Simplilearn

MAY 27, 2022

Normality is one of the major concepts in statistics used for various statistical calculations. The normal distribution is the most common statistical distribution because ap. Normality Test helps one to determine whether a data is following a normal distribution or not. Read More.

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Simplilearn

NOVEMBER 8, 2023

Statistics is a fundamental pillar for extracting meaningful insights from complex datasets. It makes acquiring inferences from enormous amounts of data easier. Dealing day and night with data, data scientists need powerful tools and methodologies that would ease the work while performing accurate analysis. Read More.

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Simplilearn

NOVEMBER 2, 2023

Data science and statistics are an important part of today’s growth. The combination of the two has driven the world to tremendous advancement and ease. Though they are two different fields, they are often used interchangeably among the users. Read More.

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Dataversity

APRIL 7, 2022

Data Science and statistics both benefit from transparency, openness to alternative interpretations of data, and acknowledging uncertainty. The post Data Science: How to Shift Toward More Transparency in Statistical Practice appeared first on DATAVERSITY.

Data Visualization 204

Data Visualization Visualization 204

Simplilearn

OCTOBER 20, 2022

Statistical modeling is an elaborate method of generating sample data and making real-world predictions using numerous statistical models and explicit assumptions. A mathematical link exists between random and non-random variables in this process.

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Simplilearn

JANUARY 3, 2021

And data mining and statistics are fields that work towards this goal. Statistics form the core portion of data mining, which cover. Jean-Paul Benzeeri says, “Data Analysis is a tool for extracting the jewel of truth from the slurry of data. While they may overlap, they are two very different techniques that require different skills.

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Data Mining 246

Analysts Corner

AUGUST 20, 2023

Leveraging Data, Statistics, and Probability in Business Analytics: A Modern Approach for Transforming Information into Actionable Insights In the age of information, businesses have access to more data than ever before. Data Processing and Cleaning Before diving into statistical analysis, data often needs to be cleaned and processed.

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Supply Chain Retail Predictive Analytics Artificial Intelligence 130

Analysts Corner

FEBRUARY 5, 2023

This story shows some interesting statistics related to the generation of data, its volume and growth. Also, we have some interesting statistics regarding the analysis and usage of data. Data generation, volume, and growth statistics Between the dawn of time and 2003, 5 exabytes of data had been created at Google.

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Big Data IBM Maintenance IBM cost Data Quality 130

Simplilearn

APRIL 21, 2022

Statistical Analysis System (SAS) is one of the most advanced software systems for report writing and data analysis. You can retrieve these data values, modify them, compute complex or straightforward statistical analysis, and create reports. In simple terms, SAS is a group of programs designed to work together and store data values.

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Smart Data Collective

SEPTEMBER 22, 2021

In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021. Cyber fraud statistics and preventions that every internet business needs to know to prevent data breaches in 2021. One bad breach and you are potentially risking your business in the hands of hackers.

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E-Commerce Banking Cybersecurity Innovation 269

Simplilearn

OCTOBER 4, 2021

Process capability analysis is a major concept and a must study for professionals looking forward having a firm knowledge on Minitab with Statistics. Minitab is a popular tool that allows one to perform various statistical calculations such as normality test, process capability analysis and so on. Read More.

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Simplilearn

MARCH 10, 2023

Knowing how to work with statistics is essential if you are pursuing a career in data science. But have you ever taken a moment and considered what statistics genuinely are? To the average person, statistics are just a series of numbers and other random information that clever people use to prove their point. Read More.

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Simplilearn

NOVEMBER 18, 2021

Statistical analysis is a scientific tool that helps collect and analyze large amounts of data to identify common patterns and trends to convert them into meaningful information. In simple words, statistical analysis is a data analysis tool that helps draw meaningful conclusions from raw and unstructured data. Read More.

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The BAWorld

AUGUST 23, 2021

Statistics. Statistics is a form of mathematical analysis of data leading to reasonable conclusions from data. Let us look at some common terms used in statistics before we jump into different types of statistical analysis. Common Terms used in Statistics. Common Terms used in Statistics. Types of Data.

Data Visualization 96

Data Visualization Visualization Business Analysis Business Analysis 96

Simplilearn

OCTOBER 14, 2022

Statistics is at the heart of data analytics. Statistical techniques can be categorized as Descriptive Statistics and Inferential Statistics. In this post, we explore the differences in descriptive vs. inferential statistics, how they impact the fi.

Data Analytics 100

Data Analytics Data Analytics 100

Simplilearn

MAY 22, 2023

Through this free class, you’ll learn a basic concept of the statistics. You’ll get a first-hand look at a great way to join the ranks of the world’s leading data science professionals. Read More.

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Simplilearn

JULY 29, 2022

MiniTab is data analysis, statistical and process improvement software tool used by organizations worldwide to improve quality and reduce costs. MiniTab tools are used by Six Sigma practitioners, quality engineers, and statisticians to help solve real-world problems. In this blog post, we'll discuss what is MiniTab software and its features.

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Simplilearn

MAY 17, 2021

Anyone who has ever been in a room with an interviewer knows that the pressure to perform can be mind-boggling. Add to it the uncertainties of a global pandemic and the escalating unemployment rate (6.471% as of 2020). With the recruitment rules being rewritten, job interviews are more stressful than ever. At the same time, the pandemic has opened.

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Simplilearn

APRIL 26, 2023

Today’s manufacturers face more significant challenges than ever, with increasing competition and decreasing natural resources. It’s a time of political uncertainty, raging pandemics, and escalating costs, with no end in sight. That’s why manufacturing companies that want to survive and thrive need to embrace resources that give them a degree.

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Astera

OCTOBER 20, 2022

From a logical and statistical perspective, the latter category makes better choices that help their organizations develop and grow. Here are some data statistics to put things into perspective: The total enterprise data volume is expected to reach 02 petabytes by the end of 2022 , which represents a 42.2 Cloud Data Statistics.

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Cloud Computing Healthcare Big Data Data Management 52

ElegantJ BI

AUGUST 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 a graphic depiction of the measured data.

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Data Discovery Business Intelligence Business Intelligence Data Visualization 130

ElegantJ BI

AUGUST 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 a graphic depiction of the measured data.

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Data Discovery Business Intelligence Business Intelligence Data Visualization 130

Analysts Corner

DECEMBER 29, 2023

Introduction Continue reading on Analyst’s corner »

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Pestle Analysis

JUNE 1, 2021

Statistics and Infographics are essential for an easy understanding of complex data. It is hard to imagine the presentation of information without the use of graphic means.

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QAT Global

SEPTEMBER 30, 2022

Software Developers: 6 Statistics You Need to Know Now A peak inside the profession The 10 hottest developer jobs of 2022 1. The post Software Developers: 2022 Statistics You Need to Know appeared first on QAT Global. Information Security Engineer 2. Full Stack Engineer 3. Data Scientist 4. Machine Learning Engineer 5.

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Timo Elliott

APRIL 9, 2024

Elon Musk tweeted out my statistics cartoon yesterday. And the phrase is not mine: variations have been around at least since I studied statistics at university a long time ago, and I think Hannah Fry coined this excellent version). Looking for more cartoons about data and statistics? Try here

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Simplilearn

MARCH 20, 2024

Black Belt-certified professionals are skilled in project management, statistical. It combines the principles of Lean and Six Sigma to help organizations eliminate waste, reduce defects, and improve overall efficiency. Read More.

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Project Management 229

Simplilearn

FEBRUARY 21, 2024

If you are that tech wizard who collects data and highlights valuable insights through analytical, programming, and statistical skills, you are in demand, more than you’ve probably imagined! Data scientist's roles are stealing the spotlight in the global business era. Have you ever wondered why? It's a game of unparalleled versatility!

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Analysts Corner

FEBRUARY 12, 2024

> Keep reading… Data science and Statistics Unveiling Logistic Regression: A Vital Tool for Classification in Machine Learning using Python, by Nilimesh Halder, PhD In the realm of Machine Learning (ML), Logistic Regression stands as a fundamental classification algorithm.

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Logistics Artificial Intelligence Business Analysis Business Analysis 228

Simplilearn

FEBRUARY 21, 2024

It has transformed from the traditional systems capable of imitation and statistical processing to the relatively rec. Therefore, by the end of 2024, NLP will have diverse methods to recognize and understand natural language. Read More.

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Artificial Intelligence 217

Simplilearn

NOVEMBER 18, 2022

Statistical Process Control or SPC is a statistical method of using the data generated by a process to control and improve it continually. A statistical process control system (SPC) is a. Every process is designed to generate output - either a product or a service. In addition to this, processes generate a lot of data as well.

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Monday

APRIL 6, 2021

Here at monday.com, we’ve put together a breath of fresh air for you: hard project management statistics. Without further ado: the ultimate list of project management statistics for 2021. As we start 2021, the project management statistics reveal a vibrant, growing set of practices — but one that still has a long way to go.

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Project Management Portfolio Management Innovation Artificial Intelligence 59

Dataversity

APRIL 26, 2024

Here is my blog post on that topic in simple words with minimal statistical terms. I am often asked about the role of intercepts in linear regression models – especially the negative intercepts. Regression models are used to make predictions.

Data Analytics 147

Data Analytics Data Analytics 147

Userzoom

FEBRUARY 20, 2018

Demystifying some of the common questions we get on statistics. As part of this process we often talk to our clients about the statistics they can run on the data collected in UserZoom and what insights they can infer. Some typical questions we get asked are: what does statistical significance mean? What is a p-value?

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User Experience 72

Simplilearn

NOVEMBER 11, 2023

Business analytics involves the use of data analysis and statistical techniques to extract actionable insights from data, enabling organizations to make informed decisions, improve processes, and drive better business outcomes. Read More.

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Dataversity

AUGUST 30, 2023

Bureau of Labor Statistics (2021) projects a 22% growth […] The post 10 Highest-Paying Data Analytics Jobs in 2023 appeared first on DATAVERSITY. Consequently, the demand for data analytics jobs is expected to surge in the near future, with a significant need for data science practitioners worldwide.

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Data Analytics Data Analytics 262

Analysts Corner

APRIL 6, 2024

Introduction - Overview of regression in statistics - Importance and applications across different fields - Brief overview of what the article will cover

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Logistics 130