Correlation Does Not Imply Causation

Correlation Does Not Imply Causation

Data is interesting but it has to yield insight to be valuable.  One of the tools we use to generate insight is correlation analyzes where we look at two sets of data and see how closely one tracks the other.  We then try and figure out which is the driver of the...
Service Revenue as a Percent of Total Sales (2014)

Service Revenue as a Percent of Total Sales (2014)

Introduction After writing over 90 posts about service revenue and customer retention, it is time to show why these subjects matter. I will tell this story using publicly available data of service revenue as a  percent of sales for the company. This data is from a...