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
Paul : I updated the computer while fixing it for you
Barbra: Thanks to your analytical skills my computer is twice as fast !
Barbra: Thanks to your analytical skills my computer is twice as fast !
by #AH July 5, 2017
Adj.
(said of judgments)
Something that is so because it has to be so, as opposed to something that merely happens to be so.
That I was born on my birthday is analytic. That I was born on a Tuesday is synthetic. (After Immanuel Kant, Critique of Pure Reason, 1781)
(said of judgments)
Something that is so because it has to be so, as opposed to something that merely happens to be so.
That I was born on my birthday is analytic. That I was born on a Tuesday is synthetic. (After Immanuel Kant, Critique of Pure Reason, 1781)
The theory of the analytic-synthetic dichotomy presents men with the following choice: If your statement is proved, it says nothing about that which exists; if it is about existents, it cannot be proved.
by Pudicus August 31, 2019
by TrustingTroller June 10, 2019
1.) n. The bastard child of statistics and general chemistry
2.) v. It is used to express poor performance in the afforementioned subject.
2.) v. It is used to express poor performance in the afforementioned subject.
1.) I am sick of standard deviations and errors, I hate analytical chemistry.
2.) Person 1: How was the exam last night.
Person 2: It was Analytical Chemistry.
Person 1: Ouch... sorry to hear that.
2.) Person 1: How was the exam last night.
Person 2: It was Analytical Chemistry.
Person 1: Ouch... sorry to hear that.
by Skeez Adams September 18, 2006
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
Person #1 Google keeps tabs on everyone.
Person #2 Flurry Analytics has even more data about people, which is hard to believe because Google can now access data about the temperature inside your home.
Person #2 Flurry Analytics has even more data about people, which is hard to believe because Google can now access data about the temperature inside your home.
by Privacy Advocate January 14, 2014