Data analytics is a critical phrase in the life cycle of data management. One of the major techniques is using the statistical method, which is used by numerous enterprises and organizations all the time.
In our presentation, we will demonstrate our experiment with some traditional and popular statistical methods, such as Pearson correlation coefficient and linear regression, to analyze our library’s e-resources usage data. By using the statistical methods to analyze our data, we are trying to understand the real relationship between the different variables and forecast the future usage of our e-resource collections. Thus it can help us make effective decision in e-resource collection management and library budgeting. In this presentation, we will explain, in plain English, the terminology and usage of the seemly daunting statistics and show that, with a little learning effort, everyone can master the concept and skill of the most useful technique of data analytics.
