CIO Business Intelligence

NOVEMBER 14, 2022

A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another. Commonly used models include: Statistical models. They emphasize access to and manipulation of a model.

Data mining 137

Data mining Data-driven Statistics OLAP 137

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As That, in turn, led to a slew of manual processes to make descriptive analysis of the test results. This allowed us to derive insights more easily.”

Digital Transformation 94

Digital Transformation Cost-Benefit Informatics Data mining 94

Juice Analytics

APRIL 17, 2020

As I was listening to a Data Visualization Society round table discussion about the responsible use of COVID-19 data (properly distanced and webinar-ed, of course), a few thoughts seemed most relevant. Forecasts are built by experts, using lots of assumptions, based on very complex and specifically applied statistical models.

Forecasting 85

Forecasting Snapshot Dashboards Uncertainty 85

Sisense

OCTOBER 6, 2020

Most commonly, we think of data as numbers that show information such as sales figures, marketing data, payroll totals, financial statistics, and other data that can be counted and measured objectively. All descriptive statistics can be calculated using quantitative data. Digging into quantitative data. This is quantitative data.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. The AGI would need to handle uncertainty and make decisions with incomplete information. NLP techniques help them parse the nuances of human language, including grammar, syntax and context.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

The Unofficial Google Data Science Blog

APRIL 23, 2024

If $Y$ at that point is (statistically and practically) significantly better than our current operating point, and that point is deemed acceptable, we update the system parameters to this better value. Crucially, it takes into account the uncertainty inherent in our experiments. Figure 4: Visualization of a central composite design.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

datapine

SEPTEMBER 4, 2023

Table of Contents 1) The Benefits Of Data Visualization 2) Our Top 27 Best Data Visualizations 3) Interactive Data Visualization: What’s In It For Me? 4) Static vs. Animated Data Visualization Data is the new oil? ” – David McCandless Humans are visual creatures. This very notion is the core of visualization.

Interactive 264

Interactive Visualization Cost-Benefit Dashboards 264