ANALYTICS

Analytics

Firms may commonly apply analytics to business data, to describe, predict, and improve business performance. Specifically, arenas within analytics include enterprise decision management, retail analytics, store assortment and stock-keeping unit optimization, marketing optimization and marketing mix analytics, web analytics, sales force sizing and optimization, price and promotion modeling, predictive science, credit risk analysis, and fraud analytics. Since analytics can require extensive computation, the algorithms and software used for analytics harness the most current methods in computer science, statistics, and mathematics.

The above text is a snippet from Wikipedia: Analytics
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analytics

Noun

  1. The principles governing any of various forms of analysis.


The above text is a snippet from Wiktionary: analytics
and as such is available under the Creative Commons Attribution/Share-Alike License.

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