Is your organization still using Excel as its main tool to process and analyze business data? If so, it may be time for the next step towards a data-driven...
What is a Monte Carlo simulation and what can it be used for? A down to earth, step by step explanation.
How do you fit non-linear data with a linear model? Using splines is one option. A simple explanation.
The ARIMA Model In a previous blog post, we delved into the world of time series forecasting with the Holt-Winters (exponential smoothing) model. Today, we will explore another popular...
Introduction to Embeddings Embeddings play a crucial role in natural language processing (NLP) and text analysis. Simply put, word embeddings represent words or phrases as vectors, which are lists...
Time series data is a collection of data points recorded over time, that are used to analyze trends and patterns in a specific variable. This type of data is...
We often get the following question at The Information Lab: What strategy should I use to make my organization data-driven? Data-driven organizations are those that use...
Tableau, Power BI, Qlik Sense, visualizing data has never been easier or more widespread. Yet data visualizations are not exactly a modern invention. In fact, the ancient Egyptians...
ake an impactful Dashboard for your business in just 5 easy steps. With links to examples and some of the best Dashboard on the web.