Building basic alerting systems
In the previous parts of this chapter, you have seen an introduction to descriptive statistics and visualization.
Basic alerting systems will be covered as the last data analysis use case. In this part, you will see how you can use basic alerting systems on streaming data. For this, you will see how you can leverage descriptive statistics together with business rules to automatically generate alerts in real time. Example methods for alerting systems are as follows:
- Alerting systems on extreme values
- Alerting systems on process stability
- Alerting systems on constant variability
- Statistical process control and Lean Six Sigma control charts
Alerting systems on extreme values
The first example for alerting and monitoring systems on streaming data is the use case that you have seen in earlier chapters: coding a business rule that sends an alert once observed values are outside of hardcoded boundaries.
This example was coded...