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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 157
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Accomplish Agile Business Intelligence & Analytics For Your Business

datapine

The term “agile” was originally conceived in 2011 as a software development methodology. 17 software developers met to discuss lightweight development methods and subsequently produced the following manifesto : Manifesto for Agile Software Development: Individuals and interactions over processes and tools.

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How To Suck At Social Media: An Indispensable Guide For Businesses

Occam's Razor

Success Metrics. In my Oct 2011 post, Best Social Media Metrics , I'd created four metrics to quantify this value. "So what if no one interacted with your Twitter feed, at least they saw it!" It can be a brand metric, say Likelihood to Recommend. (You'll see examples below.).

B2B 167
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Big Data Paves The Way For Fantastic New Social Listening Tools

Smart Data Collective

The majority of consumers who have good interaction with a brand on social networks are more likely to recommend that brand to others. For example, it hones in on metrics in social media like retweets, engagement rates, mention, and story completions. The Complex Role Between Big Data and Social Listening Tools.

Big Data 100
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The Role of Cookies in Analytics and Privacy Issues they Raise

Smart Data Collective

It is important to be aware of the different online data analytics metrics and tools used to track people online, since they shape the direction of big data technology. Cookies were designed as a storage of information; by themselves, they represent no harm and can’t interact with the user’s computer. Why can cookies be dangerous?

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Deep Learning Illustrated: Building Natural Language Processing Models

Domino Data Lab

Instead, we recommend using the bokeh library to create a highly interactive—and actionable—plot, as with the code provided in Example 11.11. Interactive bokeh plot of two-dimensional word-vector data. Interactive bokeh plot of two-dimensional word-vector data. produces the interactive scatterplot in Figure 11.9

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Fact-based Decision-making

Peter James Thomas

Pertinence and fidelity of metrics developed from Data. Metrics are seldom reliant on just one data element, but are often rather combinations. There are often compromises to be made in defining metrics. Again see Using BI to drive improvements in data quality for further details. Some of these are based on the data available.

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