Descriptive Analytics, IoT and Statistics

Beyond the hype: Do you really need an LLM for your data?

CIO Business Intelligence

FEBRUARY 6, 2025

In life sciences, simple statistical software can analyze patient data. These traditional tools are often more than sufficient for addressing the bread-and-butter analytics needs of most businesses. While this process is complex and data-intensive, it relies on structured data and established statistical methods.

Unstructured Data

Unstructured Data Manufacturing Data Governance Sales

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

OCTOBER 6, 2023

What is the point of those obvious statistical inferences? In statistical terms, the joint probability of event Y and condition X co-occurring, designated P(X,Y), is essentially the probability P(Y) of event Y occurring. How do predictive and prescriptive analytics fit into this statistical framework? Pay attention!

Business Analytics

Business Analytics Prescriptive Analytics Analytics Statistics

Data Leaders Brief

Beyond the hype: Do you really need an LLM for your data?

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Webinars

Stay Connected