September 2001
Intermediate to advanced
182 pages
4h 16m
English
Content preview from Mining Your Own Business in Telecoms Using DB2 Intelligent Miner for Data
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Chapter 2. Business Intelligence architecture overview 21
2.3.3 Statistics
Statistical tools are typically used to address the business problem of generating
an overview of the data in your database. This is done by using techniques that
summarize information about the data into statistical measures that can be
interpreted without requiring every record in the database to be understood in
detail (for example, the application of statistical functions like finding the
maximum or minimum, the mean, or the variance). The interpretation of the
derived measures require a certain level of statistical knowledge.
These are typical business questions addressed by statistics:
What is a high-level summary of the data that gives me some idea of what is ...
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