Keeping Up with the Quants: Your Guide to Understanding and Using Analytics

ASIC had previously developed a process to extract networks from a person, company, or address start point within internal and public databases.

Humans differ in their preferences for seeing quantitative results; some prefer rows and columns of numbers, some prefer graphics, and some prefer text describing the numbers. It’s important to elicit those preferences at a relatively early stage.

CEO and founder of analytics software company SAS, was a student there and taught there, and he generously

Their recent analysis projects run from selecting features for future products to playing out product roadmap scenarios to allocating critical engineering resources to project portfolio management.

See table 5-1 for a description of different pattern types and the open-source and commercial software that finds them.

They also typically contain a series of “control” variables that might affect consumer spending and purchase behavior, such as weather and macroeconomic data.

At Expedia again, for example, one Eureka story involved eliminating change/cancel fees from online hotel, cruise, and car rental reservations.

modern book by a consulting statistician on the same topic is Common Errors in Statistics and How to Avoid Them by Phillip Good and James Hardin.

Data analysis consists of finding consistent patterns, or the relationships among the variables.