What is a dashboard?
A dashboard is a real-time user interface that depicts a graphical representation of the contemporary as well as historical trends of a company. It presents the information in a way that is easy to read and understand.It provides the visual display of the most important information, that is needed to achieve the goals and is strengthened and arranged on a single screen for quick access . It presents the information the way you think and work. The main role of a dashboard is it makes it easy for managers to monitor, examine, and sometimes add notes and make a quick decision. It converts the huge database into concise form. Dashboards indicates signs regarding a business allowing the users to know if something is wrong. Dashboards commonly execute summaries, comparisons, key trends and exceptions.
http://searchcio.techtarget.com/definition/dashboard
Mission Statement:
The Mission statement for our dashboard is developing an accurate and complete understanding of how gambling helps make money.
What is role of dashboards in business intelligence?
Business Intelligence features to convert the raw data into useful information.Dashboards are popular and important BI tools. A business intelligence dashboard is a data visualization tool that displays the current status of metrics and key performance indicators (KPIs) important to a particular target or business process (e.g. sales, marketing, human resources, or production) at one look. Dashboards enhance and arrange numbers,metrics and sometimes performance scorecards on a single screen. They may be modified for a specific role and exhibits the metrics that are aimed for a single point of view or department. The essential features of a BI dashboard product include a customizable interface and the ability to pull real-time data from multiple sources.
http://searchbusinessanalytics.techtarget.com/definition/business-intelligence-dashboard
How can dashboards help with big
data?
Many businesses have a large volume
of data that needs to be processed and kept in stock for years. In such cases many users can benefit from the use of strong powerful dashboard
applications, which allows saving and processing larger number of data.Dashboard presents the data to larger audiences.Dashboards distribute large amount of data to myriad users at one time.It is effective in managing large amounts of data.
How are dashboards useful in
business?
A dashboard is a business tool that plays a vital role in many different sectors of different businesses. It provides an overview of the vital information that the business users need to understand and improve the performance of company. It can save the employees time and the money of business. It classify the events correctly and
add up the right numbers and produce important facts. It is both efficient as well as effective way to access the data and information.Executives need to
know the return they are getting on their marketing cost.In CRM(customer relationship management) dashboards are an easy way to monitor business performance.
What enterprise and activity does
your dataset represent?
The Enterprise is Legalized Gambling
and the activity is gambling money on the slot machines. The industry that deals with the casinos is called the gaming industry. The data set represents a game of chance in gambling and in some cases with skilled elements like blackjack and video poker.It also shows the revenue earned from different slot machine games using different slot machine models at different periods in years 2010 and 2011.
Five Questions related to the Data set are :
Which Slot Machine Type pays out the most?
Attributes:
Slot Machine Type
Metric:
Pay Amount
Which Weather is ideal for revenue
growth (coin in)?
Attribute:
Weather
Metric:
Coin In Amount
Which Slot Machine Make has
the most coin in?
Attribute:
Slot Machine Make
Metric:
Coin in Amount
Which Slot Machine Game has the
highest Jackpot Amount?
Attribute:
Slot Machine Game
Metric:
Jackpot Amount
Which Slot Machine Make generated the most revenue?
Attribute:
Slot Machine Make
Metric:
Coin In Amount
Total Attributes and Metrics Characteristics:
Attributes:
- Slot Machine Type
- Weather
- Slot Machine Make
- Slot Machine Model
- Slot Machine Game
- Slot Machine Zone
Metric:
- Pay Out Amount
- Coin In
- Jackpot Amount
- Slot Win
Group Members:
Rawinder Kaur
Troy Mason
Alexander Saglaev
Andrew
Manjot Angi