Scatter Plot
A type of data visualization that uses dots to represent values for two different numeric variables, plotted along two axes.
208 topics found for
“data analysis”
Data Science
An interdisciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data.
Factor Analysis
A statistical method used to identify underlying relationships between variables by grouping them into factors.
Data Analytics
The practice of measuring and analyzing data about digital product adoption, usage, and performance to inform business decisions.
Berkson’s Paradox
A statistical phenomenon where two independent events appear to be correlated due to a selection bias.
Look Elsewhere Effect
A statistical phenomenon where a large number of hypotheses are tested, increasing the chance of a rare event being observed.
Normal Distribution
A statistical distribution where most occurrences take place near the mean, and fewer occurrences happen as you move further from the mean, forming a bell curve.
Descriptive Analytics
The interpretation of historical data to identify trends and patterns.
BI
Business Intelligence (BI) encompasses technologies, applications, and practices for the collection, integration, analysis, and presentation of business information.