Retrieval Augmented Generation For Correlation: A Revolutionary Approach to Data Analysis
Correlation is a statistical measure that indicates the relationship between two variables. In simple terms, it tells us how two variables are related to each other and if there is a pattern or trend between them. As researchers, marketers, and organizations, understanding correlation can provide valuable insights and help make more informed decisions. In this article, we will explore the concept of correlation, its benefits, and how retrieval augmented generation is changing the game for data analysis.
Correlation is often represented by a correlation coefficient, which is a number between -1 and 1. A positive correlation coefficient indicates a direct relationship between the two variables, meaning that as one variable increases, the other also increases. On the other hand, a negative correlation coefficient indicates an inverse relationship, where one variable increases while the other decreases.
For example, as the temperature increases, so does the demand for ice cream. This is an example of a positive correlation. On the other hand, as the number of hours spent studying increases, the number of mistakes made on a test decreases. This is an example of a negative correlation.
The Benefits of Correlation Analysis
There are many benefits to conducting correlation analysis, especially for researchers, marketers, and organizations. Here are a few key advantages:
1. Identifying Relationships
Correlation analysis allows us to identify relationships between variables, which can provide valuable insights. For example, a marketer may use correlation analysis to understand the relationship between advertising spend and sales. This can help them determine the most effective way to allocate their budget for maximum ROI.
2. Predictive Power
Correlation analysis can also help predict future outcomes based on the relationship between variables. For instance, a researcher may use correlation analysis to understand the relationship between smoking and lung cancer. This can help predict the likelihood of developing lung cancer based on smoking habits.
3. Data Visualization
Correlation analysis can be visually represented through graphs and charts, making it easier to interpret and understand. This allows researchers, marketers, and organizations to communicate their findings more effectively and make data-driven decisions.
The Emergence of Retrieval Augmented Generation
Traditionally, correlation analysis has been conducted manually, using statistical software. However, with the advancement of technology, a new approach called retrieval augmented generation (RAG) is changing the game.
RAG is a combination of two powerful techniques – retrieval-based and generative-based models. It uses a large language model, such as GPT-3, to generate text based on the input given. This means that instead of manually conducting correlation analysis, RAG can automatically generate insights and predictions based on the data provided.
How RAG is Revolutionizing Data Analysis
RAG has many advantages over traditional methods of conducting correlation analysis. Here are a few key ways it is revolutionizing data analysis:
1. Faster and More Accurate Results
RAG can process and analyze large amounts of data at a faster rate than humans. This means that researchers, marketers, and organizations can get more accurate results in a fraction of the time it would take to do it manually.
2. No Bias or Human Error
With RAG, there is no room for human bias or error. This ensures that the results are purely based on the data and not influenced by personal opinions or mistakes.
3. Ability to Handle Complex Data
RAG can handle complex and unstructured data, making it suitable for a wide range of industries and use cases. This allows researchers, marketers, and organizations to gain insights and predictions from data that was previously too difficult to analyze.
Correlation analysis is a powerful tool for understanding the relationship between variables and making data-driven decisions. And with the emergence of retrieval augmented generation, data analysis is becoming faster, more accurate, and more accessible. As a researcher, marketer, or organization, utilizing RAG can provide valuable insights and give you a competitive edge. So why not give it a try and see the impact it can have on your data analysis process?
How To Use Speak’s Retrieval Augmented Generation For Correlation
Step 1: Create Your Speak Account
To start your transcription and analysis, you first need to create a Speak account. No worries, this is super easy to do!
Get a 14-day trial with 30 minutes of free audio and video transcription and analysis included when you sign up for Speak.
To sign up for Speak and start using Speak Magic Prompts with retrieval augmented generation, just visit the Speak app register page here.
Step 2: Upload Your Correlation
We typically recommend MP4s for video or MP3s for audio.
However, we accept a range of audio, video and text file types.
You can upload your file for transcription in several ways using Speak:
Accepted Audio File Types
Accepted Video File Types
Accepted Text File Types
- Word Doc
You can also upload CSVs of text files or audio and video files. You can learn more about CSV uploads and download Speak-compatible CSVs here.
With the CSVs, you can upload anything from dozens of YouTube videos to thousands of Correlation files.
Publicly Available URLs
You can also upload media to Speak through a publicly available URL.
As long as the file type extension is available at the end of the URL you will have no problem importing your recording for automatic transcription and analysis.
Speak is compatible with YouTube videos. All you have to do is copy the URL of the YouTube video (for example, https://www.youtube.com/watch?v=qKfcLcHeivc).
Speak will automatically find the file, calculate the length, and import the video.
If using YouTube videos, please make sure you use the full link and not the shortened YouTube snippet. Additionally, make sure you remove the channel name from the URL.
This library of integrations continues to grow! Have a request? Feel encouraged to send us a message.
Step 3: Calculate and Pay the Total Automatically
Once you have your file(s) ready and load it into Speak, it will automatically calculate the total cost (you get 30 minutes of audio and video free in the 14-day trial – take advantage of it!).
If you are uploading text data into Speak, you do not currently have to pay any cost. Only the Speak Magic Prompts analysis would create a fee which will be detailed below.
Once you go over your 30 minutes or need to use Speak Magic Prompts, you can pay by subscribing to a personalized plan using our real-time calculator.
Step 4: Wait for Speak to Analyze Your Correlation
If you are uploading audio and video, our automated transcription software will prepare your transcript quickly. Once completed, you will get an email notification that your transcript is complete.
That email will contain a link back to the file so you can access the interactive media player with the transcript, analysis, and export formats ready for you.
If you are importing CSVs or uploading text files Speak will generally analyze the information much more quickly.
Speak will automatically embed your data in a well-architected vector database which allows you to use retrieval augmented generation for Correlation.
Step 5: Visit Your File Or Folder
Speak is capable of analyzing both individual files and entire folders of data.
When you are viewing any individual file in Speak, all you have to do is click on the “Prompts” button.
If you want to analyze many files, all you have to do is add the files you want to analyze into a folder within Speak.
You can do that by adding new files into Speak or you can organize your current files into your desired folder with the software’s easy editing functionality.
Step 6: Select Speak Magic Prompts To Analyze Your Correlation
What Are Magic Prompts?
Speak Magic Prompts leverage innovation in artificial intelligence models often referred to as “generative AI”.
These models have analyzed huge amounts of data from across the internet to gain an understanding of language.
With that understanding, these “large language models” are capable of performing mind-bending tasks!
With Speak Magic Prompts, you can now perform those tasks on the audio, video and text data in your Speak account.
Retrieval augmented generation is what makes these Magic Prompts work so well.
Step 7: Select or Create Your Assistant Type
To help you get better results from Speak Magic Prompts, Speak has introduced “Assistant Type”.
These assistant types pre-set and provide context to the prompt engine for more concise, meaningful outputs based on your needs.
To begin, we have included:
Choose the most relevant assistant type from the dropdown.
You can also create your own custom Assistant Template Type.
If you visit the new page Account Preferences, you can see there is now an area where you can create your own custom Assistant.
This allows you to set the context of the engine for higher quality and more consistent outputs.
For example, you could say:
“We are [COMPANY NAME]. We are analyzing [DATA] to understand how to improve [GOAL]. We want all responses to be concise and in table format.”.
This becomes a reusable template in any of your manual or automated Magic Prompts.
You can create multiple templates for different use cases.
As an example, the analysis you run on a focus group may be different than a one-on-one interview.
Step 8: Create Or Select Your Desired Prompt
Here are some examples prompts that you can apply to any file right now:
- Create a SWOT Analysis
- Give me the top action items
- Create a bullet point list summary
- Tell me the key issues that were left unresolved
- Tell me what questions were asked
A modal will pop up so you can use the suggested prompts we shared above to instantly and magically get your answers.
If you have your own prompts you want to create, select “Custom Prompt” from the dropdown and another text box will open where you can ask anything you want of your data!
Step 9: Review & Share Responses
Speak will generate a concise response for you in a text box below the prompt selection dropdown. With Chat enabled, you can also continue to query that data to reveal more insights and reformat the information to your needs.
In this example, we ask to analyze all the Correlation in the folder at once for the top product dissatisfiers.
You can easily copy that response for your presentations, content, emails, team members and more!
Speak Magic Prompts Pricing
Our team at Speak Ai continues to optimize the pricing for Magic Prompts and Speak as a whole.
Right now, anyone in the 14-day trial of Speak gets 100,000 characters included in their account.
If you need more characters, you can easily include Speak Magic Prompts in your plan when you create a subscription.
You can also upgrade the number of characters in your account if you already have a subscription.
Both options are available on the subscription page.
Alternatively, you can use Speak Magic Prompts by adding a balance to your account. The balance will be used as you analyze characters.
Completely Personalize Your Plan 📝
Here at Speak, we’ve made it incredibly easy to personalize your subscription.
Once you sign up, just visit our custom plan builder and select the media volume, team size, and features you want to get a plan that fits your needs.
No more rigid plans. Upgrade, downgrade or cancel at any time.
Claim Your Special Offer 🎁
When you subscribe, you will also get a free premium add-on for three months!
That means you save up to $50 USD per month and $150 USD in total.
Once you subscribe to a plan, all you have to do is send us a live chat with your selected premium add-on from the list below:
- Premium Export Options (Word, CSV & More)
- Custom Categories & Insights
- Recorder Customization (Branding, Input & More)
- Media Player Customization
- Shareable Media Libraries
We will put the add-on live in your account free of charge!
What are you waiting for?
Refer Others & Earn Real Money 💸
If you have friends, peers and followers interested in using our platform, you can earn real monthly money.
You will get paid a percentage of all sales whether the customers you refer to pay for a plan, automatically transcribe media or leverage professional transcription services.
Use this link to become an official Speak affiliate.
Check Out Our Dedicated Resources📚
Book A Free Implementation Session 🤝
It would be an honour to personally jump on an introductory call with you to make sure you are set up for success.
Just use our Calendly link to find a time that works well for you. We look forward to meeting you!