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Forecasting is the process of making predictions based on past and present data. Later these can be compared (resolved) against what happens. For example, a company might estimate their revenue in the next year, then compare it against the actual results creating a variance actual analysis. Prediction is a similar but more general term.
Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. [1] Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science ...
Marketing intelligence ( MI) is the everyday information relevant to a company's markets, gathered and analyzed specifically for the purpose of accurate and confident decision-making in determining market opportunity, market penetration strategy, and market development metrics. Marketing intelligence is necessary when entering a foreign market.
Big data paired with AI to help parse it makes a pretty unstoppable combo. Real estate investors will benefit from it, too, in ways we’re only beginning to understand. Take pricing a property ...
NPD uses sales data, such as checkout tracking from retailers and distributors as well as consumer-reported purchasing behavior, and offers consumer panel and retail sales tracking services, special reports, analytic solutions, and advisory services. NPD began tracking the North American video game industry from 1995.
Apple slipped 0.8% amid a broader weakness in megacap stocks, even as it posted better-than-expected third-quarter iPhone sales and forecast more gains betting on AI to attract buyers.
In mathematics, a time series is a series of data points indexed (or listed or graphed) in time order. Most commonly, a time series is a sequence taken at successive equally spaced points in time. Thus it is a sequence of discrete-time data. Examples of time series are heights of ocean tides, counts of sunspots, and the daily closing value of ...
Time series database. A time series database is a software system that is optimized for storing and serving time series through associated pairs of time (s) and value (s). [1] In some fields, time series may be called profiles, curves, traces or trends. [2] Several early time series databases are associated with industrial applications which ...