The easiest way to start is always the simplest way
Correlation is most often the simples way to see if you are going in the right direction.
- Start collecting as much as possible information about your business.
- Look at competitors.
- Look at the market demand.
- Informations are valuable data!
- Gather information/data and find any kind of relation behind them!
- Classify data according to your maket needs.
How far can you go?
Uncertainties are better know as "margins or error".
When you start considering risks associated to a business trend then you are dealing with uncertainties.
- Include uncertainties/risks in your data analysis.
- Look at relation changes when uncertainties are included in.
- Output results cha drastically change when uncertainties are considered!
What can I really trust?
When considering several trends, products, trials, costs, customers, etc. the question is: which is the best performance?
- Proficiency tests help you valuating the best performances.
- Compliance with specific legislative requirements can be fully valuated with proficiency test.
- Several customer-oriented needs can be included in proficiency tests evaluations.
Be concise and clear!
Summary of your analysis must be easy to understand and give a clear message
- Output summary gives you a visual overview of the action you want to take.
- Margin of errors, average/median values and consistency of your analys is visualized in an unique way.
The tools
R programming and Matlab programming are used as statistical and graphic tools to perform inter-comparison analysis.
- Powerful statistics functions.
- "Good look" graphics.
- Easy and fast implementation according to customers' needs.