Smarten
JUNE 29, 2018
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.
Smarten
JUNE 29, 2018
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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datapine
JANUARY 24, 2021
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. The questions to ask when analyzing data will be the framework, the lens, that allows you to focus on specific aspects of your business reality. This quote might sound a little dramatic.
Smarten
JUNE 29, 2018
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.
Smarten
JULY 10, 2018
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.
FineReport
JUNE 20, 2022
Evolved from dashboards in a car or an airplane, dashboards in business operations provide an at-a-glance view of the essential business information on a single screen for the business owners. Income analysis by FineReport. Dashboard Design Tips. Designing an effective dashboard is not as difficult as how you think.
Occam's Razor
APRIL 4, 2011
." Words instead of data pukes is just a clue, read the words to discern if it actually is analysis or a repeation of what the table or graph already says! In the same vein not every output that is chock full of numbers in five size font, with pies and tables stuffed in for good measure, is a representation of web reporting.
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