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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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Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

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Real estate CIOs drive deals with data

CIO Business Intelligence

The Denver-based realty chain has also developed a homegrown Salesforce-based business intelligence app running off Tableau to power its global network of roughly 145,000 brokers and agents, Ligon says.

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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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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

This data retrieval and summarization capability gave rise to what we now know as the business intelligence industry. Today, the most common usage of business intelligence is for the production of descriptive analytics. . Integrate the data sources of the various behavioral attributes into a functional data model.

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Augmented Analytics Algorithms and Techniques: Learning for Citizen Data Scientists

Smarten

Use Case(s): Predict if loan default based on attributes of applicant; predict likelihood of successful treatment of new patient based on patient attributes and more. Paired Sample T Test: What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

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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.