ElegantJ BI

OCTOBER 18, 2018

To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). How Can Multiple Linear Regression Be Helpful for Business Analysis? Use Case – 1.

Business Analysis 130

Business Analysis Business Analysis Data Discovery Business Intelligence 130

The BAWorld

MARCH 11, 2024

Data Visualization: Master presenting complex data in easy-to-understand formats like charts and graphs using tools like Tableau or Power BI. The post Essential Technical Skills for Business Analysts in 2024 appeared first on Business Analysis Blog.

Skillset 90

Skillset Artificial Intelligence Cloud Computing Solution Evaluation 90

Business Analysis Knowledge Share

OCTOBER 18, 2023

Understanding the type of data, the sources of this data, and the technology to be employed is crucial. Also, the skills required to manage and interpret the data effectively should not be underestimated. Here is a comprehensive guide on data visualization that can serve as a resource for building foundational knowledge.

Data Visualization 89

Data Visualization Visualization Business Intelligence Business Intelligence 89

ElegantJ BI

OCTOBER 17, 2018

How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Let’s look at two use cases to better understand the benefit of this technique in business analysis. Therefore, the treatment was not effective.

Business Analysis 130

Business Analysis Business Analysis Data Discovery Logistics 130

ElegantJ BI

OCTOBER 17, 2018

How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Let’s look at two use cases to better understand the benefit of this technique in business analysis. Therefore, the treatment was not effective.

Business Analysis 130

Business Analysis Business Analysis Data Discovery Logistics 130

ElegantJ BI

OCTOBER 17, 2018

How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Let’s look at two use cases to better understand the benefit of this technique in business analysis. Therefore, the treatment was not effective. Use Case – 1.

Business Analysis 130

Business Analysis Business Analysis Data Discovery Logistics 130

ElegantJ BI

OCTOBER 17, 2018

How is Spearman’s Rank Correlation Useful for Business Analysis? Use Case – 1 Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. Original Post: What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

Business Analysis 130

Business Analysis Business Analysis Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

How is Spearman’s Rank Correlation Useful for Business Analysis? Use Case – 1 Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. Original Post: What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

Business Analysis 130

Business Analysis Business Analysis Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. Original Post: What is Spearman’s Rank Correlation and How is it Useful for Business Analysis? Use Case – 1.

Business Analysis 130

Business Analysis Business Analysis Data Discovery Business Intelligence 130

Business Analysis Knowledge Share

OCTOBER 6, 2023

Understanding the type of data, the sources of this data, and the technology to be employed is crucial. Also, the skills required to manage and interpret the data effectively should not be underestimated. Here is a comprehensive guide on data visualization that can serve as a resource for building foundational knowledge.

Data Visualization 75

Data Visualization Visualization Real-time Data Finance 75

The BAWorld

MARCH 29, 2024

This article delves into the five key skills for business analysts , offering guidance for those aiming to navigate the complexities of this evolving profession. Cloud Computing: Knowledge of cloud computing is critical as more businesses move towards cloud-based solutions for their flexibility, scalability, and cost efficiency.

Cloud Computing 52

Cloud Computing Artificial Intelligence Business Analysis Business Analysis 52

Analysts Corner

APRIL 30, 2023

What I did was something undigestible to me as well — I completed online courses in Excel, SQL, Python, Data Visualization, Data Analysis process, etc. I also had 2–3 interviews for a data analyst role but was not able to clear it. I opted for Udemy courses and learnt Tableau and Power BI.

Data Analytics 130

Data Analytics Data Analytics Skillset Data Visualization 130

The BAWorld

MARCH 15, 2024

Business Analytics Professional Data has always been central when it comes to business analytics professionals, Business analytics professionals focus on analyzing data to derive insights and support data-driven decision-making. Arguably, there is a debate about which language suits data analysis better.

Data Visualization 52

Data Visualization Artificial Intelligence Visualization Banking 52

Business Analysis Knowledge Share

NOVEMBER 10, 2023

Exploratory data analysis (EDA) For a financial institution, you have been tasked with exploring customer transaction data. ChatGPT can generate descriptive statistics, visualizations, and even provide hypotheses for further investigation, making your EDA process more efficient.

Data Analytics 66

Data Analytics Data Analytics Healthcare E-Commerce 66

The BAWorld

SEPTEMBER 22, 2021

Many of you must have an idea about Tableau being used for data visualization and to infer insights. TABLEAU revolutionized Business Intelligence and paved the way for intuitive Visual Data Analytics for everyone, regardless of their technical knowledge. But what is Business Intelligence and Analytics?

Data Visualization 52

Data Visualization Visualization Business Intelligence Business Intelligence 52

ElegantJ BI

AUGUST 8, 2021

If your business has designated you a Citizen Data Scientist, you may feel intimidated and unprepared to take on the role. You are probably a business professional with a lot of knowledge in your chosen career and area of focus and none in the field of data science or business analysis.

Planning 130

Planning Predictive Analytics Digital Transformation Data Visualization 130

ElegantJ BI

AUGUST 8, 2021

If your business has designated you a Citizen Data Scientist, you may feel intimidated and unprepared to take on the role. You are probably a business professional with a lot of knowledge in your chosen career and area of focus and none in the field of data science or business analysis.

Planning 130

Planning Predictive Analytics Digital Transformation Data Visualization 130

ElegantJ BI

JANUARY 9, 2019

What if your business users could leverage self-serve advanced analytics to see and use data in a way that made their jobs easier and made them more of an asset to the business? Assisted predictive modeling suggests techniques to analyze data that will result in the right outcome for the goals of the analysis.

Data Visualization 130

Data Visualization Visualization Business Analysis Business Analysis 130

ElegantJ BI

JANUARY 9, 2019

What if your business users could leverage self-serve advanced analytics to see and use data in a way that made their jobs easier and made them more of an asset to the business? Assisted predictive modeling suggests techniques to analyze data that will result in the right outcome for the goals of the analysis.

Data Visualization 130

Data Visualization Visualization Business Analysis Business Analysis 130

ElegantJ BI

JANUARY 9, 2019

What if your business users could leverage self-serve advanced analytics to see and use data in a way that made their jobs easier and made them more of an asset to the business? Assisted predictive modeling suggests techniques to analyze data that will result in the right outcome for the goals of the analysis.

Data Visualization 130

Data Visualization Visualization Business Analysis Business Analysis 130

Business Analysis Knowledge Share

SEPTEMBER 20, 2023

Business analysts (BAs) stand at the crossroads of technology and business, making sense of data to drive strategic decisions. What roles do they play, especially in the context of data analytics ? What is the primary focus of a Business Analyst? Using data visualization tools, they presented these findings.

E-Commerce 53

E-Commerce Logistics Retail Supply Chain 53

ElegantJ BI

SEPTEMBER 21, 2021

To have a better understanding of this algorithm, let’s look at one such analysis on loan eligibility to identify whether or not the amount is eligible for loan application based upon various influencing factors. H ow Can Generalized Linear Regression with Gaussian Distribution Be Helpful for Business Analysis ?

Data Discovery 130

Data Discovery Business Intelligence Business Intelligence Data Visualization 130

ElegantJ BI

SEPTEMBER 21, 2021

To have a better understanding of this algorithm, let’s look at one such analysis on loan eligibility to identify whether or not the amount is eligible for loan application based upon various influencing factors. H ow Can Generalized Linear Regression with Gaussian Distribution Be Helpful for Business Analysis ?

Data Discovery 130

Data Discovery Business Intelligence Business Intelligence Data Visualization 130

ElegantJ BI

SEPTEMBER 21, 2021

To have a better understanding of this algorithm, let’s look at one such analysis on loan eligibility to identify whether or not the amount is eligible for loan application based upon various influencing factors. How Can Random Forest Classification Be Helpful for Business Analysis? Business Use Case 1.

Data Discovery 130

Data Discovery Business Intelligence Business Intelligence Data Visualization 130

ElegantJ BI

SEPTEMBER 19, 2021

To further clarify the use of the Random Forest Classification model, let’s look at a sample customer churn analysis to predict the likelihood of customers to churn based upon important factors. How Can Random Forest Classification Be Helpful for Business Analysis? Business Use Case 1 Business Problem: Predict loan default.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

SEPTEMBER 19, 2021

To further clarify the use of the Random Forest Classification model, let’s look at a sample customer churn analysis to predict the likelihood of customers to churn based upon important factors. How Can Random Forest Classification Be Helpful for Business Analysis? Business Use Case 1.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

SEPTEMBER 19, 2021

To further clarify the use of the Random Forest Classification model, let’s look at a sample customer churn analysis to predict the likelihood of customers to churn based upon important factors. How Can Random Forest Classification Be Helpful for Business Analysis? Business Use Case 1.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

SEPTEMBER 9, 2021

In order to get a comprehensive understanding of Isotonic Regression, let’s look at a sample analysis to determine a student’s chance of admission based upon various academic scores. How Can Isotonic Regression Be Helpful for Business Analysis? If we consider the use cases below, we can see the value of Isotonic Regression.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

SEPTEMBER 9, 2021

In order to get a comprehensive understanding of Isotonic Regression, let’s look at a sample analysis to determine a student’s chance of admission based upon various academic scores. How Can Isotonic Regression Be Helpful for Business Analysis? If we consider the use cases below, we can see the value of Isotonic Regression.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

SEPTEMBER 9, 2021

In order to get a comprehensive understanding of Isotonic Regression, let’s look at a sample analysis to determine a student’s chance of admission based upon various academic scores. How Can Isotonic Regression Be Helpful for Business Analysis? If we consider the use cases below, we can see the value of Isotonic Regression.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

The BAWorld

JANUARY 25, 2021

Data Visualization. Now you are all set to visualize your data to see if there are any relevant relationships between different features or variables that can be beneficial for you. For data visualization purposes, commonly used libraries like matplotlib and seaborn in Python, ggplot2 in R are quite useful.

Logistics 90

Logistics Data Visualization Artificial Intelligence Visualization 90

Analysts Corner

MARCH 12, 2023

This lets us share some nice discount codes for those of you who plan to participate — see below, and enjoy the reading ;) — yours, Igor [link] Conference: Product Ownership and Business Analysis — Where does one stop and the other start, or does it? > Keep reading… 6) Which industry has the highest demand for a Business Analyst?

Agile 130

Agile Data Analytics Data Analytics Skillset 130

The BAWorld

OCTOBER 19, 2021

Why is it important to tell a story using data? Visuals to convey key insights to business users is essential while using data analytics to drive business decisions or make changes. But just using fragmented visuals will not make an impact and show the complete picture. Choose Appropriate Visuals.

Visualization 52

Visualization Data Visualization Finance Retail 52

The BAWorld

AUGUST 10, 2021

Tableau is currently one of the most powerful and fastest-growing business intelligence and visual analytics platforms in the industry. Tableau is helping users transform any variety of data into actionable insights that are changing the way businesses are operating. Tableau Certification Benefits.

Banking 52

Banking Visualization Project Management Finance 52

The BAWorld

APRIL 7, 2021

Business data analytics is an emerging field. Business analysts can upskill to play an important role in Data Science projects. Certification in Business Data Analytics (CBDA) by IIBA (International Institute of Business Analysis) is a great way to upskill yourself. Exam pattern.

Data Analytics 52

Data Analytics Data Analytics Data Visualization Visualization 52

The BAWorld

DECEMBER 13, 2021

Once the data scientist provides insights – a process of identifying customers who will churn – business analysts use specific tools and business analyst skills to assess the insights from the business perspective, market trends, anomalies, and other key business interests. Business Analyst Skills.

Artificial Intelligence 87

Artificial Intelligence Documentation Visualization Vision 87

The BAWorld

FEBRUARY 4, 2021

Business data analytics is an area of study that targets effective business decision-making as opposed to using the rigorous technical know-how through which data is analyzed. Strong visualization skills are also important to communicate data-driven insights and change recommendations to stakeholders in a simple language.

Data Analytics 98

Data Analytics Data Analytics Visualization Data Mining 98