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Define Dictionary Meaning - True Words & Their Meanings
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Analytics

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  • Zipporah Schumakerundefined Offline
    Zipporah Schumakerundefined Offline
    Zipporah Schumaker
    wrote on last edited by admin
    #1

    The simplest definition of [Analytics] is the science of analysis. In reality, the word Analytics has not been properly defined by [the professional] community and may mean different things to different people. A simple and practical definition, however, would be how an entity(i.e., business) arrives at the most optimal or realistic decision from a variety of available options, based on existing data. Business managers may choose to make decisions based on past experiences or [rule of thumb], or there might be other qualitative aspects to decision making; but unless there is data involved in the process, it would be considered beyond the purview of [analytics]. Another definition could be that Analytics is a field of study / profession that has applications in any field (business / social / political / home) where data is available.

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    • Juleneundefined Offline
      Juleneundefined Offline
      Julene
      wrote on last edited by
      #2

      The systematic computational analysis of data or statistics.

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      • Kitundefined Offline
        Kitundefined Offline
        Kit
        wrote on last edited by
        #3

        Bring your company to the next level.Start working SMARTER not HARDER. A software product by Viasql

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        • Dave Paprockiundefined Offline
          Dave Paprockiundefined Offline
          Dave Paprocki
          wrote on last edited by
          #4

          Increase your marketing campaign ROI through testing, analysis and reporting with a web-based app for campaign management. A software product by Cognesia

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          • Lizzy Lizundefined Offline
            Lizzy Lizundefined Offline
            Lizzy Liz
            wrote on last edited by
            #5

            a process in which a computer examines information using mathematical methods in order to find useful patterns:

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            • Dianneundefined Offline
              Dianneundefined Offline
              Dianne
              wrote on last edited by
              #6

              The principles governing any of various forms of analysis.

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