In this note, let’s define analytics
as the analysis of data in order to take actions. (This is a narrow definition of analytics, but one that is useful here.) If you don't have day to day work experience with analytics, it is easy to have the mistaken impression that analytics is only about data and statistical models.
Although understanding data and developing statistical models is certainly an important component of an analytic project, this is just one aspect of… Continue
Posted on April 30, 2009 at 1:00pm