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

Smarten

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

Smarten

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.

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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. 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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The Advantages of Augmented Analytics!

Smarten

Augmented Analytics advantages support users by empowering them and encouraging user adoption with auto-recommendations and suggestions that help them visualize data in a way that makes sense for the type of data they are analyzing. Empower users with augmented analytics that include ETL for business users, smart data visualization and more!

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What is the Chi Square Test of Association and How Can it be Used for Analysis?

Smarten

This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. An enterprise might also use Chi Square to determine if there is a relationship between the region in which a product is purchased, and the product or category of product that is purchased.

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Augmented Analytics Algorithms and Techniques: Learning for Citizen Data Scientists

Smarten

This twenty-four (24) article series includes: Naïve Bayes Classification: What is Naïve Bayes Classification and How is it Used for Enterprise Analysis? Use Case(s): Weather Forecasting, Fraud Analysis and more. Use Case(s): Market Basket Analysis, Frequently Bundled Products and more.

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Gartner Predicts Growth of Augmented Analytics!

Smarten

Gartner also predicts that the number of Citizen Data Scientists will grow five times faster than the number of expert data scientists through 2020, and that by 2019 the amount of advanced analytics produced by citizen data scientists will surpass that produced by data scientists. So, what does that mean?