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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

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What is the Chi Square Test of Association and How Can it be Used for Analysis?

Smarten

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?

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Data Science, Past & Future

Domino Data Lab

He was saying this doesn’t belong just in statistics. It involved a lot of work with applied math, some depth in statistics and visualization, and also a lot of communication skills. Predictive analytics, yeah, not so much.” Those workflows would feedback into your business analytics.

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Augmented Analytics Algorithms and Techniques: Learning for Citizen Data Scientists

Smarten

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

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What is the Holt-Winters Forecasting Algorithm and How Can it be Used for Enterprise Analysis?

Smarten

Time series forecasting methods are used to extract and analyze data and statistics and characterize results to more accurately predict the future based on historical data. Business Benefit : Helps in planning for repeat telecast and for more advertisement (fund raising) if the projected count of viewers is high.