CBEI Central Wisconsin Fall 2021 Report

SPECIAL REPORT

Data Analytics: From the Depths of Motivation to the Heights of Cell Towers

Kurt Pflughoeft, Ph.D. Sentry Insurance Endowed Chair of Computational Analytics Grace Nemecek ’21 Data Scientist, Bug Tussel Wireless

Data Analytics

Data-directed decision making. Analyze raw data in order to draw conclusions and make predictions to advance business goals. Example applications are recommender systems like those at Netflix and Amazon.

Data Visualization

Domain Expertise

Machine Learning / Artificial Intelligence

Statistics & Probability

Communication & Story Telling

Data Pre- Processing

Programming

Beginning Data Analytics

Descriptive Analytics

Diagnostic Analytics

Helps summarize past and current situations visually and/or numerically.

Determines why things have happened the way they have happened.

Example – a firm develops a key performance indicator (KPI) on Tableau dashboards to track successes or failures.

Example – an anomaly has been identified, but the root cause now needs to be identified.

18

Center for Business and Economic Insight

Made with FlippingBook Learn more on our blog