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Data Analytics Foundations: Part-1 ๐๐ป
๐ What is Data Analytics?
Itโs the process of examining data to uncover insights, trends, and patterns to support decision-making.
๐ 4 Key Types of Data Analytics:
1๏ธโฃ Descriptive Analytics โ What happened?
โ Summarizes past data (e.g., sales reports)
2๏ธโฃ Diagnostic Analytics โ Why did it happen?
โ Identifies causes/trends behind outcomes
3๏ธโฃ Predictive Analytics โ What might happen next?
โ Uses models to forecast future outcomes
4๏ธโฃ Prescriptive Analytics โ What should we do?
โ Recommends actions based on data insights
๐งฐ Popular Tools in Data Analytics:
1. Excel / Google Sheets
โ Basics of data cleaning, formulas, pivot tables
2. SQL
โ Extract, join, and filter data from databases
3. Power BI / Tableau
โ Create dashboards and visual reports
4. Python (Pandas, NumPy, Matplotlib)
โ Automate tasks, analyze large datasets, visualize insights
5. R
โ Statistical analysis and data modeling
6. Google Data Studio
โ Simple, free tool for creating interactive dashboards
7. SAS / SPSS (for statistical work)
โ Used in healthcare, finance, and academic sectors
๐ Basic Skills Needed:
โข Data cleaning & preparation
โข Data visualization
โข Statistical analysis
โข Business understanding
โข Storytelling with data
๐ฌ Tap โค๏ธ for more!
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