How do you interpret the results of multivariate statistical analyses?
Understanding multivariate statistical analyses is crucial in Business Intelligence (BI) as it allows you to extract meaningful insights from complex data sets. These analyses involve multiple variables and can reveal patterns and relationships that are not apparent when looking at the variables individually. As you delve into the results, you'll encounter various outputs like coefficients, p-values, and charts. Interpreting these correctly is essential for making informed decisions. The key is to approach the analysis systematically, considering the context of the data and the objectives of the study. With a blend of statistical knowledge and business acumen, you can translate these results into actionable business strategies.
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Dr Ghulam AbidHR Data Scientist | PhD ?? | MPhil ?? | Academician | Impactful Scientist | IF 150+ | [email protected] |
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Alka PatelConsultant @ Deloitte India || Microsoft Certified Power BI Data Analyst || Power BI Developer || SQL || Dax ||…
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Francisco dos Santos L.Especialista de Projetos e Dados | Power BI | DAX | Excel | SQL | Phyton | Analytics | Práticas ágeis | Planejamento |…