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According to Wikipedia, ”Business analytics refers to the skills, technolo-gies, practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning.”. In short, BA is a rational, fact-based approach to decision making.
Business analytics encompasses a gamut of analysis around business data to draw information that could be used by the managers at various levels in an organization. Business analytics enables fact-based decision making while extending accountability in decision making.
The purpose of this book is to explain what BA is, why it is important to know, and how to do it. To achieve this purpose, the book presents conceptual content, software familiarity, and some analytic tools. Conceptual Content. The conceptual material is presented in the first eight chapters of the book.
It includes solutions to chapter problems for spreadsheet modeling, including building spreadsheet models to analyze production costs and profits, investment returns, real estate investments, portfolio optimization, and retirement planning.
Business analytics (BA) involves using data analysis and quantitative methods to solve business problems and drive decision-making. It begins with determining business goals and collecting data from various sources, then performing iterative analysis to reveal patterns and relationships.
An Introduction to Business Analytics by Koole (2019) - Free ebook download as PDF File (.pdf), Text File (.txt) or read book online for free.
Business Analytics (4th Edition) Course Hero-verified solutions and explanations. Chapter 2 Descriptive Statistics. Chapter 3 Data Visualization. Chapter 4 Probability: An Introduction to Modeling Uncertainty. Chapter 5 Descriptive Data Mining. Chapter 6 Statistical Inference. Chapter 7 Linear Regression.
