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Data Analytics Introduction

Data Analytics involves examining and interpreting data to support decision-making through techniques from statistics and computer science. The four main types are Descriptive, Diagnostic, Predictive, and Prescriptive Analytics, each serving different purposes. Key tools include Excel, SQL, Python, and Tableau, with applications across various industries to optimize operations and enhance performance.

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7 views1 page

Data Analytics Introduction

Data Analytics involves examining and interpreting data to support decision-making through techniques from statistics and computer science. The four main types are Descriptive, Diagnostic, Predictive, and Prescriptive Analytics, each serving different purposes. Key tools include Excel, SQL, Python, and Tableau, with applications across various industries to optimize operations and enhance performance.

Uploaded by

nikita.kirar04
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Introduction to Data Analytics

Data Analytics is the process of examining, cleaning, transforming, and interpreting data to discover

useful information, draw conclusions, and support decision-making. It involves various techniques

from statistics, computer science, and information technology to uncover patterns and insights from

structured or unstructured data.

There are four main types of data analytics:

1. Descriptive Analytics: Describes what has happened over a given period of time.

2. Diagnostic Analytics: Explains why something happened.

3. Predictive Analytics: Forecasts future trends based on historical data.

4. Prescriptive Analytics: Recommends actions based on the predicted outcomes.

Key tools used in data analytics include Excel, SQL, Python, R, Tableau, and Power BI. These tools

help analysts to gather, visualize, and interpret data effectively.

Applications of data analytics span across industries like finance, healthcare, marketing, retail, and

more. It enables businesses to optimize operations, understand customer behavior, improve

services, and gain a competitive edge.

In summary, data analytics empowers organizations to make data-driven decisions that enhance

performance and drive innovation.

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