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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE. They are using analytics to help drive business growth.

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Smarten

How Can Multiple Linear Regression Be Helpful for Business Analysis? If we consider the use cases below, we can see the value of Multiple Linear Regression analysis. Business Problem: An ecommerce company wants to measure the impact of product price, product promotions, and holiday seasonality on product sales.

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What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

Smarten

How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Marketing – Have sales increased following a particular campaign? Let’s look at two use cases to better understand the benefit of this technique in business analysis.

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What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis?

Smarten

How Does Frequent Pattern Mining Support Business Analysis? This method of analysis can be useful in evaluating data for various business functions and industries. Basket Data Analysis – To analyze the association of purchased items in a single basket or single purchase. Confidence (milk->bread) = 0.5

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Business Dashboard: Door To Acute Business Insights

FineReport

Have no idea how to combine business dashorad with your concrete business? Request a demo and we’ll show you how FineReport benefit your business analysis and decision-making, which could further release your business potential. Dashboard for business performance. Dashboard for business development.

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Augmented Analytics Algorithms and Techniques: Learning for Citizen Data Scientists

Smarten

Use Case(s): Weather Forecasting, Fraud Analysis and more. Frequent Pattern Mining (Association): What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis? Use Case(s): Market Basket Analysis, Frequently Bundled Products and more. Use Case(s): Average value of all cars in U.S.

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Seize The Power Of Analytical Reports – Business Examples & Templates

datapine

A marketing agency can decide to allocate their budget differently after the team has seen that the most traffic comes from a different source of the invested budget. For an analytical-style report format to work it its optimum capacity, selecting the right KPI template to build up your performance and business goals – is vital.

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