

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

Smarten

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?

Smarten

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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Analytics Report: Definite Guide You Will Ever Need

FineReport

Analytical information’s importance has created a fluctuation of data that companies can’t simply collect into a single spreadsheet. A company needs an analytical report to help them filter important data and create a comprehensive management report. Analytics reports. Overview of analytics report.

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The Advantages of Augmented Analytics!

Smarten

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 the Chi Square Test of Association and How Can it be Used for Analysis?

Smarten

This article describes chi square test of association and hypothesis testing. What is the Chi Square Test of Association Method of Hypothesis Testing? This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. Use Case – 1.

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Augmented Analytics for Every Business and Industry!

Smarten

Is An Augmented Analytics Solution Right for My Organization? Self-Serve Data Preparation is a critical component of augmented analytics. If these terms seem foreign to you, just know that they represent the future of business analysis. Let your users mash up, manage and monitor data, share data and customize alerts.