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Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

If you want to survive, it’s time to act.” – Capgemini and EMC² in their study Big & Fast Data: The Rise of Insight-Driven Business. All of our experience has taught us that data analysis is only as good as the questions you ask. It’s crucial to know what data analysis questions you want to ask from the get-go.

IT 317
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What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

Smarten

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.

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What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

Smarten

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.

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

Smarten

What is Multiple Linear Regression Analysis? Multiple Linear Regression is a statistical technique that is designed to explore the relationship between two or more variables (X, and Y). How Can Multiple Linear Regression Be Helpful for Business Analysis? Use Case – 1. The dependent variable is crop production.

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Seize The Power Of Analytical Reports – Business Examples & Templates

datapine

In recent years, analytical reporting has evolved into one of the world’s most important business intelligence components, compelling companies to adapt their strategies based on powerful data-driven insights. To learn more about how to improve your analysis efforts, you can read our comprehensive guide on data analysis methods.

Reporting 245
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Analytics Career Advice: Job Titles, Salaries, Technical & Business Roles

Occam's Razor

If you really want to have your Job Title grow a lot more then you'll have to gradually move to the world of Business Analytics (not web) and Business Intelligence roles in IT. 2| Business Individual Contributor. The only condition is that your have to be a very very strong business person. Business strategy.

Analytics 115
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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.