Rocket-Powered Data Science

OCTOBER 6, 2023

What is the point of those obvious statistical inferences? In statistical terms, the joint probability of event Y and condition X co-occurring, designated P(X,Y), is essentially the probability P(Y) of event Y occurring. How do predictive and prescriptive analytics fit into this statistical framework? Pay attention!

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Descriptive analytics: Descriptive analytics evaluates the quantities and qualities of a dataset.

Data Science 78

Data Science Data Analytics Prescriptive Analytics Analytics 78

CIO Business Intelligence

JANUARY 20, 2023

BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts, and maps to provide users with detailed intelligence about the state of the business. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

Business Intelligence 136

Business Intelligence Dashboards Data mining OLAP 136

Business Over Broadway

MARCH 13, 2019

Next, we can explore our data by calculating some descriptive statistics for our measures. Simply add the Statistics Node to the window and connect it to the Auto Data Prep Node. To view the statistics, click on the Statistics Node and hit run. The level of satisfaction is indexed by a summary statistic.

Statistics 78

Statistics Measurement Descriptive Analytics Machine Learning 78

Smart Data Collective

MARCH 11, 2022

Customer service analytics assist you in tracking and comparing key performance indicators (KPIs) to service level agreements (SLAs). You can see which representatives are meeting their targets and which ones need to boost their statistics this way. Customer Experience Analytics. Customer Engagement Analytics.

Customer Analytics 116

Customer Analytics Analytics Key Performance Indicator Big Data 116

Jet Global

MAY 1, 2023

Advanced Analytics Some apps provide a unique value proposition through the development of advanced (and often proprietary) statistical models. These advanced analytics become easy for users to apply in their own analyses. References Ask to speak to existing customers in similar verticals. Ask your vendors for references.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52