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Fact-based Decision-making

Peter James Thomas

By the time that people who need to take decisions based on such information are in the loop, the inherent uncertainty of the prediction may have disappeared. Especially for all Business Analytics professionals out there (2009). [7]. See in particular my trilogy: Using historical data to justify BI investments – Part I (2011).

Metrics 49
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Misleading Statistics Examples – Discover The Potential For Misuse of Statistics & Data In The Digital Age

datapine

Statistical analyses have historically been a stalwart of the high-tech and advanced business industries, and today they are more important than ever. With the rise of advanced technology and globalized operations, statistical analyses grant businesses an insight into solving the extreme uncertainties of the market.