Big Data Metrics
Supervised Learning
Reports
Parameters
Business Statistics Overview
Statistical Analysis Techniques for Financial Decision-Making
Improve Project Management
Graphic Analysis
Statistical Applications 
Statistical applications play a crucial role in business analytics, enabling organizations to make informed decisions based on
data-driven insights
...Performance Measurement: Statistical techniques allow organizations to measure performance
metrics effectively, ensuring targets are met
...Some future trends include:
Big Data Analytics: The rise of big data presents new opportunities for statistical analysis, allowing businesses to derive insights from vast datasets
...
The Importance of User Training in BI 
refers to the technologies, applications, and practices for the collection, integration, analysis, and presentation of business
data ...Measure Training Effectiveness Implement
metrics to evaluate the effectiveness of training programs
...
Enhance Financial Planning with Insights 
It involves: Descriptive Analytics: Analyzing historical
data to understand trends and patterns
...Performance Measurement Analytics can provide deeper insights into performance measurement by tracking KPIs and financial
metrics over time
...
Supervised Learning 
It involves training a model on a labeled
dataset, where the input data is paired with the correct output
...Evaluation
Metrics: Criteria used to assess the performance of the model, such as accuracy, precision, recall, and F1 score
...Integration with
Big Data: Supervised learning techniques are being integrated with big data technologies to analyze vast amounts of information efficiently
...
Reports 
In the context of business analytics and
data mining, reports are structured documents that present data analysis results, insights, and recommendations derived from various data sources
...Performance Tracking: Regular reporting allows businesses to track performance against predefined
metrics and KPIs
...
Parameters 
context of business and business analytics, parameters refer to measurable factors or variables that are essential for analyzing
data and making informed decisions
...Relationship Management (CRM) Parameters such as customer satisfaction scores, net promoter scores (NPS), and engagement
metrics are essential for understanding customer behavior and enhancing relationships
...
Business Statistics Overview 
a branch of applied statistics that focuses on the collection, analysis, interpretation, presentation, and organization of
data in a business context
...Human Resources: Analyzing employee performance and satisfaction through surveys and performance
metrics ...
Statistical Analysis Techniques for Financial Decision-Making 
Statistical analysis techniques play a crucial role in financial decision-making by providing insights derived from
data ...Performance Measurement: Analyzing financial ratios and performance
metrics to assess the efficiency of business operations
...
Improve Project Management 
The Role of Business Analytics in Project Management Business analytics involves the use of
data analysis and statistical methods to inform decision-making
...1 Key
Metrics for Project Management Metric Description Importance Schedule Variance (SV) Measures the difference between planned and actual progress
...
Graphic Analysis 
Graphic Analysis is a subset of business analytics that utilizes visual representations of
data to facilitate understanding and interpretation
...Finance: Visualizing financial
metrics such as revenue, expenses, and profit margins
...
Nebenberuflich selbstständig Ideen
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...