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Beyond visuals: Analytics is about more than examining data

What comes to mind when you hear the word "analytics"? Maybe you picture a few graphs or charts depicting the last quarter's revenue with a nice blue arrow pointing "up." If so, you're not alone - many believe that analytics only involves data visualization,...

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Business analysts are the new data scientists

The data now available to companies, coupled with advanced technology and business software, enables business analysts to perform the tasks of data scientists. Individuals can gain insight into everything from sales and marketing to production or shipping...

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Monte Carlo 101: Understanding Monte Carlo simulation and risk analysis

With today's tools, there's no reason to gamble on business decisions.  Before making a decision involving uncertainty, managers and executives can – and should – insist that risks are quantified and explored.

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Big data vs. a lot of data

These days, nearly everyone in business has heard about “big data”.  It’s one of the hottest topics in high tech, and many companies are spending big money on “big data solutions”.  But is it for you?

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