Smarten

JUNE 26, 2018

It is used to determine whether there is a statistically significant association between the two categorical variables. This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. How Can the Chi Square Test of Association Be Used for Business Analysis?

Testing 40

Testing Statistics IT Business Intelligence 40

FineReport

DECEMBER 19, 2019

In fact, it’s a BI analysis tool specifically for business people, helping them get rid of the constraints of traditional IT and complete data analysis work independently. At the same time, it also advocates visual exploratory analysis. The visualization component library of FineReport is very rich.

Knowledge Discovery 98

Knowledge Discovery Visualization Experimentation Reporting 98

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.

IT 40

IT Business Intelligence Predictive Modeling Testing 40

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?

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Occam's Razor

APRIL 4, 2011

" That applies to what is analysis. If you see words in English outlining actions that need to be taken, and below the fold you see relevant supporting data, then you are looking at the result of web data analysis. Examples of web analysis? This is a good example of web analysis: [And not only because it is my work!

Reporting 127

Reporting Metrics Dashboards Statistics 127

Jen Stirrup

JUNE 20, 2020

My analysis is based on the Financial statements put forward by PASS using some basic metrics; until you do that piece, you can’t move forward to compare and contrast it with other data since you have not done your ‘descriptive statistical analysis’ first to ensure that the comparison is valid.

Metrics 104

Metrics Business Analytics Data-driven Statistics 104

Occam's Razor

SEPTEMBER 21, 2015

Avoid complex visualizations – they get in the way! Even if you have really amazing why and so what , I've observed many Analysts die at the last mile: Presenting their whys and the so whats, in the form of stories. In fact 86.4% of all Analyst careers fail due to a lack of this critical last mile skill! It is really 88%. : ).

Visualization 160

Visualization Key Performance Indicator Slice and Dice Strategy 160

datapine

MAY 27, 2020

While many companies struggle to leverage an effective business intelligence strategy, the importance of analytical information created a fluctuation of data that cannot be simply collected into a single spreadsheet. A modern data report offers a host of interactive data charts and visualizations you can use to your advantage.

Reporting 245

Reporting Analytics Dashboards Sales 245

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

FineReport

JANUARY 5, 2022

Analytics report analyzes and evaluates a business strategy or process using qualitative and quantitative company data. As a result, it can empower employees to make data-driven decisions based on evidence and analysis. As a result, it can empower employees to make data-driven decisions based on evidence and analysis.

Reporting 52

Reporting Analytics Visualization Dashboards 52

FineReport

JUNE 20, 2022

In this data-driven era, data visualization is indispensable in business operations. The most predominant means to visualize data is the application of various dashboards. Instead, the visual display of historical information is more important. Many people are not very confident in designing an effective dashboard.

Dashboards 52

Dashboards Metrics Visualization Sales 52

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