Occam's Razor

MARCH 8, 2010

A very simple test can allow you to figure out if the metric you are dutifully reporting (or absolutely in love with) is gold or mud. It is called the Three Layers of So What test. What's this lovely test? Let's check out how you would conduct the "so what" test with a couple of examples.

Metrics 117

Metrics Testing Key Performance Indicator KPI 117

Smarten

APRIL 19, 2024

Anomaly Alerts KPI monitoring and Auto Insights allows business users to quickly establish KPIs and target metrics and identify the Key Influencers and variables for the target KPI.

Analytics 57

Analytics Predictive Modeling KPI Machine Learning 57

datapine

APRIL 16, 2019

Download the list of the 11 essential steps to implement your BI strategy! Data driven decision making (DDDM) is a process that involves collecting data based on measurable goals or KPIs, analyzing patterns and facts from these insights, and utilizing them to develop strategies and activities that benefit the business in a number of areas.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

AWS Big Data

JUNE 15, 2023

This post assumes you’re familiar with building visual analytics in dashboards or reports, and shares new and different strategies needed to build natural language interfaces that are simple to use. Measures of this type can produce misleading or statistically inaccurate results when added with one another.

Sales 68

Sales Dashboards Visualization Testing 68

datapine

MARCH 19, 2019

According to the statistics portal Statista , there are currently around 4.78 With the right KPI software , you can easily do so, with just a few clicks. You should hold internal focus groups to test how ‘scannable’ your dashboard designs are and find out which areas need improvement. We live in a mobile world.

Dashboards 112

Dashboards Visualization Metrics KPI 112

FineReport

MAY 18, 2024

Applications in Various Fields In Business , data visualization is used for sales analysis , market forecasting, and performance KPI tracking. In scientific research, histograms are commonly used to illustrate the distribution of test scores among students, providing insights into performance patterns and areas for improvement.

Visualization 52

Visualization Interactive Cost-Benefit Dashboards 52

datapine

NOVEMBER 27, 2019

In 2020, BI tools and strategies will become increasingly customized. Accordingly, the rise of master data management is becoming a key priority in the business intelligence strategy of a company. Another increasing factor in the future of business intelligence is testing AI in a duel.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

MAY 17, 2021

Businesses can benefit from improved data driven decision making as well as enhanced business processes and models and share insights across departments more fluently while propelling intelligent business strategies. Your Chance: Want to test a professional data discovery tool for free? We offer a 14 day free trial.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

datapine

FEBRUARY 23, 2023

2) Charts And Graphs Categories 3) 20 Different Types Of Graphs And Charts 4) How To Choose The Right Chart Type Data and statistics are all around us. That said, there is still a lack of charting literacy due to the wide range of visuals available to us and the misuse of statistics. Table of Contents 1) What Are Graphs And Charts?

Visualization 177

Visualization Dashboards Sales Measurement 177

Occam's Razor

AUGUST 22, 2011

" ~ Web Metrics: "What is a KPI? Barriers To An Effective Web Measurement Strategy [+ Solutions!]. Triggers, Benchmarking, Identifying Goals & KPI Cards. Be Awesome At Comparing KPI Trends Over Time. Five Reasons And Awesome Testing Ideas. Lab Usability Testing: What, Why, How Much.

KPI 124

KPI Metrics Measurement ROI 124

Occam's Razor

OCTOBER 31, 2011

In this case for my data it is not statistically significant (more on that later in this post), but there is no way you would know that (or not know that) just from the data in front of you. Statistical Significance is Your BFF. It does 1-tail and 2-tail tests and the even more beloved chi-square test. Download it.

Statistics 130

Statistics Testing Reporting Key Performance Indicator 130

Birst BI

AUGUST 23, 2018

If your data science resources are strained, here is an example data scientist workflow that leverages Birst to speed up tasks throughout the application development lifecycle – data preparation, model development and testing with R integration, deployment into the business, and governance and management.

Machine Learning 73

Machine Learning Data Science Testing Metrics 73

FineReport

JANUARY 5, 2022

With the help of powerful data-driven insights, companies can adapt their strategies. Analytics report analyzes and evaluates a business strategy or process using qualitative and quantitative company data. In addition, it can provide a predictive analysis of a specific issue based on statistics and historical data.

Reporting 52

Reporting Analytics Visualization Dashboards 52

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? Are there mitigation strategies that can be implemented successfully that could provide policy guidance and reasons for optimism in the face of ever increasing frequency of extreme weather events? Here is the link to Qlik’s BI Bake-Off video.

Optimization 52

Optimization Machine Learning Insurance Risk 52

datapine

MARCH 22, 2019

For customer service industries, utilizing various customer satisfaction metrics like Customer Effort Score, Net Promoter Score, and Customer Satisfaction Score, with the help of the right KPI software will enable you to meet – or even exceed – your customers’ needs. Analyze gathered data: This step should be clear.

Metrics 134

Metrics Dashboards Measurement Interactive 134

datapine

APRIL 11, 2019

Rather than listing facts, figures, and statistics alone, people used gripping, imaginative timelines, bestowing raw data with real context and interpretation. Open In Full Screen The Hospital KPI Dashboard. The one we have here gives us the big picture of a complex establishment, tracking several healthcare KPIs. Experiment.

Dashboards 169

Dashboards Visualization Data-driven Key Performance Indicator 169

Domino Data Lab

JULY 9, 2019

A “data scientist” might build a multistage processing pipeline in Python, design a hypothesis test, perform a regression analysis over data samples with R, design and implement an algorithm in Hadoop, or communicate the results of our analyses to other members of the organization in a clear and concise fashion. .”

Data Science 112

Data Science Machine Learning Advertising Modeling 112

Occam's Razor

DECEMBER 3, 2008

4) You realize that there is more to life than creating reports and trying to explain KPI's. Leaders and identify measurements strategies for their impossible to answer questions (often they don't know how ease these are so you totally look like a hero). Business strategy. He can implement anything in his sleep.

Analytics 115

Analytics Consulting Metrics Reporting 115