Establish a Solid Foundation for Advanced Analytics

Aug 17, 2018

As advanced analytics and self-serve, augmented analytical tools make their way into the average enterprise, the average organization struggles to quantify the effects and, moreover, to understand and leverage the changes within the business. Every company is different and the … Continued

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

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Aug 14, 2018

This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. What is the FP Growth Algorithm? Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible … Continued

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

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Aug 14, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series … Continued

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

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Aug 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? Logistic regression measures the relationship between the categorical target variable and one or more independent variables … Continued

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

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Aug 10, 2018

This article provides a brief explanation of the KMeans Clustering algorithm. What is the KMeans Clustering algorithm? The KMeans Clustering algorithm is a process by which objects are classified into number of groups so that they are as much dissimilar … Continued

What is Descriptive Statistics and How Do You Choose the Right One for Enterprise Analysis?

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Aug 10, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. What is a Descriptive Statistics? Descriptive statistics helps users to describe and understand the features of a specific dataset, by providing short summaries and … Continued

What is the Holt-Winters Forecasting Algorithm and How Can it be Used for Enterprise Analysis?

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Aug 10, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. What is the Holt-Winters Forecasting Algorithm? The Holt-Winters algorithm is used for forecasting and It is a time-series forecasting method. Time series … Continued

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