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.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

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. Use Case – 2.

Business Analysis 40

Business Analysis IT Sales Statistics 40

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. 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.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smarten

JUNE 26, 2018

This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. Marketing / Market Research – To determine if certain types of products sell better in certain geographic locations than others, and to verify if gender has an influence on purchasing decisions.

Testing 40

Testing Statistics IT Business Intelligence 40

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.

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

Smarten

JULY 10, 2018

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.

Analytics 40

Analytics Forecasting Statistics Sales 40

Smarten

MAY 10, 2019

Elegant MicroWeb is included in the Gartner Market Guide for Data Preparation Tools, published on April 17, 2019. The Elegant MicroWeb (Smarten SSDP solution) is listed as a Representative Vendor in the Gartner Market Guide for Data Preparation.

Marketing 40

Marketing Predictive Modeling Data-driven Visualization 40