Question: Analytics that seek to determine what should be done The process of turning raw data into actionable insights that lead to good business decisions Data
Analytics that seek to determine what should be done
The process of turning raw data into actionable insights that lead to good business decisions
Data that has a clearly defined order and may or may not have numbers associated with it such as customer satisfaction rankings and employee rank
Data characterized by five Vs: volume, velocity, variety, veracity, and value
Data that is not organized into predefined categories
Analytics that help uncover the root cause of the current state
Analytics that seek to predict what will happen in the future
Data that represents things that have no numerical value such as customer name, state, and distribution channel
A collection of observations
The art and science of communicating quantitative information through visual presentations
Analytics that collect, analyze, learn, and adjust without human intervention
Data that is highly organized into predefined discreet categories, often contains labels, and is fairly easy to search and manipulate
Analytics that describe what has happened or is happening
Data that can be measured, counted, and aggregated such as sales revenue, number of customers, and cost of product
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