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The first release of Power BI was based on the Microsoft Excel-based add-ins: Power Query, Power Pivot and Power View. With time, Microsoft also added many additional features like question and answers, enterprise-level data connectivity, and security options via Power BI Gateways. [10] Power BI was first released to the general public on 24 ...
In business and project management, a responsibility assignment matrix [1] (RAM), also known as RACI matrix [2] (/ ˈ r eɪ s i /; responsible, accountable, consulted, and informed) [3] [4] or linear responsibility chart [5] (LRC), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.
Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. [1] Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text ...
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Decision tables are a concise visual representation for specifying which actions to perform depending on given conditions. Decision table is the term used for a Control table or State-transition table in the field of Business process modeling; they are usually formatted as the transpose of the way they are formatted in Software engineering.
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To illustrate, consider an example from Cook et al. where the analysis task is to find the variables which best predict the tip that a dining party will give to the waiter. [12] The variables available in the data collected for this task are: the tip amount, total bill, payer gender, smoking/non-smoking section, time of day, day of the week ...
In this example a company should prefer product B's risk and payoffs under realistic risk preference coefficients. Multiple-criteria decision-making (MCDM) or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly evaluates multiple conflicting criteria in decision making (both in daily life and in settings such as business, government and medicine).
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