Business Analysis Business Intelligence IT Predictive Analytics 
Smarten
JUNE 29, 2018
This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. Use Case – 1.
Smarten
JUNE 29, 2018
What is Multiple Linear Regression Analysis? To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). How Can Multiple Linear Regression Be Helpful for Business Analysis? Use Case – 1. About Smarten.
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Smarten
JUNE 29, 2018
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. So, Support (x -> y)= no.
Smarten
JUNE 29, 2018
How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Let’s look at two use cases to better understand the benefit of this technique in business analysis. Therefore, the treatment was not effective. Use Case – 1. About Smarten.
Smart Data Collective
JUNE 16, 2022
For both reasons, the role of CIOs has to embrace automation and analytical thinking in strategizing the organization’s initiatives. And since no one except CIOs has the technical nerve of a business; they are seizing the opportunity to increase value to the organization while positioning themselves as thought leaders. . bn by 2025. .
Smarten
JUNE 27, 2018
How Can Outlier Detection Improve Business Analysis? That focus will help the business to select the right method of analysis, graphing or plotting to reveal the results they need to see and understand. If you look at the Histogram below, you will see that one value lies far to the left of all other data. About Smarten.
Smarten
JUNE 29, 2018
This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. ARIMAX is suitable for analysis where there are additional explanatory variables (multivariate) in categorical and/or numeric format. How Can ARIMAX Forecasting Be Used for Enterprise Analysis?
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