Elegant BI

OCTOBER 16, 2018

There are two basic types of decision tree analysis: Classification and Regression. 1) Classification Trees are used when the target variable is categorical and, as the name implies, are used to classify/divide the data into these predefined categories of a target variable. What is Decision Tree Analysis? Use Case – 1.

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Elegant BI

OCTOBER 16, 2018

This article provides a brief explanation of the SVM Classification method of analytics. What is SVM Classification Analysis? SVM Classifications are based on the idea of finding a hyper plane that best divides a dataset into predefined classes, as shown in the image below. Classification Accuracy (35+ 70) / (35+70+4+4) = 92%.

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Elegant BI

OCTOBER 17, 2018

In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. What is Binary Logistic Regression Classification? How is Binary Logistic Regression Classification Used in Analysis? But the p value for Age is >0.05 Use Case – 1. About Smarten.

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Elegant BI

OCTOBER 18, 2018

In this article, we will discuss the KNN Classification method of analysis. 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. Use Case – 1. About Smarten.

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Netbasequid

DECEMBER 21, 2022

You can quickly select new options to power these real-time results, save views and recalculate with a click, generating multiple analyses without losing your curated network. But we take you even deeper into category-creating discoveries, with bi-directional analyses. . How are people talking?   Who is talking?  

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Elegant BI

AUGUST 14, 2018

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? Use Case – 2. About Smarten.

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IT Business Edge

JULY 14, 2022

The extraction of meaningful information from Big Data is a key driver of business growth. For example, the analysis of current and past product and customer data can help organizations anticipate customer demand for new products and services and spot opportunities they might otherwise miss. billion in 2021 to $273.4 What is Snowflake?

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Elegant BI

JUNE 10, 2022

Why You Need Both BI Tools and Augmented Analytics and What to Consider When Selecting a Vendor. According to a West Monroe Partners’ survey, 68% of business and technology leaders surveyed don’t believe their competitors are leveraging data successfully. Predictive Modeling to support business needs, forecast, and test theories.

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Elegant BI

OCTOBER 18, 2018

This article will focus on the Naïve Bayes Classification method of analysis. What is Naïve Bayes Classification? Naive Bayes is a classification algorithm that is suitable for binary and multiclass classification. In supervised classification, training data are already labeled with a class. in diameter.

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Elegant BI

JULY 30, 2019

When you choose a BI tool that is appropriate for your business users, you may be focused on ease-of-use and on Citizen Data Scientist and data democratization and data literacy initiatives but, don’t forget your analysts, data scientists and IT team members! Business Intelligence and R Scripting Integration!

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Elegant BI

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools. Use Case(s): Weather Forecasting, Fraud Analysis and more.

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Elegant BI

MAY 21, 2018

R Script and BI Tools Combine for Greater Power and Flexibility! The BI tool I use integrates with R scripting so my team does not need programming support to achieve integration and everyone in our division can leverage the business intelligence tools and smart visualization features to analyze the R Script output.

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Elegant BI

AUGUST 16, 2016

Myth #6: You Need Data Scientists to Employ Predictive Analysis in Your Organization. In the sixth of this seven-article series, we will discuss the opportunities presented by Citizen Data Scientists and the common market myth that claims an enterprise must employ professional data scientists in order to engage in predictive analysis.

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Elegant BI

SEPTEMBER 7, 2016

This article series is entitled ‘Debunking Common Business Intelligence Myths’ The information presented in this, the seventh article of the series, summarizes the myths and cuts through the confusion to help you choose the right BI tool for your business and business users.

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Smart Data Collective

AUGUST 29, 2022

Did you know that 53% of companies use data analytics technology ? They are digging deeper into their data to improve efficiency, gain a competitive advantage, and further increase their profit. There are a number of ready-made BI solutions that allow you to group data. Top ML approaches to improve your analytics.

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Datapine Blog

MARCH 25, 2022

2) BI vs BA As Seen Through Football. 3) BI And BA Main Differences. 4) How Do BI And BA Apply To Business? 5) BI And BA Use-Case Scenarios. 6) BI And BA Examples. Your Chance: Want to extract the maximum potential out of your data? Try our professional BI and analytics software for 14 days free!

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Datapine Blog

MAY 17, 2021

1) What Is Data Discovery? 2) Why is Data Discovery So Popular? 3) Data Discovery Tools Attributes. 5) How To Perform Smart Data Discovery. 6) Data Discovery For The Modern Age. We live in a time where data is all around us. Being a data-driven organization starts with understanding your data.

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