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5MB: Oracle — July 15, 2009
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News Flashes
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Aimed at distributors, Oracle has introduced Oracle Price Protection, a new application that automates the price protection transactional processes and streamlines overall pricing, promotions and product discount management.
Posted 15 Jul 2009
/ July 15, 2009 Issue
Oracle introduced the Oracle SQL Developer Data Modeler. The standalone tool supports logical, relational, multi-dimensional and data type modeling while featuring multi-layered design and generation capabilities to produce conceptual entity relationship diagrams (ERDs) and transform them to relational models.
Posted 15 Jul 2009
/ July 15, 2009 Issue
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Think About It
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Predictive Analytics—sometimes referred to as Predictive Data Mining—is a branch of Business Intelligence that attempts to use historical data to make predictions about future events. At its simplest, predictive analytics utilizes statistical techniques, such as correlation and regression, which many of us have encountered in college or even high school. Correlation analysis determines if there is a statistically significant relationship between two variables. For instance, height and age are highly correlated, while IQ and height are very weakly correlated. Regression attempts to find an equation between the two or more variables, so that you can predict one from the other.
Posted 15 Jul 2009
/ July 15, 2009 Issue
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