Clustering Illusion
A cognitive bias where people see patterns in random data.
160 topics found for
“data organization”
Business Analytics
The process of using statistical analysis and modeling to explore and interpret business data to make informed decisions.
Predictive Analytics
The use of statistical techniques and algorithms to analyze historical data and make predictions about future outcomes.
Prescriptive Analytics
The use of data, algorithms, and machine learning to recommend actions that can achieve desired outcomes.
Taxonomy
The practice and science of classification, often used to organize content and information.
360-Degree Customer View
A comprehensive view of a customer that includes data from all interactions and touchpoints across the customer journey.
Clickstream Analysis
The process of collecting, analyzing, and reporting aggregate data about which pages a website visitor visits and in what order.
DMAIC
Define, Measure, Analyze, Improve, and Control (DMAIC) is a data-driven improvement cycle used in Six Sigma.
Six Sigma
A data-driven methodology aimed at improving processes by identifying and removing defects, and reducing variability.