Analytics
The systematic computational analysis of data or statistics to understand and improve business performance.
55 topics found for
“data interpretation”
Pattern Recognition
The ability to identify and interpret patterns in data, often used in machine learning and cognitive psychology.
Clustering Illusion
A cognitive bias where people see patterns in random data.
Mapping
The process of creating visual representations of data or information to enhance understanding and decision-making.
Factor Analysis
A statistical method used to identify underlying relationships between variables by grouping them into factors.
Descriptive Analytics
The interpretation of historical data to identify trends and patterns.
Scatter Plot
A type of data visualization that uses dots to represent values for two different numeric variables, plotted along two axes.
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.
Vanity Metrics
Metrics that may look impressive but do not provide meaningful insights into the success or performance of a product or business, such as total page views or social media likes.