Remove Business Analysis Remove Measurement Remove Statistics
article thumbnail

Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

If you want to survive, it’s time to act.” – Capgemini and EMC² in their study Big & Fast Data: The Rise of Insight-Driven Business. The questions to ask when analyzing data will be the framework, the lens, that allows you to focus on specific aspects of your business reality. This quote might sound a little dramatic.

IT 317
article thumbnail

The Race For Data Quality in a Medallion Architecture

DataKitchen

Finally, data drift checks examine whether the statistical properties of the data have significantly shifted compared to historical baselines, which can help identify unexpected changes or trends that may affect data accuracy or stability. Documentation and analysis become natural outcomes, not barriers to progress.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Seize The Power Of Analytical Reports – Business Examples & Templates

datapine

An analytical report is a type of a business report that uses qualitative and quantitative company data to analyze as well as evaluate a business strategy or process while empowering employees to make data-driven decisions based on evidence and analytics. Next, we look at an analysis report sample in the health and wellbeing sector.

Reporting 245
article thumbnail

How To Find And Resolve Blind Spots In Your Data

Smart Data Collective

Fortunately, there are specialized software options that can discover the data your company has — dark or otherwise — and clean it so that you can eventually use the data to meet your business analysis goals. Get Rid of Blind Spots in Statistical Models With Machine Learning. Banishing Blind Spots Is Good for Business.

article thumbnail

The Difference Between Web Reporting And Web Analysis

Occam's Razor

." Words instead of data pukes is just a clue, read the words to discern if it actually is analysis or a repeation of what the table or graph already says! In the same vein not every output that is chock full of numbers in five size font, with pies and tables stuffed in for good measure, is a representation of web reporting.

Reporting 128
article thumbnail

What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

Smarten

For example, one might consider two groups of participants that are measured at two different “time points” or two groups that are subjected to two different “conditions” Paired T Test is used to evaluate the before and after of a situation, treatment, condition, etc. is the same in two related groups.

article thumbnail

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

Smarten

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. The Spearman’s Rank Correlation is a measure of correlation between two ranked (ordered) variables. About Smarten.