Smarten

JUNE 26, 2018

This article describes chi square test of association and hypothesis testing. What is the Chi Square Test of Association Method of Hypothesis Testing? It is used to determine whether there is a statistically significant association between the two categorical variables. Use Case – 1.

Testing 40

Testing Statistics IT Business Intelligence 40

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

CIO Business Intelligence

MARCH 31, 2023

Business analysts are in high demand, with 24% of Fortune 500 companies currently hiring business analysts across a range of industries, including technology (27%), finance (13%), professional services (10%), and healthcare (5%), according to data from Zippia. Amazon, Capgemini, and IBM.

Business Analysis 86

Business Analysis Testing Business Analytics Statistics 86

Smarten

JUNE 27, 2018

How Can SVM Classification Analysis Benefit Business Analytics? Let’s examine two business use cases where SVM Classification can benefit the organization. Fraud Analysis – Based on various bills submitted for employee reimbursement for food, travel, medical expenses etc., Use Case – 1. About Smarten.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

datapine

JANUARY 6, 2022

More often than not, it involves the use of statistical modeling such as standard deviation, mean and median. Let’s quickly review the most common statistical terms: Mean: a mean represents a numerical average for a set of responses. Standard deviation: this is another statistical term commonly appearing in quantitative analysis.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

FineReport

MARCH 24, 2024

Predictive analytics: Forecasting likely outcomes based on patterns and trends to facilitate proactive decision-making. Data analysts contribute value to organizations by uncovering trends, patterns, and insights through data gathering, cleaning, and statistical analysis.

Statistics 52

Statistics Data mining Visualization Reporting 52

Smarten

JANUARY 27, 2023

Smarten PMML integration provides simple language interpretation of models and enables predictions using single and multiple test records with user-friendly graphical user interface (GUI) or Web services API. The ready-to-use Smarten workflow guides the user from validation of the model to roll-out in the production environment.

Predictive Modeling 52

Predictive Modeling Analytics Predictive Analytics Business Intelligence 52

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

Smarten

JUNE 17, 2022

After completion of the testing procedure, the certificate is provided to show that all requirements were met. Contact the Smarten team for more information on Smarten Augmented Analytics solution. Smarten CEO, Kartik Patel says, “The CERT-IN certification for our Smarten suite of software products is an important credential.

Analytics 67

Analytics IT Business Intelligence Predictive Modeling 67

Smarten

JULY 26, 2022

Contact the Smarten team for more information on Smarten Augmented Analytics solution and the Smarten Mobile App. 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. About Smarten.

Key Performance Indicator 74

Key Performance Indicator Analytics Business Intelligence Dashboards 74

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?

KPI 221

KPI Management Key Performance Indicator Measurement 221

Smarten

APRIL 12, 2023

About Smarten The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

Rocket-Powered Data Science

JULY 14, 2023

I recently saw an informal online survey that asked users what types of data (tabular; text; images; or “other”) are being used in their organization’s analytics applications. This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative.

Analytics 165

Analytics Internet of Things Prescriptive Analytics Data Science 165

Smarten

APRIL 19, 2022

Contact the Smarten team for more information on Smarten Augmented Analytics solution and the powerful opportunities provided by Sentiment 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.

Slice and Dice 57

Slice and Dice Business Intelligence Advertising Predictive Modeling 57

Smarten

NOVEMBER 8, 2022

Begin the Citizen Data Scientist Journey now, or contact the Smarten team for more information on Smarten Augmented Analytics solution. 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. About Smarten.

Business Intelligence 52

Business Intelligence Predictive Modeling Statistics Data-driven 52

Smarten

NOVEMBER 26, 2023

Self-serve business intelligence provides an analytics approach that is accessible to business users. This approach to analytics offers many benefits to the business and to its business users and stakeholders. What is data democratization?

Business Intelligence 40

Business Intelligence Data-driven Reporting Advertising 40

datapine

NOVEMBER 27, 2019

The demand for real-time online data analysis tools is increasing and the arrival of the IoT (Internet of Things) is also bringing an uncountable amount of data, which will promote the statistical analysis and management at the top of the priorities list. Share the essential business intelligence trends among your team!

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

AWS Big Data

NOVEMBER 29, 2023

Amazon Redshift Serverless, generally available since 2021, allows you to run and scale analytics without having to provision and manage the data warehouse. Use one click to access your data lake tables using auto-mounted AWS Glue data catalogs on Amazon Redshift for a simplified experience.

Data Warehouse 99

Data Warehouse Data Lake Analytics Machine Learning 99

Smarten

JULY 10, 2018

Multiple Linear Regression: What is Multiple Linear Regression and How Can it be Helpful for Business Analysis? Independent Samples T Test: What is the Independent Samples T Test Method of Analysis and How Can it Benefit an Organization? Use Case(s): Are men more satisfied with their jobs than women?

Analytics 40

Analytics Forecasting Statistics Sales 40

BizAcuity

APRIL 1, 2023

Widely used to discover trends, patterns, check assumptions and spot anomalies or outliers, EDA involves a variety of techniques including statistical analysis, and machine learning to gain a better understanding of data. Model Training: The selected model is trained on a dataset and subsequently validated and tested before being deployed.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

Widely used to discover trends, patterns, check assumptions and spot anomalies or outliers, EDA involves a variety of techniques including statistical analysis, and machine learning to gain a better understanding of data. Predictive Analytics. OCR is widely used to digitize all kinds of physical documentation.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Smarten

JUNE 20, 2018

The business can use this information for forecasting and planning, and to test theories and strategies. A stationary time series is one with statistical properties such as mean, where variances are all constant over time. Linear Trend. Stationary/Stationarity. About Smarten.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

This article explains the Karl Pearson Correlation method of analysis, and how it can be applied in business. What is the Karl Pearson Correlation Analytical Technique? Correlation is a statistical measure that indicates the extent to which two variables fluctuate together. About Smarten.

Enterprise 40

Enterprise IT Statistics 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

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). What is Multiple Linear Regression Analysis? About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 40

datapine

MAY 17, 2021

What is a discovery model, and how do you use it in a real-world business context? Your Chance: Want to test a professional data discovery tool for free? Your Chance: Want to test a professional data discovery tool for free? Smart Data Discovery Or Augmented Intelligence: Discover The Next Stage In Business Analytics.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

Smarten

JUNE 27, 2018

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. About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Testing 40

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. This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. About Smarten.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

AUGUST 9, 2017

If your role in business demands that you stay abreast of changes in business analytics, you are probably familiar with the term Smart Data Discovery. You may also have read the recent Gartner report entitled, ‘Augmented Analytics Is the Future of Data and Analytics’ , Published 27 July 2017, by Rita L.

Analytics 40

Analytics IT Statistics ROI 40

Smarten

JUNE 29, 2018

Improved statistical precision is achieved through this method due to the low variability within each subgroup, and the fact that a smaller sample size is required for this method as compared to simple random sampling. A random sample from each of these subgroups is taken in proportion to the subgroup size relative to the population size.

Analytics 40

Analytics Statistics Business Intelligence Predictive Modeling 40

datapine

AUGUST 29, 2022

It mentions the completeness of data (as opposed to sampling), the power to quantify and digitize new formats of information that were previously inaccessible, as well as the ability to use new databases (like Hadoop and NoSQL) and statistical tools (machine learning and data mining) to describe huge quantities of data. Davenport.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smarten

JUNE 28, 2018

Hierarchical Clustering can help an enterprise organize data into groups to identify similarities and, equally important, dissimilar groups and characteristics, so that the business can target pricing, products, services, marketing messages and more. About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smarten

JUNE 29, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

JUNE 26, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist. About Smarten.

Forecasting 40

Forecasting Enterprise IT Sales 40

Smarten

JUNE 21, 2018

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. What is the Holt-Winters Forecasting Algorithm? The Holt-Winters algorithm is used for forecasting and It is a time-series forecasting method. About Smarten.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smarten

JUNE 29, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist. About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 26, 2018

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist. About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40