Business Analytics for Managers

  • Wolfgang Jank

Part of the Use R book series (USE R)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Wolfgang Jank
    Pages 1-8
  3. Wolfgang Jank
    Pages 9-39
  4. Wolfgang Jank
    Pages 41-65
  5. Wolfgang Jank
    Pages 125-165
  6. Back Matter
    Pages 185-189

About this book

Introduction

The practice of business is changing. More and more companies are amassing larger and larger amounts of data, and storing them in bigger and bigger data bases. Consequently, successful applications of data-driven decision making are plentiful and increasing on a daily basis. This book will motivate the need for data and data-driven solutions, using real data from real business scenarios. It will allow managers to better interact with personnel specializing in analytics by exposing managers and decision makers to the key ideas and concepts of data-driven decision making.

 

Business Analytics for Managers conveys ideas and concepts from both statistics and data mining with the goal of extracting knowledge from real business data and actionable insight for managers. Throughout, emphasis placed on conveying data-driven thinking.  While the ideas discussed in this book can be implemented using many different software solutions from many different vendors, it also provides a quick-start to one of the most powerful software solutions available.

 

The main goals of this book are as follows:

·         To excite managers and decision makers about the potential that resides in data and the value that data analytics can add to business processes.

·         To provide managers with a basic understanding of the main concepts of data analytics and a common language to convey data-driven decision problems so they can better communicate with personnel specializing in data mining or statistics.

Keywords

Business analytics data modeling data-driven decision making managerial statistics

Authors and affiliations

  • Wolfgang Jank
    • 1
  1. 1.Robert H. Smith School of Business, Dept. Decision &University of MarylandCollege ParkUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4614-0406-4
  • Copyright Information Springer Science+Business Media, LLC 2011
  • Publisher Name Springer, New York, NY
  • eBook Packages Mathematics and Statistics
  • Print ISBN 978-1-4614-0405-7
  • Online ISBN 978-1-4614-0406-4
  • About this book