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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. 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. What is the Paired Sample T Test? Use Case – 1.

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Smarten

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.

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What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

Smarten

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.

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What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis?

Smarten

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.

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How Do Super Rookies Start Learning Data Analysis?

FineReport

It can be used as a portal for data reporting, or as a platform for business analysis. And more importantly, the personal version of FineReport is completely free, which can support individuals to conduct self-service analysis. Alright, that ’s it for today ’s introduction of data analysis tools. Reporting of FineReport.

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Augmented Analytics Algorithms and Techniques: Learning for Citizen Data Scientists

Smarten

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.

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Financial Statements: Types, Examples, and Analysis

FineReport

This heightened clarity positions financial statements as a focal point for the management team, who place a greater emphasis on their analysis to gain profound insights into the company’s financial well-being. Note: All the reports in this article are created using the professional enterprise-level reporting software FineReport.