statisticsconsultancy, Author at statisticsconsultancy

Role of Questionnaires in Enhancing Statistical Research

August 6, 2024

What makes questionnaires regarded as the key assets in statistical research?

Introduction: A questionnaire serves as a research tool, consisting of a series of questions that can be either closed-ended or open-ended. Its purpose is to gather valuable data from...

July 25, 2023

The Role of Statistics in Data Analytics for Consumer Packaged Goods

Introduction Consumer Packaged Goods: Data Analytics for Consumer Packaged Goods (CPG) industry, the integration of data into marketing strategies is vital for maintaining a competitive edge. Leading brands adopt...

May 9, 2023

Financial Services Analytics

Introduction of Financial services Financial Services, the information technology revolution has fundamentally changed the way banking and financial services are managed. Likewise, the financial industry is undergoing a significant...

May 9, 2023

Logistics & Transportation Analyses: How Statistics Consultancy Experience L&T Operations

Introduction Of Logistics & Transportation In recent years, the fields of Logistics and Transportation have encountered numerous challenges related to e-commerce, sensor-generated data, GPS, and other devices. However, the...

April 24, 2023

Quantitative Analysis of imaging data

Introduction: Quantitative Analysis imaging (QI) is increasing in modern radiology, and it helps in evaluating a diverse range of patients by providing biomarkers for various illnesses. The Role of...

April 24, 2023

The importance of utilizing quantitative methods in the decision-making process

Introduction: Quantitative methods, In today’s world, quantitative methods play a significant role in decision-making across various domains of daily life. In modern business organizations, be it a private corporation,...

April 22, 2023

Research trends in applying statistical analysis to water quality data

Introduction: Reviewing and assessing water quality data involves checking for any errors during sampling, analysis, or data entry. To identify such issues, several data checks should be conducted, including...

April 21, 2023

Identifying Your Client’s Needs Using Your Organizational ERP System

Introduction ERP, today’s world, automation technology is widely used to simplify complex tasks, making them more accessible and reliable. To better understand their client base, organizations combine both qualitative...

April 21, 2023

Choosing the Suitable Algorithm for Different Applications

Introduction The algorithm, There are three main categories into which machine learning algorithms can be broadly classified. The first type is supervised learning, which involves building a mathematical model...

April 21, 2023

Clinical Prediction Models – External Validation

Introduction Clinical Prediction Validation, especially external validation, is an essential aspect of developing a predictive model. External validation is necessary to ensure that a prediction model can be applied...