Remove Data Discovery Remove Retail Remove Workshop
article thumbnail

What is the Decision Tree Analysis and How Does it Help a Business to Analyze Data?

ElegantJ BI

Since the target variable wine quality contains categorical values (high and low), the classification method will be applicable, as the predictors will be classifying the data into high and low. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.

Banking 130
article thumbnail

What is the Decision Tree Analysis and How Does it Help a Business to Analyze Data?

ElegantJ BI

Since the target variable wine quality contains categorical values (high and low), the classification method will be applicable, as the predictors will be classifying the data into high and low. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.

Banking 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is the Chi Square Test of Association and How Can it be Used for Analysis?

ElegantJ BI

Use Case – 1 Business Problem: A retail store marketing manager wants to know if there is a significant association between the geography of a customer and his/her brand preferences. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.

article thumbnail

What is the Chi Square Test of Association and How Can it be Used for Analysis?

ElegantJ BI

Use Case – 1 Business Problem: A retail store marketing manager wants to know if there is a significant association between the geography of a customer and his/her brand preferences. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.

article thumbnail

What is FP Growth Analysis and How Can a Business Use Frequent Pattern Mining to Analyze Data?

ElegantJ BI

How Does a Business Use the FP Growth method of Frequent Pattern Mining to Analyze Data? Use Case – 1 Business Problem: A retail store manager wants to conduct Market Basket analysis to come up with better strategy of products placement and product bundling.

Banking 130
article thumbnail

What is FP Growth Analysis and How Can a Business Use Frequent Pattern Mining to Analyze Data?

ElegantJ BI

How Does a Business Use the FP Growth method of Frequent Pattern Mining to Analyze Data? Use Case – 1 Business Problem: A retail store manager wants to conduct Market Basket analysis to come up with better strategy of products placement and product bundling.

Banking 130
article thumbnail

What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis?

ElegantJ BI

Use Case – 1 Business Problem: A retail store manager wants to conduct Market Basket analysis to come up with a better strategy of product placement and product bundling. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.