Statistical Knowledge
Integrating Data Mining with Business Analytics
Reporting on Key Business Insights
Data Mining for Maximizing Return on Investment
The Power of Data Visualization
Engaging Presentations through Data Visualization
Visualization
Risk Assessment
Comprehensive Overview of Operational Data 
Data Mining The process of discovering patterns and
knowledge from large amounts of data
...Predictive Analytics Techniques that use
statistical algorithms and machine learning to identify the likelihood of future outcomes
...
Narratives 
Predictive Narratives: These forecast future trends based on historical data and
statistical modeling, helping organizations to anticipate changes
...create impactful narratives, consider the following best practices: Know Your Audience: Tailor the narrative to the
knowledge level and interests of the audience to ensure relevance and engagement
...
Integrating Data Mining with Business Analytics 
Overview Data mining refers to the process of discovering patterns and
knowledge from large amounts of data
...Business analytics, on the other hand, focuses on the
statistical analysis of data to inform business decisions
...
Reporting on Key Business Insights 
Statistical Analysis Software: Programs like R and SAS that provide advanced analytical capabilities
...reports, consider the following best practices: Know Your Audience: Tailor the report's content and complexity to the
knowledge level of the intended audience
...
Data Mining for Maximizing Return on Investment 
Data mining is the process of discovering patterns and
knowledge from large amounts of data
...Predictive Analytics Uses
statistical models and machine learning techniques to forecast future outcomes
...
The Power of Data Visualization 
Pie Chart A circular
statistical graphic divided into slices to illustrate numerical proportions
...visualization, it is essential to follow best practices, including: Know Your Audience: Tailor your visualizations to the
knowledge level and interests of your audience
...
Engaging Presentations through Data Visualization 
Pie Chart A circular
statistical graphic divided into slices to illustrate numerical proportions
...visualizations in presentations, consider the following best practices: Know Your Audience: Tailor your visualizations to the
knowledge level and interests of your audience
...
Visualization 
Pie Charts A circular
statistical graphic divided into slices to illustrate numerical proportions
...communicate data clearly, consider the following best practices: Know Your Audience: Tailor your visualizations to the
knowledge level and needs of your audience
...
Risk Assessment 
Quantitative Risk Assessment: This approach employs numerical data and
statistical methods to measure risk levels
...Management Strategic Planning References This article does not contain specific references but is based on general
knowledge of risk assessment practices and frameworks relevant to business analytics and data governance
...
Data Preprocessing 
Using
statistical methods like Z-scores or IQR
...Domain
Knowledge: Understanding the context of the data is crucial for effective preprocessing, requiring domain expertise
...
Nebenberuflich (nebenbei) selbstständig m. guten 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 ...