Why did it happen?

Forming Analytical Questions

Konstantinos Kattidis

Data Analytics Lead

Understanding why something happened

Diagnostic analytics solutions help:

  • Identify the root causes of problems
  • Make data-driven decisions to:
    • Optimize processes
    • Improve efficiency
    • Reduce costs
Forming Analytical Questions

Education industry example

Business question:

Why is there a decline in program enrollments since last year?

Analytical question:

What specific factors are contributing to the decline in enrollment rates based on the last two years' enrollment data?

Technique:

  • Drill-down analysis, hypothesis testing

Diagram with drill down analysis for the enrollment rates decrease.

Forming Analytical Questions

Manufacturing industry example

Business question:

Why is the defect rate of our products increasing?

Analytical question:

Which manufacturing processes are contributing to the increase in defect rate?

Technique:

  • Root cause analysis

Diagram with root cause analysis for the defect rate increase.

Forming Analytical Questions

Marketing industry example

Business question:

Why are our email open rates declining?

Analytical question:

Which factors are contributing to the decline in email open rates?

Technique:

  • Correlation analysis

 

Heat map comparing open rates

Forming Analytical Questions

Retail industry example

Business question:

Why is there a decline in sales in the past quarter?

Analytical question:

What is the relationship between the decline in sales and relevant variables?

Technique:

  • Regression analysis

Scatter plots with regression line.

Forming Analytical Questions

Let's practice!

Forming Analytical Questions

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