Skill Sector: Research & Analysis What Is Data Observation? Dictionary definition: Data observation is the process of carefully noticing, recording, and recognizing patterns, anomalies, or trends within data. In real life, what that actually means: Data observation is about paying attention to what the data is actually showing before jumping to conclusions. It’s the skill […]
Skill Sector: Research & Analysis What Is Prescriptive Analysis? Dictionary definition: Prescriptive analysis is the process of using data, insights, and predictions to recommend specific actions that should be taken. In real life, what that actually means: Prescriptive analysis is about deciding what to do next based on what you know, what you expect, and […]
Skill Sector: Research & Analysis What Is Predictive Analysis? Dictionary definition: Predictive analysis is the use of historical data, patterns, and statistical techniques to estimate likely future outcomes. In real life, what that actually means: Predictive analysis is about using what has already happened to make an educated guess about what is likely to happen […]
