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"Sometimes referred to...

Original Source:  Bain and Company

"Leaders are turning to a new transformational approach for full-potential savings.

The $20 billion industrial company was big and far-reaching—a...

Original Source:  by Ravi Kalakota via Business Analytics 3.0 Blog

"What is your spend IQ or data maturity?

Procurement organizations tend to swim in data. One of the most important...

Original Source:   BeyeNETWORK

"Model-making is at the heart of advanced analytics. Thankfully, few of us need to create analytical models or learn the statistical techniques upon which...

Original Source:  Aunalytics

"Introduction

If you’ve been reading our blog regularly, you have noticed that we mention decision trees as a modeling tool and have seen us use a few...

Original Source:  School of Computer Science - Carnegie Mellon University from the course on Advanced AI concepts / Fundamentals of AI for Robotics 2004

"Decision Trees

Andrew W....

Original Source: 

"Describes an algorithm whose input is a collection of instances and their correct classification and whose output is a decision tree that can be used to classify each...

Original Source:  DataNet Quality Systems / WinSPC

"Statistical Process Control, commonly referred to as SPC, is a method for monitoring, controlling and, ideally, improving a process...

Original Source:  by James J. Rooney and Lee N. Vanden Heuvel via ASQ

"Root cause analysis (RCA) is a tool to help identify what, how, and why an event occurred so that steps can be taken...

Original Source:  Boundless Marketing

"LEARNING OBJECTIVE

List the GAP Model's five contributory factors of unsuccessful customer service

KEY POINTS

GAP 1: Gap between...

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