By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data-driven image seo
    Data Analytics Helps Marketers Substantially Boost Image SEO
    8 Min Read
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
    benefits of data analytics for financial industry
    Fascinating Changes Data Analytics Brings to Finance
    7 Min Read
    analyzing big data for its quality and value
    Use this Strategic Approach to Maximize Your Data’s Value
    6 Min Read
    data-driven seo for product pages
    6 Tips for Using Data Analytics for Product Page SEO
    11 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: 3 Easy Checks to Ensure Quality Analytics Reporting
Share
Notification Show More
Latest News
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
ai in ppc advertising
5 Proven Tips for Utilizing AI with PPC Advertising in 2023
Artificial Intelligence
data-driven image seo
Data Analytics Helps Marketers Substantially Boost Image SEO
Analytics
ai in web design
5 Ways AI Technology Has Disrupted Website Development
Artificial Intelligence
cloud-centric companies using network relocation
Cloud-Centric Companies Discover Benefits & Pitfalls of Network Relocation
Cloud Computing
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Uncategorized > 3 Easy Checks to Ensure Quality Analytics Reporting
Uncategorized

3 Easy Checks to Ensure Quality Analytics Reporting

DataQualityEdge
Last updated: 2009/08/12 at 1:10 PM
DataQualityEdge
5 Min Read
SHARE
- Advertisement -

Are you new to business intelligence, predictive analytics or analysis in general. With all the talk about data visualization and how effective it is in telling a story… well, it’s grand!

Here’s another way of looking at it – really: data visualization allows your VP to review the report over a cappuccino and reading emails on their Blackberry, while talking on the phone, and waving in the admin assistant (I believe that’s the politically correct term).

- Advertisement -

So how often are decisions made based on bad reports. Or bad decisions based on good reports.

Let’s just say the data is 100% accurate: is it still possible to have less than stellar reports (I was going to use a word that rhymes with ‘happy’, but “less than stellar” – works as well)?

More Read

big data improves

3 Ways Big Data Improves Leadership Within Companies

IT Is Not Analytics. Here’s Why.
Romney Invokes Analytics in Rebuke of Trump
WEF Davos 2016: Top 100 CEO bloggers
In Memoriam: Robin Fray Carey

Here are three simple things you can do to make sure your reports are good quality reports.

  1. Pie charts: they are suppose to equal 100%, so if you have a chart that totals 103%, ask yourself what happened and fix the calculations.
  2. Rounding Issues: Some old applications and databases drop the full value of the numbers so that they may round the value, and some modern day applications as well (depending on your settings). If this is the case, remember to .. …


Are you new to business intelligence, predictive analytics or analysis in general. With all the talk about data visualization and how effective it is in telling a story… well, it’s grand!

- Advertisement -

Here’s another way of looking at it – really: data visualization allows your VP to review the report over a cappuccino and reading emails on their Blackberry, while talking on the phone, and waving in the admin assistant (I believe that’s the politically correct term).

So how often are decisions made based on bad reports. Or bad decisions based on good reports.

Let’s just say the data is 100% accurate: is it still possible to have less than stellar reports (I was going to use a word that rhymes with ‘happy’, but “less than stellar” – works as well)?

Here are three simple things you can do to make sure your reports are good quality reports.

  1. Pie charts: they are suppose to equal 100%, so if you have a chart that totals 103%, ask yourself what happened and fix the calculations.
  2. Rounding Issues: Some old applications and databases drop the full value of the numbers so that they may round the value, and some modern day applications as well (depending on your settings). If this is the case, remember to sum your columns to ensure that the value you are reporting as the total is the actual total. The other problem with rounding is lost data, and increased values. Your 6.25 or 5.87 value can each be rounded to 6. So be careful. Choose wisely!
  3. Decimal point: If you’re doing a report on the amount of sales you perform on your products, or services, just make sure the decimal place is where it should be. Having the decimal place in the incorrect position will ruin everything! You don’t want to say your selling Widget ABC for $1.10, when it’s actually $0.11.

Decimal Point Facts:

- Advertisement -

Remember for doctors, pharmacists, nurses entering the decimal point in the wrong place can actually kill someone (i.e., incorrect dosage).

We all know that Popeye’s spinach fetish had more to do with the decimal point then with actual iron content (How often did you hear, “Eat your spinach, it’ll make you strong like Popeye” when you were young, when all you wanted was a nice juicy steak).

How often do banks withdraw 5500.00$ instead of 55.00$?

Something else to think about.

If you’ve checked the above three points in a report that has been produced for eons, and these errors are happening, and no one has said anything, not a word, nothing! Then there’s two things going on… no one is using that report (imagine that for a moment, no one is using your report, what a waste of resources). Or your organization will eventually feel the effects of bad reporting in the financials or other areas of the organization.

- Advertisement -

DataQualityEdge August 12, 2009
Share this Article
Facebook Twitter Pinterest LinkedIn
Share
- Advertisement -

Follow us on Facebook

Latest News

ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
ai in ppc advertising
5 Proven Tips for Utilizing AI with PPC Advertising in 2023
Artificial Intelligence
data-driven image seo
Data Analytics Helps Marketers Substantially Boost Image SEO
Analytics
ai in web design
5 Ways AI Technology Has Disrupted Website Development
Artificial Intelligence

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

big data improves
Big DataJobsKnowledge ManagementUncategorized

3 Ways Big Data Improves Leadership Within Companies

6 Min Read
Image
Uncategorized

IT Is Not Analytics. Here’s Why.

7 Min Read

Romney Invokes Analytics in Rebuke of Trump

4 Min Read

WEF Davos 2016: Top 100 CEO bloggers

14 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?