Smarten

JUNE 29, 2018

At 95% confidence level (5% chance of error): As p-value = 0.041 which is less than 0.05, there is a statistically significant difference between means of pre and post sample values. How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smarten

JUNE 29, 2018

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. Correlation is a statistical measure that indicates the extent to which two variables fluctuate together A positive correlation indicates the extent to which those variables increase or decrease in parallel. Use Case – 1.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. What is Multiple Linear Regression Analysis? Multiple Linear Regression is a statistical technique that is designed to explore the relationship between two or more variables (X, and Y). Use Case – 1.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

In this article, we discuss the analytical method known as frequent pattern mining, previously known as ‘association’ What is Frequent Pattern Mining? How Does Frequent Pattern Mining Support Business Analysis? This method of analysis can be useful in evaluating data for various business functions and industries.

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools. Use Case(s): Weather Forecasting, Fraud Analysis and more.

Analytics 40

Analytics Forecasting Statistics Sales 40

Smarten

FEBRUARY 11, 2019

Transform Your Culture with Analytics Translators and Citizen Data Scientists! As business becomes more competitive, as markets get tighter, there is a need to leverage and optimize your resources to the greatest extent possible. This role is known as an ‘ Analytics Translator ’.

Analytics 40

Analytics Prescriptive Analytics ROI Statistics 40

FineReport

JANUARY 5, 2022

Analytical information’s importance has created a fluctuation of data that companies can’t simply collect into a single spreadsheet. A company needs an analytical report to help them filter important data and create a comprehensive management report. Analytics reports. Overview of analytics report.

Reporting 52

Reporting Analytics Visualization Dashboards 52

FineReport

DECEMBER 19, 2019

It can be used as a portal for data reporting, or as a platform for business analysis. For newbies, a tool with low learning difficulty but powerful analytical performance cannot be better. And more importantly, the personal version of FineReport is completely free, which can support individuals to conduct self-service analysis.

Knowledge Discovery 98

Knowledge Discovery Visualization Data mining Reporting 98

Alation

OCTOBER 12, 2022

Companies collect and analyze vast amounts of data to make informed business decisions. From product development to customer satisfaction, nearly every aspect of a business uses data and analytics to measure success and define strategies. What Is the Role of Statistics in Quantitative Data Analysis?

Statistics 52

Statistics Sales Testing Marketing 52

Smarten

JUNE 26, 2018

It is used to determine whether there is a statistically significant association between the two categorical variables. This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. This analytical technique can be used for numerous purposes.

Testing 40

Testing Statistics IT Business Intelligence 40

FineReport

JUNE 14, 2022

How can I write a professional business report? Definition of Business Report. A business report is a formal document that objectively provides statistical data, summarizes historical facts, and sometimes offers reasonable recommendations for a company’s managers. Types of Business Reports.

Reporting 52

Reporting IT Sales Dashboards 52

Smarten

JUNE 27, 2018

How Can Outlier Detection Improve Business Analysis? The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

FineReport

JUNE 20, 2022

Evolved from dashboards in a car or an airplane, dashboards in business operations provide an at-a-glance view of the essential business information on a single screen for the business owners. Income analysis by FineReport. Dashboard Design Tips. Designing an effective dashboard is not as difficult as how you think.

Dashboards 52

Dashboards Metrics Visualization Sales 52

Occam's Razor

DECEMBER 3, 2008

Michael, politely, says in an email: "I have done web analytics for five years, I have mastered Omniture, WebTrends and Google Analytics, I provide analysis and not just reporting. I feel like am an Analytics God. 3) I am simply assuming you are good at tools and some technical stuff and some business stuff.

Analytics 115

Analytics Consulting Metrics Reporting 115

Occam's Razor

JANUARY 10, 2011

This post is a collection of six things I wish I knew before I started my career in decision support systems (of which web analytics is just the latest incarnation). The smallest part of my success, and yours, will come from having the prefect implementation of the Omniture Marketing Suite or Google Analytics. Get over it.

Analytics 121

Analytics Measurement Data-driven Optimization 121

Occam's Razor

APRIL 4, 2011

If that is your role, then the best you can do is make sure you have take the right screenshots out of Site Catalyst or Google Analytics, or charge an extra $15 an hour and dump the data into Excel and add a color to the table header. So what about web analysis? Also mere existence of statistics is not sufficient.

Reporting 128

Reporting Metrics Dashboards Statistics 128

Occam's Razor

MARCH 12, 2012

Is there anything in the analytics space that is so full of promise and hype and sexiness and possible awesomeness than "big data?" Clickstream + qualitative data + rigorous statistical analysis of outcomes + deep mining of data from competitive intelligence sources + rapid experiments + more. Your business savvy.

Big Data 128

Big Data Data-driven Unstructured Data Marketing 128

Jen Stirrup

JUNE 20, 2020

My analysis is based on the Financial statements put forward by PASS using some basic metrics; until you do that piece, you can’t move forward to compare and contrast it with other data since you have not done your ‘descriptive statistical analysis’ first to ensure that the comparison is valid.

Metrics 104

Metrics Business Analytics Data-driven Statistics 104

Occam's Razor

SEPTEMBER 21, 2015

We send out our multi-tab spreadsheets, our best Google Analytics custom reports , our great dashboards full of data , and more to the tactical layer of data clients. We ended up in a place with a lot more business analysis, and you had to work harder to develop a point of view on what to do. In fact 86.4% It is really 88%. : ).

Visualization 161

Visualization Key Performance Indicator Slice and Dice Strategy 161