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Key Performance Indicators (KPI): items found in the data that we determine to be of value, this helps us gain valuable information. This data helps us understand what is happening in the operation. Data Points : Locations where data is created, produced and/or a combination of both. Measurable Data Points : Filtering through all the data and identifying what data is good data and what data is not measurable. Design Analysis Reports : Developing a reporting structure from all of the data that is provided to you from data received. Key Performance Objectives : Obtained for the analysis report. This will help us to determine what our goals should be. Data Mining : is the computational process of discovering patterns in large data sets involving. (Wikipedia)
TERMS WE SHOULD GET COMFORTABLE WITH
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RISK BASED OBSERVATION
The trend is changing in how we observation the casino, we are going from “observe and report” to “risk-based observation” This is being done because we need all departments to either generate more revenue or find places in the organization that are losing revenue, whether through detecting cheats and scams or just inefficiencies or ineffective processes.
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