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What is an analysis period?

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Summary

Learn about what constitutes an analysis period in MindBridge.

Analysis period

An analysis period is the date range for a period under audit. This date range is considered the “current period” and can be any length of time. Entries that fall into the range will be scored and visualized after the analysis is run. In addition to the current period, you can add up to 4 additional “prior periods” for a more robust and historical view of the data.

Note: Analysis periods within the same analysis cannot overlap, but gaps between periods may exist.

The analysis period is typically defined during analysis creation, where you can create:

  • An interim analysis: Define the start and end dates for the entire duration of the current period
  • A full period analysis: Set an interim as-at date that must occur on or after the start date

Change the analysis period

You can change the analysis period after the analysis has been created from:

  • The Data page, if no data has been imported for the period, or
  • The Analysis Period step of the data import process

The Analysis Period step includes a summary of the imported data imported as it relates to the defined analysis period. Here you will see the defined analysis period, the number of entries within the period, the number of entries outside of the period, the credit and debit values of the entries within the period, and a graph displaying the distribution of entries based on the effective date with the period for reference.

gl-analysis-period.gif


After the data is imported, the analysis period affects a number of areas across MindBridge, including:

Note: Out-of-period entries are shown on the data table for the current period to provide a reference for cut-off procedures. To see out-of-period entries, you must change the data table view to show entries "After Current Period".

Leverage prior periods

Adding prior periods to an analysis provides visuals to compare data in the Ratios and Trends dashboards on a year-over-year basis. 

Up to 4 prior periods can be added to any analysis. Adding all 4 allows MindBridge to calculate an expected range in the current period, which is represented by a grey bar on the Trends dashboard and certain ratios.

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