07. Metric Output

Definition

When showcasing the results to your problem statement centers on the outcomes (e.g., experimentation, prediction performance metrics, etc.)

Example

Problem statement reads: How do we effectively predict the stock price of Apple 2 months from now?

What visuals work best here?

• Metric Outputs:
  • Performance metrics (predictions, ANOVA tests, Chi Square test). In these types of stories, you need to share out the actual metrics from your various statistical tests, whether it is regression prediction, ANOVA F tests results, Chi-square analysis.
    • Here again is the Minitab resource on ANOVA that shows the F-test outputs and how to interpret it.
    • And here is the blog from minitab.com about Chi-square tests

QUIZ QUESTION::

Match the Statement to the Type of Visualization

ANSWER CHOICES:

Charts

Distribution

Temporal

Relationships

Cohorts

Statement	Type of Visualization
How accurate are our predictions?
How has the availability of organic products changed over the last year?
How does the region of wine relate to the quality of wine?
How do your Top 20% of customers differ from the remaining 80%?
How has the stock price of Amazon changed over the last year?

SOLUTION:

Statement	Type of Visualization
How accurate are our predictions?	Charts
How has the availability of organic products changed over the last year?	Distribution
How has the stock price of Amazon changed over the last year?	Temporal
How does the region of wine relate to the quality of wine?	Relationships
How do your Top 20% of customers differ from the remaining 80%?	Cohorts