Essentially, Monte Carlo simulations predict an outcome not from the actual values of input data (which aren’t known) but from the likely (aka “simulated”) values of that data (based on their probability distributions). These simulations can prove invaluable for assessing risks in many real-world
Although spreadsheets offer a stable, attractive option when working with numbers, they can fall far short when they are applied to enterprise-scale statistical analytics. Weigh the limitations of spreadsheets against the benefits of a sophisticated, enterprise-grade statistical analysis tool for
Open source tools continue to foster non-stop innovation throughout the Insight Economy. So it’s no surprise that open-source languages—most notably, R--have moved to the center of enterprise statistical analytics and data management.
Spreadsheets are excellent tools as far as they go—but how far can they truly go? If you’re pushing your spreadsheet-based solutions beyond their viable limits, then they might be doing more harm than good. Discover what considerations you shouldn’t ignore when using spreadsheets for statistical
At IBM Insight 2015, you’ll be able to discover the latest and greatest in the SPSS universe. A lot will be going on at Insight, so take care not to miss the sessions that will interest you most. Learn the ins and outs of SPSS sessions at Insight, allowing you to make the most of your Insight
While you’re at IBM Insight 2015, hit the bookstore for more on a variety of topics covered in regular Insight sessions. If you like, meet the authors to get your book signed and take a moment to chat. Don’t miss this chance to bring your learning home from Insight.
Predictive analytics isn’t complete without geospatial analytics, which offers data dimensions that can provide a holistic view of business problems. At IBM Insight 2015, discover how geospatial analytics can help you understand your customers and your operations through time and space components.
A North American manufacturer of retail steel and steel building products implements a comprehensive analysis and reporting system, gaining insights into supply chain and customer demand trends and cutting financial reporting times when it engages with IBM.
Time and location-based intelligence can reveal hidden insights about your business, customers or constituents. Learn how organizations can benefit from geospatial analytics and how IBM SPSS Modeler augments predictive modeling by integrating elements of time and space into analyses.
Predictive analytics that incorporates geospatial data can provide answers and insights not found in charts or tables, and it can be extremely helpful for organizations that want to answer the critical who, what and where questions for accurate forecasting.
The R language has become very popular with statisticians and data miners who use it to develop statistical software. But did you know that you can run R syntax from IBM SPSS Modeler and SPSS Statistics software? The combined strength of both helps address the needs of an organization that has few