CP010: Averages are Mean – 8 Techniques for making your analysis above average
Chandoo.org Podcast - Become Awesome in Data Analytics
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Show Notes
In the 10th session of Chandoo.org podcast, lets make your analysis above AVERAGE.
What is in this session?
This is a continuation of Session 9 – Averages are mean
In the earlier episode, we talked about AVERAGE and why it should be avoided. In this session, learn about 8 power analysis techniques that will lift your work above averages.
In this podcast, you will learn,
- Re-cap – Why avoid averages
- 8 Techniques for better analysis
- #1: Start with AVERAGE
- #2: Moving Averages
- #3: Weighted Averages
- #4: Visualize the data
- …
- Conclusions
NOTE: This is a 2 part podcast. Listen to first part before hearing this.
Go ahead and listen to the show
Links & Resources mentioned in this session:
Average Formula – Syntax, examples
Special cases:
Statistics & Probability for analyst – a guide
Transcript of this session:
Download this podcast transcript [PDF].
How do you raise above average?
For many of my reports I start with AVERAGE and then improve the metrics to show insights. I try weighted average, median, mode, visualizations and conditional averages.
What about you? What analytical techniques & formulas do you use apart from AVERAGE()? Please share your thoughts using comments.
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