Statistical Models
Data Applications
Utilities
Visual Analytics
Resource Optimization
Characteristics
Strategy
Using Text Analytics to Improve Product Quality
Analyzing Textual Feedback 
Popular techniques include: Latent Dirichlet Allocation (LDA): A generative
statistical model that allows sets of observations to be explained by unobserved groups
...MonkeyLearn No-code platform for text analysis that allows users to create custom
models for classification and extraction
...
Supporting Strategic Alignment with Analytics 
Predictive Analytics: Uses
statistical models to forecast future outcomes based on historical data
...
Data Applications 
Predictive Analytics Uses
statistical models and machine learning techniques to forecast future outcomes
...
Utilities 
Predictive Analytics Uses
statistical models and machine learning to forecast future outcomes
...
Visual Analytics 
Analytical
Models: Algorithms and
statistical methods used to derive insights from data, often powered by machine learning
...
Resource Optimization 
Model Development: Creating predictive
models using
statistical and machine learning techniques
...
Characteristics 
Regression A
statistical method used to predict continuous values based on the relationship between variables
...understanding the effectiveness of data mining: Predictive Modeling: Data mining enables organizations to create predictive
models that forecast future trends based on historical data
...
Strategy 
Data Analysis: Utilizing
statistical models and algorithms to analyze data
...
Using Text Analytics to Improve Product Quality 
Overview of Text Analytics Text analytics utilizes natural language processing (NLP), machine learning, and
statistical methods to analyze textual data
...Regularly update
models and algorithms to reflect changing trends
...
Data 
Predictive Analytics: Using
statistical models and machine learning techniques to forecast future outcomes based on historical data
...
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