As technology progresses, communication between companies and customers went from physical interactions to different forms of media classifications such as printed ads and broadcasting through television and radio. Now, digital marketing has become the mainstream approach of promoting a company’s […]
According to Wikipedia, “R is a programming language and free software environment for statistical computing and graphics supported by the R Foundation for Statistical Computing. An article on the JEPS Bulletin provides expansive knowledge on using R, a software that is […]
Carl Anners, Analytics Consultant at Swisscom AG, set out to replace judgmental forecasting with statistical methods applied to time series data. Statistical forecasting is an alternative to forecasting based on judgement. It is thought to be more reliable and to […]
Data visualization, according to Tableau, is an image of data and information presented in a graphical form. It uses visual elements such as charts, graphs, and maps to present trends and patterns in data. Data visualization is a visual art […]
We are living in a “current” age. There is much talk about trends and a constantly or rapidly changing world. It is an age in which well-informed decision making is a key business activity. One of the things that have […]
Statistics are of monumental importance. They are used to analyze large bodies of collected data in order to break them down into simpler, more readily usable forms through charts and graphs and for drawing conclusions about larger populations from smaller […]
A McKinsey Global Institute study states that the US will face a shortage of about 190,000 data scientists and 1.5 million managers and analysts who can understand and make decisions using Big Data by 2018. The demand for analytics skills […]