"Correlation does not imply causation.” Does that bring back memories from your college statistics class? If you cringe when you hear those words, don’t worry. This phrase is still relevant today, but is now more approachable and easier to understand. Here at SAS, we use SAS® Visual Analytics to make
Tag: visual analytics
How many of us have used the phrases… It’s a piece of cake Anyone can do it It’s as easy as ABC I could do it with my eyes shut When it comes to business intelligence it should be “easy peasy” but for many organization it can still be a
Year-end outlooks from most analysts project the low-price environment in the oil market will continue for most of next year, but some pundits emphasize that the market has bottomed out and suggest recovery, though gradual, may be seen if increasing demand outpaces supply growth and sops up some of the
What is information? The lack of a working definition plagued both science and the emerging telecommunications industry until the arrival of Claude Shannon and his famous 1948 paper, “A Mathematical Theory of Communication”, based on his cryptography work during WWII while at Bell Labs. The landmark article is considered the
Times have changed. As the oil industry shutters and sheds investments that made sense during the two-year period in which oil rode comfortably above $90, the market is establishing a new equilibrium at $40/barrel. This despite the fact that the Baker Hughes domestic rig count is down 64 percent. It’s
Higher education is a buyer’s market today, with the student being the buyer, according to Nick Hillman, director of the Higher Education Policy Institute. And don’t universities know it. Not only are they dealing with tuition fee caps, but they face mounting competition from other educational institutions. There are many UK
Though crude oil prices edged up last week, the market remains well below VirtualOil’s original $50 strike price, meaning the hypothetical portfolio’s production is shut in in the spot market again. Oversupply continues while China GDP forecasted growth is slowing. Given the market outlook, the VirtualOil board has decided to
In today’s information economy, the ability to engage and develop meaningful digital relationships is fundamental to any business. A growing number of organisations, including small-to-medium sized enterprises, are investing in easy-to-use analytical software and services to extract insights from data about their business. As a result, we're now experiencing the
Are you eager to explore and understand your data? Do you want to improve processes and drive more revenue? Do you want to work with data using an intuitive, easy-to-use interface? This is now possible with visual analytics, technology which combines analytics with interactive visualizations. As published in a recent
Why visualization? Several reasons, actually, the most compelling being that sometimes visualization literally solves the problem for you. I remember an exercise in eighth grade English class where we were asked to describe, in words only, an object set in front of us with sufficient clarity such that our classmates,