Smarten

JUNE 29, 2018

Correlation is a statistical measure that indicates the extent to which two variables fluctuate together. The Karl Pearson’s correlation measures the degree of linear relationship between two variables. A positive correlation indicates the extent to which those variables increase or decrease in parallel. About Smarten.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. 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. About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

The independent sample t-test is a statistical method of hypothesis testing that determines whether there is a statistically significant difference between the means of two independent samples. One is a dimension containing two values and the other is a measure. Let’s look at a sample of the Independent t-test on two variables.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

Simple Linear Regression is a statistical technique that attempts to explore the relationship between one independent variable (X) and one dependent variable (Y). This method helps a business to identify the relationship between X and Y and the nature and direction of that relationship. What is Simple Linear Regression? About Smarten.

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. Logistic regression measures the relationship between the categorical target variable and one or more independent variables. What is Binary Logistic Regression Classification? About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 26, 2018

Logistic regression measures the relationship between the categorical target variable and one or more independent variables It deals with situations in which the outcome for a target variable can have two or more possible types. What is the Multinomial-Logistic Regression Classification Algorithm? About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

datapine

FEBRUARY 9, 2024

4) How to Select Your KPIs 5) Avoid These KPI Mistakes 6) How To Choose A KPI Management Solution 7) KPI Management Examples Fact: 100% of statistics strategically placed at the top of blog posts are a direct result of people studying the dynamics of Key Performance Indicators, or KPIs. 3) What Are KPI Best Practices? What happens next?

KPI 221

KPI Management Key Performance Indicator Measurement 221

FineReport

APRIL 11, 2023

In today’s fast-paced business environment, making informed decisions based on accurate and up-to-date information is crucial for achieving success. With the advent of Business Intelligence Dashboard (BI Dashboard), access to information is no longer limited to IT departments.

Dashboards 40

Dashboards Business Intelligence Cost-Benefit Metrics 40

Occam's Razor

DECEMBER 3, 2008

If you stick to web analytics your title might tap out at one of the titles mentioned above (say Sr. If you really want to have your Job Title grow a lot more then you'll have to gradually move to the world of Business Analytics (not web) and Business Intelligence roles in IT. Business strategy.

Analytics 115

Analytics Consulting Metrics Reporting 115

datapine

MAY 27, 2020

In recent years, analytical reporting has evolved into one of the world’s most important business intelligence components, compelling companies to adapt their strategies based on powerful data-driven insights. How To Write An Analytical Report? Try our professional reporting software for 14 days, completely free!

Reporting 245

Reporting Analytics Dashboards Sales 245

Peter James Thomas

AUGUST 12, 2018

This piece was prompted by both Olaf’s question and a recent article by my friend Neil Raden on his Silicon Angle blog, Performance management: Can you really manage what you measure? It is hard to account for such tweaking in measurement systems. Some relate to inherent issues with what is being measured. million.

Metrics 49

Metrics Statistics Data Quality Measurement 49

datapine

MAY 16, 2019

A sobering statistic if ever we saw one. At its core, restaurant analytics is the concept of analyzing all of the data related to your restaurant business and transforming it into actionable insights with the help of business intelligence software that will ultimately lead to significantly improved efficiency.

Analytics 163

Analytics Predictive Analytics Advertising Dashboards 163

datapine

AUGUST 29, 2022

At 156 pages on Kindle, this is a book you could finish in one (long) sitting if you were so inclined, and that you can also use as an inspiration when you work on your business intelligence strategy. 6) Lean Analytics: Use Data to Build a Better Startup Faster, by Alistair Croll and Benjamin Yoskovitz.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smarten

JULY 10, 2018

Use Case(s): Manufacturing unit manager analyzes statistical significance of cycle time difference, pre and post process change, determine whether sales increased following a particular campaign and more. Use Case(s): Measure the impact of product price on product sales, measure the impact of temperature on crop yield an more.

Analytics 40

Analytics Forecasting Statistics Sales 40

Cloudera

NOVEMBER 2, 2020

the speed at which queries run is faster – small, selective queries are measured in 10s or 100s of milliseconds; large, scan- or compute-heavy queries are processed at very high bandwidth. cleansing, feature engineering, CDC reconciliation) or for stream analytics (e.g. General Purpose RTDW.

Data Warehouse 97

Data Warehouse Optimization Dashboards Interactive 97

Peter James Thomas

OCTOBER 1, 2019

Some authorities describe them as any diagram using a map to display statistical data; I cover this type of general chart in Map Charts below. A further example is contained in Limitations of Business Intelligence. Especially for all Business Analytics professionals out there. Business logic [My adaptation].

Sales 61

Sales Measurement Statistics Data Architecture 61

datapine

NOVEMBER 27, 2019

Over the past decade, business intelligence has been revolutionized. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

JUNE 25, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. What is a Descriptive Statistics? Descriptive statistics helps users to describe and understand the features of a specific dataset, by providing short summaries and a graphic depiction of the measured data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

datapine

MAY 17, 2021

There are tools that currently exist in the form of business intelligence software – platforms that have been specifically designed to improve traditional BI capabilities. Previously, we mentioned the three data discovery steps: data preparation, visual analysis, and guided advanced analytics. 2) Identify your pain points.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161