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ENCYCLOPEDIA→   Enterprise Intelligence  →   -  Data Analysis/OLAP  →   -  Basic Data Analysis Types- Building Blocks  → 

Exception Analysis

Exception analysis throws-up the areas not meeting the expectations.

No one wants to know on what is going as expected. People are interested in finding out on what is going worse and what is better than expected.

Range Exception

This is simplest of all. If the value of a certain measure goes beyond a range of values, the analysis should highlight it. The range can be a 'defined range' (the temperature of patient should be between 98 Degree F and 102 degree F) OR an 'undefined range' (the stock index movement more than 2% either direction).

Value Exception

This analysis identifies, if an attribute OR measure value is belonging to OR not belonging to a specific list of values. For example a high 'credit-risk' customer spending on high value 'product'.

Conditional Exception

When you want to identify the occurrence of certain conditions.

For example- Let us say you want to highlight the exception instances, when a high customer value relationship has not used your credit card for three months and has been paying only the minimum due amount.

 

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More on Basic Data Analysis Types
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