Statistical Models
Analyzing Text Data for Improved Decision Making
Finding Value in Data Analysis
Insight Analytics
Enhancing Supply Chain Management
Big Data Solutions for Fraud Detection
Predictive Analytics for Healthcare Improvement
Insight Development
Evaluate Business Opportunities with Analytics 
It involves the use of
statistical analysis, predictive modeling, and data mining to analyze and interpret data
...Predictive Analytics: Uses statistical
models and machine learning techniques to forecast future outcomes based on historical data
...
Strategies for Text Mining in Business 
Tf-idf (Term Frequency-Inverse Document Frequency) A
statistical measure that evaluates the importance of a word in a document relative to a collection of documents
...Some popular
models include: Supervised Learning Models: Algorithms like Support Vector Machines (SVM) and Random Forests that require labeled data for training
...
Analyzing Text Data for Improved Decision Making 
Overview of Text Analytics Text analytics involves the use of natural language processing (NLP), machine learning, and
statistical methods to convert unstructured text into structured data that can be analyzed
...Data Analysis: Applying algorithms and
models to extract relevant information and patterns from the text
...
Finding Value in Data Analysis 
Overview of Data Analysis Data analysis involves systematically applying
statistical and logical techniques to describe, summarize, and compare data
...Predictive Analysis: Uses statistical
models and machine learning techniques to forecast future outcomes
...
Insight Analytics 
Predictive Analytics Uses
statistical models and machine learning techniques to forecast future outcomes based on historical data
...
Enhancing Supply Chain Management 
Predictive Analytics in Supply Chain Management Predictive analytics enhances supply chain management by leveraging
statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data
...Key applications include: Risk Assessment: Predictive
models can forecast potential disruptions in the supply chain
...
Big Data Solutions for Fraud Detection 
Data Analysis: Using machine learning algorithms and
statistical methods to identify patterns and anomalies
...Building predictive
models to assess the likelihood of fraud based on historical data
...
Predictive Analytics for Healthcare Improvement 
Predictive analytics in healthcare refers to the use of
statistical techniques and algorithms to analyze current and historical data to make predictions about future outcomes
...Enhanced Operational Efficiency Predictive
models can optimize scheduling and resource allocation, ensuring that healthcare facilities operate more efficiently
...
Insight Development 
Gather relevant data Ensure data quality and integrity Data Analysis Employ
statistical methods Utilize data mining techniques Implement machine learning algorithms Interpretation of Results
...Predictive Analytics: Uses statistical
models and machine learning to forecast future outcomes based on historical data
...
Understanding Customer Needs through Data 
Predictive Analysis: Uses
statistical models to forecast future customer behaviors based on historical data
...
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 ...