Analytics Vidhya

JULY 13, 2020

Introduction One of the most basic concepts in statistics is hypothesis testing. The post Hypothesis Testing: A Way to Prove Your Claim Using p-value appeared first on Analytics Vidhya. Not just in Data Science, Hypothesis testing is important in every field.

Testing 337

Testing Statistics Data Science Analytics 337

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. Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics.

Data Science 84

Data Science Data Analytics Prescriptive Analytics Analytics 84

FineReport

JUNE 11, 2021

As companies striving to embrace digital transformation and become data-driven, business intelligence and analytics skills and experience are essential to building a data-savvy team. However, if someone puts you on the spot, can you clearly tell the difference between business intelligence and analytics? Definition.

Business Intelligence 98

Business Intelligence Analytics Dashboards Statistics 98

Smart Data Collective

JUNE 8, 2023

many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. The Sports Analytics Market is expected to be worth over $22 billion by 2030. Data analytics can impact the sports industry and a number of different ways. The sports industry is among them.

Data Analytics 79

Data Analytics Analytics Data Collection Statistics 79

Jen Stirrup

SEPTEMBER 19, 2019

360 Orlando and I’m presenting a workshop on From Business Intelligence to Business Analytics with the Microsoft Data Platform. Data becomes relevant for decision making when we start to use it properly, so this workshop will demonstrate the use of analytics for real-life use cases. Power BI and Marketing Data.

Business Analytics 40

Business Analytics Analytics Statistics Dashboards 40

Smart Data Collective

MAY 8, 2022

Big data, analytics, and AI all have a relationship with each other. For example, big data analytics leverages AI for enhanced data analysis. Brands are closely working to solve this as they dive deep into the world of big data analytics. What is the relationship between big data analytics and AI? Business analytics.

Big Data 102

Big Data Data Analytics Analytics Cost-Benefit 102

FineReport

JUNE 11, 2021

As companies striving to embrace digital transformation and become data-driven, business intelligence and analytics skills and experience are essential to building a data-savvy team. However, if someone puts you on the spot, can you clearly tell the difference between business intelligence and analytics? Definition.

Business Intelligence 52

Business Intelligence Analytics Dashboards Statistics 52

CIO Business Intelligence

OCTOBER 26, 2023

Business intelligence (BI) analysts transform data into insights that drive business value. It’s a role that combines hard skills such as programming, data modeling, and statistics with soft skills such as communication, analytical thinking, and problem-solving.

Business Intelligence 126

Business Intelligence Data-driven Statistics Data Warehouse 126

Smarten

JUNE 27, 2018

This article provides a brief explanation of the SVM Classification method of analytics. SVM Classification Analysis can be used for many analytical tasks: Credit/Loan Approval Analysis – Given a list of client transactional attributes, a business can predict whether a client will default on a loan. Use Case – 1.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

Smart Data Collective

AUGUST 10, 2021

In the early days of analytics, only the largest companies could afford to leverage big data. All that’s changed and now there are accessible tools for businesses of all sizes. But which tools are the most effective for businesses in 2021? 5 Best Analytic Tools in 2021. Choosing an Analytics Tool.

Analytics 127

Analytics Data-driven Advertising Marketing 127

Smarten

JUNE 17, 2022

Smarten announces the recent certification of its Smarten Augmented Analytics Software product by CERT-IN. Contact the Smarten team for more information on Smarten Augmented Analytics solution. Original Post : Smarten Augmented Analytics Receives CERT-IN Certification for Its Products and Services! About Smarten.

Analytics 67

Analytics IT Business Intelligence Predictive Modeling 67

Smart Data Collective

OCTOBER 31, 2021

Analytics technology is incredibly important in almost every facet of business. Virtually every industry has found some ways to utilize analytics technology, but some are relying on it more than others. The e-commerce sector is among those that has relied most heavily on analytics technology.

Analytics 105

Analytics Data mining Analytics Technologies Sales 105

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. Utilizing standard methods, they collect, analyze, and interpret data to provide valuable business information.

Statistics 52

Statistics Data mining Visualization Reporting 52

datapine

AUGUST 14, 2019

To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations. Thanks to modern data analysis tools , today the costs are decreased since all the data is stored on a cloud and speeds up the process to make better business decisions.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

CIO Business Intelligence

MARCH 31, 2023

Business analysts are in high demand, with 24% of Fortune 500 companies currently hiring business analysts across a range of industries, including technology (27%), finance (13%), professional services (10%), and healthcare (5%), according to data from Zippia. Amazon, Capgemini, and IBM.

Business Analysis 105

Business Analysis Testing Business Analytics Statistics 105

Smarten

APRIL 12, 2023

Smarten announces the launch of SnapShot Anomaly Monitoring Alerts for Smarten Augmented Analytics. SnapShot Monitoring provides powerful data analytical features that reveal trends and anomalies and allow the enterprise to map targets and adapt to changing markets with clear, prescribed actions for continuous improvement.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

Analytics Vidhya

FEBRUARY 28, 2023

Each aspect of data science, like data preparation, the importance of big data, and the process of automation, contributes to how data science is the future […] The post 30 Best Data Science Books to Read in 2023 appeared first on Analytics Vidhya.

Data Science 339

Data Science Big Data Analytics IT 339

Analytics Vidhya

AUGUST 23, 2023

Learning Objectives After reading this article, learners will […] The post Price Optimization in E-Commerce appeared first on Analytics Vidhya. In an increasingly competitive e-commerce landscape, effective price optimization can be a significant differentiator.

Optimization 249

Optimization Business Objectives Marketing Analytics 249

Smart Data Collective

DECEMBER 14, 2021

More people are online today than ever before, so online tracking is inevitably used to obtain statistics and data for websites. Analyzing these statistics will help teams decide what needs to be addressed or what is working well for the site. Closing Thoughts.

Data Collection 120

Data Collection Statistics Data-driven Marketing Analytics 120

datapine

MARCH 25, 2022

1) What Is Business Intelligence And Analytics? 4) How Do BI And BA Apply To Business? If someone puts you on the spot, could you tell him/her what the difference between business intelligence and analytics is? We already saw earlier this year the benefits of Business Intelligence and Business Analytics.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Data Science 101

APRIL 12, 2019

While data science is unquestionably a fantastic career path regarding the impressive ratings and the fact that it is such an in-demand job, statistics show that there will be no slowing down for the surprisingly rapid increase for the demand of data scientists around the globe. This company is great for business analytics.

Statistics 110

Statistics Data Science Machine Learning Software 110

Smart Data Collective

MAY 29, 2023

As a result of the benefits of business analytics , the demand for Data analysts is growing quickly. The Bureau of Labor Statistics reports that the role of research and data analysts is projected to grow as much as 23% in the next 8 years. That is a staggering increase in comparison to most other industries.

Data Collection 74

Data Collection Big Data Statistics Software 74

Smarten

JUNE 29, 2018

This article discusses the analytical technique known as Sampling and provides a brief explanation of two types of sampling analysis, and how each of these methods is applied. What is Sampling Analysis? A random sample from each of these subgroups is taken in proportion to the subgroup size relative to the population size. About Smarten.

Analytics 40

Analytics Statistics Business Intelligence Predictive Modeling 40

Smarten

NOVEMBER 8, 2022

Smarten CEO, Kartik Patel says, ‘This comprehensive, free online course is designed to support businesses and individuals who wish to pursue, or are interested in finding out more about, the Citizen Data Scientist journey. It is intended for business and technology users and team members within the business environment. “By

Business Intelligence 52

Business Intelligence Predictive Modeling Statistics Data-driven 52

Analytics Vidhya

APRIL 25, 2020

The post 10+ Simple Yet Powerful Excel Tricks for Data Analysis appeared first on Analytics Vidhya. Overview Microsoft Excel is one of the most widely used tools for data analysis Learn the essential Excel functions used to analyze data for.

Analytics 351

Analytics Data Processing Structured Data Statistics 351

datapine

JANUARY 6, 2022

Data interpretation refers to the process of using diverse analytical methods to review data and arrive at relevant conclusions. More often than not, it involves the use of statistical modeling such as standard deviation, mean and median. Standard deviation: this is another statistical term commonly appearing in quantitative analysis.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smarten

JUNE 29, 2018

The independent sample t-test is a statistical method of hypothesis testing that determines whether there is a statistically significant difference between the means of two independent samples. This article focuses on the Independent Samples T Test technique of Hypothesis testing. About Smarten.

Testing 40

Testing Statistics IT Business Intelligence 40

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

Rita Sallam

JULY 22, 2016

And here we are now, past the tipping point of a more than 10 to 11 year transition away from IT-centric reporting platforms to modern BI and analytics platforms that make up much of the new buying in the BI and Analytics market. A modern BI platform supports IT-enabled analytic content development.

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

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. 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

Smarten

SEPTEMBER 15, 2017

Every enterprise is talking about Business Intelligence and Advanced Analytics. Every enterprise has considered the benefits of implementing self-serve analytics across the organization and involving business users in the process. Don’t become a failure statistic! Requirements Planning for Data Analytics.

Analytics 40

Analytics Statistics Data Governance Cost-Benefit 40

Smarten

OCTOBER 25, 2017

As the concept of business analytics becomes more main stream and business users embrace the possibilities, they (and their managers) want and expect even more tools and more potential. Advanced Data Discovery allows business users to quickly and easily prepare and analyze data and visualize and explore data.

Predictive Modeling 63

Predictive Modeling Statistics Visualization Business Analytics 63

Smarten

JUNE 29, 2018

At 95% confidence level (5% chance of error): As p-value = 0.041 which is less than 0.05, there is a statistically significant difference between means of pre and post sample values. Business Problem: A grocery store sales manager wants to know whether daily sales have increased after an advertising campaign.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Rocket-Powered Data Science

JULY 14, 2023

I recently saw an informal online survey that asked users what types of data (tabular; text; images; or “other”) are being used in their organization’s analytics applications. This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative.

Analytics 165

Analytics Internet of Things Prescriptive Analytics Data Science 165

Smarten

JUNE 26, 2018

It is used to determine whether there is a statistically significant association between the two categorical variables. This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. This analytical technique can be used for numerous purposes.

Testing 40

Testing Statistics IT Business Intelligence 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

Simple Linear Regression is a statistical technique that attempts to explore the relationship between one independent variable (X) and one dependent variable (Y). This method helps a business to identify the relationship between X and Y and the nature and direction of that relationship. What is Simple Linear Regression?

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40