The simplest definition of Analytics is "the science of analysis". In reality, the word "Analytics" has not been properly defined by the professional community and may mean different things to different people. A simple and practical definition, however, would be how an entity(i.e., business) arrives at the most optimal or realistic decision from a variety of available options, based on existing data. Business managers may choose to make decisions based on past experiences or rule of thumb, or there might be other qualitative aspects to decision making; but unless there is data involved in the process, it would be considered beyond the purview of analytics. Another definition could be that Analytics is a field of study / profession that has applications in any field (business / social / political / home) where data is available.
Common applications of Analytics include the study of business data using statistical analysis in order to discover and understand historical patterns with an eye to predicting and improving business performance in the future.
by David Gould March 6, 2008
Get the Analytics mug.greatest person you'll ever meet. she has a smile that can brighten your day, everyday. she is easy and fun to talk to. if there is an analynn in your life, keep her close, you won't be sorry.
by lisa dayniam March 15, 2015
Get the analynn mug.Portmanteau of analytical and mythical. Investigation that everyone agrees needs to be done, but nobody ever gets around to doing.
Director: "What do you mean the product bombed? Didn't we do any market research?"
Marketing: "Well, in the end the research was all a bit analythical"
Marketing: "Well, in the end the research was all a bit analythical"
by cfm2 December 13, 2012
Get the Analythical mug.A terrifying and disgusting combination of statistics and chemistry that will crush your social/sex life into nothingness. This is assuming, however, that said person had one before this class.
person1: Hey bro! last night was crazy! what did you end up doing?
person2: Oh, not much you know... sat at home and wanked it till the wee hours of the morning!
person1: Woah, why?
person2: Analytical chemistry took it to me bro.
person2: Oh, not much you know... sat at home and wanked it till the wee hours of the morning!
person1: Woah, why?
person2: Analytical chemistry took it to me bro.
by freebord4lyf January 21, 2010
Get the analytical chemistry mug.My favo(u)rite dinosaur. The name 'Anklyosaurus' comes from the act of receiving a Scooter To The Ankle, hence the 'Ankl' part. The Anklyosaurus had a club like tail used to hit various things (except your ankle since they're dead), and defend themselves.
Tommy Wiseau: "Hey, Danny, what's your favo(u)rite dinosaur?"
Danny DeVito: "I like the Anklyosaurus,"
Tommy Wiseau: "Cool, my favourite dinosaur is a T-Rex"
Danny DeVito: "That's pretty cool."
Danny DeVito: "I like the Anklyosaurus,"
Tommy Wiseau: "Cool, my favourite dinosaur is a T-Rex"
Danny DeVito: "That's pretty cool."
by Applon, Lord Of The Fruits. January 24, 2019
Get the Anklyosaurus mug.A Kazakh name of a beutiful, smart, independent lady. Mostly popular after 80s. It is two words combined 'an' means a song ans 'el' means people. So its a song of people:)
by BellaKz February 3, 2010
Get the Anelya mug.by Trigger-happy August 2, 2007
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