BizAcuity

APRIL 1, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. Predictive Analytics It is a subset of business analytics that uses statistical techniques (algorithms) to find patterns in historical data points and predict future outcomes with high accuracy.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. Predictive Analytics. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise. These include-.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Smarten

JUNE 29, 2018

Correlation is a statistical measure that indicates the extent to which two variables fluctuate together A positive correlation indicates the extent to which those variables increase or decrease in parallel. The Spearman’s Rank Correlation is a measure of correlation between two ranked (ordered) variables. About Smarten.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 29, 2018

This article explains the Karl Pearson Correlation method of analysis, and how it can be applied in business. What is the Karl Pearson Correlation Analytical Technique? Correlation is a statistical measure that indicates the extent to which two variables fluctuate together. must be converted to numeric ranking, i.e., 1,2,3,4,5.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. How Can Multiple Linear Regression Be Helpful for Business Analysis? Business Problem: An ecommerce company wants to measure the impact of product price, product promotions, and holiday seasonality on product sales. Use Case – 1.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

For example, one might consider two groups of participants that are measured at two different “time points” or two groups that are subjected to two different “conditions” Paired T Test is used to evaluate the before and after of a situation, treatment, condition, etc. is the same in two related groups. About Smarten.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smarten

JUNE 29, 2018

Business Problem: An eCommerce company wants to measure the impact of product price on product sales. Simple Linear Regression is a useful analytical technique when an organization wants to explore and analyze existence and nature of a relationship between one independent variable (X) and one dependent variable (Y).

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. Logistic regression measures the relationship between the categorical target variable and one or more independent variables. What is Binary Logistic Regression Classification?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 26, 2018

Logistic regression measures the relationship between the categorical target variable and one or more independent variables It deals with situations in which the outcome for a target variable can have two or more possible types. What is the Multinomial-Logistic Regression Classification Algorithm?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

One is a dimension containing two values and the other is a measure. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools. Use Case(s): Average value of all cars in U.S.

Analytics 40

Analytics Forecasting Statistics Sales 40

Cloudera

NOVEMBER 2, 2020

The capabilities that more and more customers are asking for are: Analytics on live data AND recent data AND historical data. An AdTech company in the US provides processing, payment, and analytics services for digital advertisers. Data processing and analytics drive their entire business. 200,000 queries per day.

Data Warehouse 97

Data Warehouse Optimization Dashboards Interactive 97

datapine

JANUARY 31, 2022

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Your Chance: Want to try a professional BI analytics software? Experience the power of Business Intelligence with our 14-days free trial!

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

datapine

NOVEMBER 27, 2019

Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts. 2019 was a particularly major year for the business intelligence industry.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

JUNE 25, 2018

Descriptive statistics helps users to describe and understand the features of a specific dataset, by providing short summaries and a graphic depiction of the measured data. This measurement can be biased in a case where there are a significant number of outliers present in the data. Skewness is a measure of symmetry.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

Depict Data Studio

SEPTEMBER 17, 2019

We’ll also measure your draft’s reading grade level and practice translating the research methods terminology we learned in grad school for the non-researchers who are using our data. . Isaac has over 20 years of performance management, evaluation, and outcome measurement experience. Before/After Data Visualization Makeovers.

Visualization 40

Visualization Consulting Dashboards Reporting 40