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Ineffective management of KPIs means little actionable data and a terrible return on investment. This, in turn, will cause problems like wasted focus, wayward strategies, and loss of revenue. Evaluate: See if the KPIs provide the actionable data needed to achieve set goals.
Outliers, also referred to as anomaly, exception, irregularity, deviation, oddity, arise in dataanalysis when the data records differ dramatically from the other observations. In layman’s terms, an outlier can be interpreted as any value that is numerically far-flung from most of the data points in a sample of data.
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