Select Data Sources
Analyzing Statistical Results
Understanding Employee Sentiment Through Text
Foster Innovation using Data Analytics
Enhancing Operational Efficiency with BI
Protocols
Visualizing Customer Data
Building Models with Data Mining
Analyzing Statistical Results 
Analyzing statistical results is a critical aspect of business analytics that involves interpreting
data to make informed decisions
...Collect Data: Gather relevant data from various
sources, ensuring it is accurate and representative
...Select the Appropriate Statistical Method: Choose the right statistical techniques based on the data type and analysis objectives
...
Understanding Employee Sentiment Through Text 
of business analytics that focuses on understanding the feelings and attitudes of employees through the analysis of textual
data ...By leveraging text analytics, companies can derive meaningful insights from various
sources of employee feedback, including surveys, emails, and social media interactions
...Select Data Sources: Choose relevant sources of textual data for analysis
...
Foster Innovation using Data Analytics 
Data analytics plays a crucial role in fostering innovation within businesses
...It combines various data
sources, algorithms, and business rules to provide recommendations tailored to specific business scenarios
...Choose Analytical Tools
Select appropriate tools and technologies for data analysis
...
Enhancing Operational Efficiency with BI 
Intelligence (BI) encompasses a variety of tools, technologies, and practices used to collect, analyze, and present business
data ...Data Collection: Gather data from various
sources including internal databases, CRM systems, and external data sources
...Choose BI Tools:
Select appropriate BI tools that align with the organization's needs and budget
...
Protocols 
business analytics and machine learning, protocols refer to the established procedures and standards that govern the processes of
data collection, analysis, and interpretation
...Sampling Method Specify how samples will be
selected (e
...Data
Sources Identify the sources of data (e
...
Visualizing Customer Data 
Visualizing customer
data is a critical aspect of business analytics, enabling organizations to interpret complex datasets and make informed decisions
...Microsoft Power BI - Integrates with various data
sources and offers robust visualization capabilities
...Choose the Right Visualization:
Select the appropriate chart or graph type based on the data being presented
...
Building Models with Data Mining 
Data mining is a powerful tool used in the field of business analytics to extract valuable insights from large datasets
...Data Collection Gathering relevant data from various
sources such as databases, APIs, and web scraping
...Select Appropriate Techniques: Choose the right algorithms based on the nature of the data and the problem at hand
...
Utilize Predictive Analytics for Business Growth 
Predictive analytics is a branch of
data analytics that uses statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data
...These components include: Data Collection: Gathering historical data from various
sources ...Choose the Right Tools:
Select analytics tools that fit the organization’s needs and capabilities
...
How to Create Machine Learning Prototypes 
Machine learning (ML) has become an essential tool in business analytics, enabling organizations to glean insights from
data and make informed decisions
...Feature
selection: Identify and select the most relevant features for the model
...Document Your Work Maintain thorough documentation of your process, including data
sources, model parameters, and evaluation results
...
Performance Analytics 
It encompasses a range of methodologies and tools designed to assess performance metrics, helping organizations make
data-driven decisions to enhance efficiency and effectiveness
...components are essential to the practice of Performance Analytics: Data Collection: Gathering relevant data from various
sources such as financial reports, customer feedback, and operational metrics
...Choose Metrics:
Select KPIs that align with the organization's objectives and can be measured accurately
...
Eine Geschäftsidee ohne Eigenkaptial 
Wenn ohne Eigenkapital eine Geschäftsidee gestartet wird, ist die Planung besonders wichtig. Unter Eigenkapital zum Selbstständig machen versteht man die finanziellen Mittel zur Gründung eines Unternehmens. Wie macht man sich selbstständig ohne den Einsatz von Eigenkapital? Der Schritt in die Selbstständigkeit sollte gut überlegt sein ...