Business Analysis IT Predictive Modeling 
Smarten
JUNE 29, 2018
This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. Use Case – 1.
Smarten
JUNE 29, 2018
What is Multiple Linear Regression Analysis? To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). How Can Multiple Linear Regression Be Helpful for Business Analysis? Use Case – 1.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Smarten
JUNE 29, 2018
How Does Frequent Pattern Mining Support Business Analysis? This method of analysis can be useful in evaluating data for various business functions and industries. Basket Data Analysis – To analyze the association of purchased items in a single basket or single purchase. So, Support (x -> y)= no.
Smarten
JUNE 29, 2018
How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Let’s look at two use cases to better understand the benefit of this technique in business analysis. Therefore, the treatment was not effective. Use Case – 1.
Smarten
FEBRUARY 6, 2025
To understand how this benefits the development team and the business, it is important to understand how low code platform works. Examples of low code and no code business innovation include Amazon, Google, Apple, Akkio, DataRobot, and Microsoft. Analytics with business intelligence and low code no code go hand-in-hand.
Smarten
JANUARY 17, 2020
As one of its Strategic Assumptions, Gartner predicted that ‘By 2020, more than 40% of data science tasks will be automated, resulting in increased productivity and broader usage by citizen data scientists.’ Look for Self-Serve Data Preparation , Smart Data Visualization , and Assisted Predictive Modeling.
Smarten
JUNE 27, 2018
How Can Outlier Detection Improve Business Analysis? That focus will help the business to select the right method of analysis, graphing or plotting to reveal the results they need to see and understand. If you look at the Histogram below, you will see that one value lies far to the left of all other data.
Expert insights. Personalized for you.
40 
Let's personalize your content