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Business Analytics

Business Analytics abbreviated as BA it is the process of sorting, colliding, processing, and studying business data, and uses statistical models and iterative methodology to transform data into business insights.

small business

How Data Analytics Can Help in Small Business Growth

There’s a famous quote by Bill Gates, Founder of Microsoft. He says: “If your business is not on the Internet, soon your business will be out of business.” With these words, Bill...
Mean Square Error

Mean Square Error – Explained | What is Mean Square Error?

Contributed by: Swati Deval LinkedIn Profile: https://www.linkedin.com/in/swati-deval-71091a38/ In Statistics, Mean Square Error (MSE) is defined as Mean or Average of the square of the difference between actual and...

What is Data Mining? | Understanding Data Mining Applications, Definition and Types

In today’s fast-growing world, one of the most important and valuable objects is data. This data can come from many resources and some types of these collected data are unstructured and noisy.
Multivariate analysis

Overview of Multivariate Analysis | What is Multivariate Analysis and Model Building Process?

Introduction to Multivariate AnalysisHistory An OverviewAdvantages and DisadvantagesClassification Chart of Multivariate TechniquesMultivariate Analysis of Variance and CovarianceThe Objective of multivariate analysisModel Building ProcessModel AssumptionsSummary Contributed by: Harsha...

An Introduction to R – Square

Index What is R-squareAssessing Goodness-of-Fit in a Regression ModelR-squared and the Goodness-of-FitVisual Representation of R-squaredR-squared has LimitationsAre Low R-squared Values Always a Problem?Are High R-squared Values Always Great?R-squared...