Remove Article Remove Business Analytics Remove Business Intelligence Remove Predictive Modeling
article thumbnail

What Is The Difference Between Business Intelligence And Analytics?

datapine

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? What’s the difference between Business Analytics and Business Intelligence?

article thumbnail

What is SVM Classification Analysis and How Can It Benefit Business Analytics?

Smarten

This article provides a brief explanation of the SVM Classification method of analytics. the organization can predict the likelihood of an employee submitting fraudulent expenses. How Can SVM Classification Analysis Benefit Business Analytics? What is SVM Classification Analysis? Use Case – 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Smarten

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. An Autoregressive Integrated Moving Average with Explanatory Variable (ARIMAX) model can be viewed as a multiple regression model with one or more autoregressive (AR) terms and/or one or more moving average (MA) terms.

article thumbnail

What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

Smarten

This article provides a brief explanation of the ARIMA method of analytical forecasting. Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. ’ The ARIMA model is suggested for short term forecasting.

article thumbnail

What is Karl Pearson Correlation Analysis and How Can it be Used for Enterprise Analysis Needs?

Smarten

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.

article thumbnail

What is Simple Linear Regression and How Can an Enterprise Use this Technique to Analyze Data?

Smarten

This article describes the Simple Linear Regression method of analysis. 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?

article thumbnail

What Are Data Trends and Patterns, and How Do They Impact Business Decisions?

Smarten

In this article, we will focus on the identification and exploration of data patterns and the trends that data reveals. The business can use this information for forecasting and planning, and to test theories and strategies. In this article, we have reviewed and explained the types of trend and pattern analysis.