Applied statistics is the root of data analysis, and the practice of applied statistics involves analyzing data to help define and determine organizational needs. The goal of this paper is to clarify the applied statistics, its principles and to present its application in various fields.
Browsing: Big Data
Big Data is a relatively recent term coined to describe large volumes of data that inundate businesses during their day to day operations (SAS, n.d.). Big Data can be used as modern data driven approach to business analysis, when utilised correctly…
If Big Data is to deliver on its big promises, a well-articulated vision must be developed in a collaborative way and effectively communicated to all key stakeholders.