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. Confidence (milk->bread) = 0.5

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

Occam's Razor

APRIL 4, 2011

What's the difference between web reporting and web analysis? " That applies to what is analysis. So here I what I actually said: If you see a data puke then you know you are looking at the result of web reporting, even if it is called a dashboard. So what about web analysis? All good signs of analysis.

Reporting 127

Reporting Metrics Dashboards Statistics 127

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.

Analytics 40

Analytics Forecasting Statistics Sales 40

Smarten

JUNE 27, 2018

How Can Outlier Detection Improve Business Analysis? When a business uses Outlier analysis, it is important to test the results and analyze the overall dataset and environment to be sure that the presence of outliers does not indicate that the dataset may be more complex than anticipated and may require a different form of analysis.

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. All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Alation

OCTOBER 12, 2022

Quantitative analysis can take two forms: the traditional business analysis of numerical data, or the more academic quantitative analysis. Traditional business analysis uses numerical methods to paint a picture, often through numerical methods, like statistics.

Statistics 52

Statistics Sales Testing Marketing 52

Occam's Razor

JANUARY 10, 2011

And possess at least some knowledge of the fundamentals of statistics. Recommending actions requires an ability to understand business strategy, marketplace dynamics, some complex situational analysis, root cause identification, and, perhaps most importantly, an ability to identify the right business question.

Analytics 120

Analytics Measurement Data-driven Optimization 120

Occam's Razor

DECEMBER 3, 2008

Michael, politely, says in an email: "I have done web analytics for five years, I have mastered Omniture, WebTrends and Google Analytics, I provide analysis and not just reporting. Or atleast 40% of the time you are a true Analysis Ninja, even if 60% of the time you are a glorified Reporting Squirrel!

Analytics 115

Analytics Consulting Metrics Reporting 115