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What is the KMeans Clustering Algorithm and How Does an Enterprise Use it to Analyze Data?

Elegant BI

This article provides a brief explanation of the KMeans Clustering algorithm. What is the KMeans Clustering algorithm? Once the algorithm has been run and the groups are defined, any new data can be easily assigned to the correct group. How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data?

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What is the Multinomial-Logistic Regression Classification Algorithm and How Does One Use it for Analysis?

Elegant BI

This article provides a brief definition of the multinomial-logistic regression classification algorithm and its uses and benefits. What is the Multinomial-Logistic Regression Classification Algorithm? How Does One Use the Multinomial-Logistic Regression Classification Algorithm? About Smarten.

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What is KNN Classification and How Can This Analysis Help an Enterprise?

Elegant BI

What is the KNN Classification Algorithm? The KNN (K Nearest Neighbors) algorithm analyzes all available data points and classifies this data, then classifies new cases based on these established categories. In this article, we will discuss the KNN Classification method of analysis. About Smarten.

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What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Elegant BI

This dataset is suitable for the ARIMAX algorithm because there is more than one variable affecting the GDP – in other words, the dataset is multivariate. 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.

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What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

Elegant BI

The ARIMA algorithm would be a suitable method for forecasting analysis because the data exhibits non-stationarity, and trend. 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.

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What Are Data Trends and Patterns, and How Do They Impact Business Decisions?

Elegant BI

If a business wishes to produce clear, accurate results, it must choose the algorithm and technique that is the most appropriate for a particular type of data and analysis. Every dataset is unique, and the identification of trends and patterns in the underlying the data is important.

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What is Naïve Bayes Classification and How is it Used for Enterprise Analysis?

Elegant BI

Naive Bayes is a classification algorithm that is suitable for binary and multiclass classification. The Naive Bayes is a classification algorithm that is suitable for binary and multiclass classification. This article will focus on the Naïve Bayes Classification method of analysis. What is Naïve Bayes Classification?