Analytics

Understanding Numbers for making Decisions (II)

A) Index Numbers: Some times you have numbers of different ranges, however you may want to compare on a single scale. Indexing numbers will help you achieve that. For example average sales of apples  may be 1/2 of average sales of oranges for a given month/geography. If you compare  their trend of sales, you find [...]

Analytics

Understanding Numbers for Making Decisions

Every company has data in some form or the other. This data may or may not be used for making decisions. The most important data for any company is invariably the revenue or sales data. Its obvious that this data is important.

The important aspect is how this revenue data is used to identify impact due [...]