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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. 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. About Smarten.

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What is Outlier Analysis and How Can It Improve Analysis?

Elegant BI

This article presents a brief explanation of Outliers, and how this type of analysis is used. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

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

Elegant BI

This article provides a brief explanation of the ARIMA method of analytical forecasting. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

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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. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

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What is SVM Classification Analysis and How Can It Benefit Business Analytics?

Elegant BI

This article provides a brief explanation of the SVM Classification method of analytics. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

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What Are Simple Random Sampling and Stratified Random Sampling Analytical Techniques?

Elegant BI

This article discusses the analytical technique known as Sampling and provides a brief explanation of two types of sampling analysis, and how each of these methods is applied. What is Sampling Analysis? About Smarten.

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What is FP Growth Analysis and How Can a Business Use Frequent Pattern Mining to Analyze Data?

Elegant BI

This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions. What is the FP Growth Algorithm?