Actual
Measuring Success with Text Analytics Metrics
Statistical Analysis for Product Performance
Financial Insights
Financial Forecasting
Summarizing Business Performance Metrics
Key Metrics for Analytics
Analyze Financial Data
Statistical Performance 
Information retrieval Recall Proportion of
actual positives that were identified correctly
...
Measuring Success with Text Analytics Metrics Metric Description Recall The ratio of true positive predictions to the total
actual positives
...
Statistical Analysis for Product Performance Chi-Square Test A test that measures how expectations compare to
actual observed data
...
Financial Insights Variance Analysis: Comparing
actual financial performance to budgeted figures to understand discrepancies
...
Financial Forecasting Review and Adjust: Regularly review the forecast against
actual performance and adjust as necessary
...
Summarizing Business Performance Metrics Produced / Time Period Utilization Rate Percentage of available resources being used (
Actual Output / Maximum Possible Output) × 100 Defect Rate Percentage of defective products produced (Number of Defects / Total Units
...
Key Metrics for Analytics Imbalanced classification problems Recall The ratio of true positive predictions to the total
actual positives
...
Analyze Financial Data Variance Analysis: Comparing
actual results to budgeted figures to understand discrepancies
...
Mixing and Mastering Workflow Strategies Pre-Mixing Preparation Effective mixing starts long before the
actual mixing process
...
Evaluating Sales Performance Metrics Frequency × Customer Lifespan Sales Conversion Rate The percentage of leads that convert into
actual sales
...
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