Session 7: Business Analytics

Learning Objectives

  • Explain how increasingly standardized data, access to third-party data sets, cheap, fast computing and easier-to-use software are collectively enabling a new age of decision making
  • Manipulate the basic functions of a data warehouse
Campus Class Meeting Agenda
  1. Case Discussions
  2. Team Project Forum (led by Team ?)
  3. Finalizing Individual Assignment on Analytics - C
EIA for the week (3 hours per session)

Nate Silver and predictive analytics



Assignments Due Before Next Session Begins (12 hours of studies outside classroom)


Additional Resources: Feel free to use these resources to enhance your case analyses, discussion, discussions, or team assignments.

Methods 101 Series by Pew Research Center

Infographic: The surprising things you don't know about big data

INFORMS page on Analytics

Certified Analytics Professional administered by INFORMS is a rigorous recognition of analytics professionals and experts.

Data Management Body of Knowledge by DAMA defines a standard industry view of data management functions, terminology and best practices, without detailing specific methods and techniques.

Certified Data Management Professional administered by DAMA is coming soon!

Data Scientist: The Sexiest Job of the 21st Century

How to Work Confidently with Numbers People

Google Analytics Academy: The Digital Analytics Fundamentals course offered by Google's Analytics Academy is free, and provides a great foundation for our future marketers who need a solid understanding of marketing analytics on the Internet. The Google Analytics Platform Principles course is also free, and is designed for intermediate users to learn more about how Google Analytics works.

HBR/Oracle Webinar on Big Data & Sales (PPT Presentation available here)

Ten Kinds of Stories to Tell with Data

HBR Guide to Data Analytics for Managers

Is Excel Making Your Nonprofit Mediocre?

How Target Figured Out A Teen Girl Was Pregnant Before Her Father Did

At UPS, the Algorithm is the Driver

Predictive Analytics: Pagerank Algorithm Reveals World's All-Time Top Soccer Team

What Do Pregnant Women Want?

Ten Algorithms That Dominate Our World

Why Websites Still Can't Predict Exactly What You Want

Most HR Data is Bad Data

For Big-Data Scientists, "Janitor Work" is Key Hurdle to Insights

Not All Scientific Studies Are Created Equal by David Schwartz (TED ED 4.5 minutes)

Diagnosing Your Decision: Deciding on How to Decide

Guess the Correlation is a simple online game that makes statistics addictive!
Beware Spurious Correlations

Use this website Spurious Correlations to discover correlations between two apparently unrelated factors

See a sample of Spurious Correlations

Detecting Bias in Data Analysis

On the Care and Feeding of Your Analytics Talent

Coke-Cola's Unique Challenge: Turning 250 Datasets into One

Webinar: Predictive Insights - Turning Machine Data Into Intelligent Action

The Big Connection: Improving Business with Insights as a Service


There are always two sides to every coin. Take a look at arguments and research supporting the value of instincts (as opposed to data-driven decision making):

Instinct can Beat Analytical Thinking

Everything you think you knew about L-O-V-E is wrong

Machine Learning
What every manager should know about machine learning (HBR)

An executive's guide to machine learning (McKinsey)

Where machines can replace humans - and where they can't (yet) (McKinsey)

A quick guide to neural networks

Deep Learning textbook by Ian Goodfellow, Yoshua Bengio and Aaron Courville. MIS Press.

Deep Learning Lecture 1 by University of Oxford

Google DeepMind teaches artificial intelligence machines to read

Robot Analysts and Robot Reporters

A new approach to supply chain risks (HBR)

Interactive Data Viz: Powering Effective Decisions (HBR)

Big Data Analytics Educational and Research Website

Free online course on deep learning by Google

Analytics and agriculture: New online library shares how analytics is transforming the way we feed the world (by INFORMS)

Tutorials
Advanced Machine Learning with Basic Excel

Resources for Health Authority Analysts

How to measure Customer Satisfaction Correctly?

Books
Big data, little data, no data by Professor Christine Borgman

Little Bee Books that explain tough concepts in data science

Analytics firms in Pittsburgh
Rhiza (Marketing Analytics)
Marinus (Human Trafficking)
Qualaris (Healthcare)
Management Science Associates
First Insight
OThot
Cognistx (Cognitive Computing)
Pensiamo (Cognitive Supply Chain)  

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