Top 3 Techniques Used to Uncover Actionable Patterns and Trends
Last Updated on October 19, 2024 by Editorial Team
Author(s): Richard Warepam
Originally published on Towards AI.
How to Recognize Significant Insights from Summarized Data
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Photo by Choong Deng Xiang on UnsplashEnough with unboxing your Amazon orders, letβs unbox your data now!
So youβve got your summarized data sitting in front of you, and now youβre wondering, βWhatβs the good stuff here?β
Donβt worry β Iβm here to help you become a βproβ at spotting those action-packed insights that can make a real difference.
Β· Why Finding Insights Matters?Β· The Art of Insight Mining: The Procedure β Technique 1: The βWhat Catches Your Eyeβ Approach β Technique 2: The βCompare and Contrastβ Method β Technique 3: The βSo What?β TestΒ· How You Should Analyze Your Data To Get Better Insights β Step 1: Get the Big Picture β Step 2: Dig Deeper with the βFive Whysβ β Step 3: Look for ConnectionsΒ· Some Common Pitfalls to Avoid β 1. The βCorrelation = Causationβ Trap β 2. Confirmation Bias β 3. Ignoring ContextΒ· How to Make it a HabitΒ· Wrapping Up
Before we jump into the βhow,β letβs talk about why this is so important.
Because great insights are those valuable discoveries that can help you or your organization make better decisions.
Whether youβre analyzing sales patterns, social media engagement, or… Read the full blog for free on Medium.
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