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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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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. Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Try our professional data analysis software for 14 days, completely free!

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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. Use Case – 2.

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What’s the Difference: Quantitative vs Qualitative Data

Alation

Companies collect and analyze vast amounts of data to make informed business decisions. From product development to customer satisfaction, nearly every aspect of a business uses data and analytics to measure success and define strategies. Measures of central tendency. Percentages.

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

Occam's Razor

This role in the vendor world you get to go to various clients and show off cool detailed stuff that your VP of Marketing consistently screwed up so far and answer technical questions from wise guys. Roles for you on the business side in this category would include: Sr. Business strategy. Trinity type execution of measurement.

Analytics 115
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A Big Data Imperative: Driving Big Action

Occam's Razor

Clickstream + qualitative data + rigorous statistical analysis of outcomes + deep mining of data from competitive intelligence sources + rapid experiments + more. All it takes is a little business analysis. Here's my post: Five Steps to Finding a Purpose for your Analysis. Have something.

Big Data 127