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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more.

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The top 15 big data and data analytics certifications

CIO Business Intelligence

Certifications measure your knowledge and skills against industry- and vendor-specific benchmarks to prove to employers that you have the right skillset. Organization: AWS Price: US$300 How to prepare: Amazon offers free exam guides, sample questions, practice tests, and digital training.

Big Data 121
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Analyzing Large P Small N Data – Examples from Microbiome

Domino Data Lab

High throughput screening technologies have been developed to measure all the molecules of interest in a sample in a single experiment (e.g., Predictive models fit to noise approach 100% accuracy. Each of these behaviors wreak havoc on statistical analyses. Introduction. Pairwise distances between points become the same.

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Catching Feels

Insight

Summary statistics (i.e. This created a summary features matrix of 7472 recordings x 176 summary features, which was used for training emotion label prediction models. Prediction models An Exploratory Data Analysis showed improved performance was dependent on gender and emotion. the Mel-frequency cepstrum).

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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 draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance.

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The curse of Dimensionality

Domino Data Lab

The Curse of Dimensionality , or Large P, Small N, ((P >> N)) , problem applies to the latter case of lots of variables measured on a relatively few number of samples. Statistical methods for analyzing this two-dimensional data exist. This statistical test is correct because the data are (presumably) bivariate normal.

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What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

Smarten

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. What is the Paired Sample T Test? The Paired Sample T Test is used to determine whether the mean of a dependent variable e.g., weight, anxiety level, salary, reaction time, etc., is the same in two related groups.