"80% of young males who buy diapers also buy beers..."
This was one of the statistical data published in Wallstreet journal.
How did they come to this conclusion?
How did they know that diapers and beers have a connection?
How were they able to extract this piece of data from millions of numbers that had to be computed?
That's what is taught in Business analytics and Intelligence. And ofcourse, a lot more.
In the very first class, Professor Nagadevra managed to tickle the curiosity of the class with intriguing statistical data - something I had always thought as one of the most boring subjects ever!
Monday, November 15, 2010
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