Definitions for "Slice and Dice"
A term used to describe a complex data analysis function provided by multidimensional tools that allows users to view their data from any angle.
An OLAP user-initiated process of navigating by calling for page displays interactively, through the specification of slices via pivoting and drilling.
This is an informal term referring to data retrieval and manipulation. We can picture a data warehouse as a cube of data, where each axis of the cube represents a dimension. To "slice" the data is to retrieve a piece (a slice) of the cube by specifying measures and values for some or all of the dimensions. When we retrieve a data slice, we may also move and reorder its columns and rows as if we had diced the slice into many small pieces. A system with good slicing and dicing makes it easy to navigate through large amounts of data.
Dividing a stock market investment amongst several ETFs, each with differing ranges of company size and company fundamentals.