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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

In these applications, the data science involvement includes both the “learning” of the most significant patterns to alert on and the improvement of their models (logic) to minimize false positives and false negatives. These may not be high-risk discoveries, but they could be high-reward discoveries. Pay attention!

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

To ensure robust analysis, data analytics teams leverage a range of data management techniques, including data mining, data cleansing, data transformation, data modeling, and more. What are the four types of data analytics? It is frequently used for risk analysis.

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Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

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Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

Co-chair Paco Nathan provides highlights of Rev 2 , a data science leaders summit. We held Rev 2 May 23-24 in NYC, as the place where “data science leaders and their teams come to learn from each other.” If you lead a data science team/org, DM me and I’ll send you an invite to data-head.slack.com ”.

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How to supercharge data exploration with Pandas Profiling

Domino Data Lab

This blog explores the challenges associated with doing such work manually, discusses the benefits of using Pandas Profiling software to automate and standardize the process, and touches on the limitations of such tools in their ability to completely subsume the core tasks required of data science professionals and statistical researchers.

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Alation Connected Sheets Brings Trust to Spreadsheets

Alation

Or they don’t have the technical skill to extract, cleanse, or transform data they need. Spreadsheets dominate the activities of gathering and preparing data, and performing descriptive analytics. 78 million data workers are advanced spreadsheet users. Spreadsheets are dark matter.

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: AI Adoption and Data Strategy. AI is used for investments, automating accounting, fraud detection, claims prediction, credit scoring and risk profiling among others. Artificial Intelligence Analytics.