Best descriptive analytics software describes what has happened in the past. The past refers to any point of time that an event has occurred. Descriptive analytics is very useful because they allow the organisation to learn from their mistake and understand how they change future outcomes.
Descriptive statistics are important to show the result like stock inventory, average cost spends per customer, average time spend by an individual on a particular website, change is sale year by year.
Descriptive analytics is the statistical method that is used to search and conclude historical data in order to find a useful pattern from the data. Descriptive analytics uses data aggregation and data mining to discover historical data.
Descriptive analytics can provide lots of information on the learning capability of the Learning Management System (LMS). This includes learner engagement and learner performance.
Performance provides the information that comes from data taken from the assessment. One should keep in mind that descriptive analytics are not used to make predictions or inference about learners future performance.
Today, most organizations focus on data for making business decisions, and for good reason. However, data alone is not the goal. Numbers and facts are meaningless unless you have valuable information that leads to more appropriate action. Analytics solutions provide a convenient way to use business data. However, the number of market decisions it makes … Read more
Descriptive analytics in social media Descriptive analytics is the modern form of data analytics which is the conventional form of Business intelligence and data analysis. Descriptive analytics seeks to provide a summary of the data in the form of graphs and reports. Descriptive analytics commonly used two main tools, Data Aggregation and Data Mining. It … Read more
Descriptive analytics in Big Data and Banking Data analytics is the backbone of many financial institutions. From banking institutions to credit ranking companies to securities trading, data analytics has played a major role in the growth of these sectors. With the rapid growth of technology, data analytics has gained popularity in the banking and financial … Read more
Definition of Outcome Measures in Hospitals Quality of healthcare is generally assessed by outcome measures. Health outcomes involve changes in the current health status of a patient or patients, attributable to an intervention. There can be different outcomes for diverse people and conditions. Measurement of health outcomes in hospitals involves carrying out different measurements such … Read more
Descriptive Analytics Descriptive Analytics is the technique of data mining in which experts and professionals work on historical data and make analysis explaining what incidents have occurred in the past. It has been derived from word Describe. Data Analytics is communicated in the form of charts, graphs, calculations and dashboard. Descriptive Analytics focusses on simple … Read more
Descriptive Analytics tools and techniques Descriptive analytics is the conventional form of Business Intelligence and Data analysis which seeks to provide a description or summary view of data in the form of graphs and numbers in common layman terms. Descriptive Analytics uses Data mining and Data aggregation to extract this information. Descriptive analytics present past … Read more
Descriptive analytics in Big Data and Banking Data analytics is the backbone of many financial institutions. From banking institutions to credit ranking companies to securities trading, data analytics has played a major role in the growth of these sectors. With the rapid growth of technology, data analytics has gained popularity in the banking and financial … Read more