Data Analytics
Data Analytics is the process of examining raw data to discover
patterns, trends, and insights that help in decision making.
It converts data into meaningful information.
1. What is Data Analytics?
Data Analytics involves collecting, cleaning, transforming, and analyzing data to answer questions and solve problems.
- Focuses on insights and decisions
- Uses statistical and computational methods
- Works on structured and unstructured data
2. Types of Data Analytics
- Descriptive Analytics
- Diagnostic Analytics
- Predictive Analytics
- Prescriptive Analytics
3. Descriptive Analytics
Descriptive analytics explains what happened in the past by summarizing historical data.
Examples: • Monthly sales report • Student result analysis • Website traffic summary
4. Diagnostic Analytics
Diagnostic analytics focuses on why something happened by finding root causes.
Examples: • Why did sales drop last month? • Why did server traffic increase?
5. Predictive Analytics
Predictive analytics uses historical data to predict future outcomes.
Examples: • Predict next month sales • Predict student performance • Predict customer churn
6. Prescriptive Analytics
Prescriptive analytics suggests actions to take for best possible outcomes.
Examples: • Best pricing strategy • Optimal inventory level • Recommended actions for growth
7. Data Analytics Process
Data Collection
↓
Data Cleaning
↓
Data Transformation
↓
Data Analysis
↓
Data Visualization
↓
Decision Making
8. Data Analytics Tools
- SQL
- Python
- R
- Excel
- Power BI
- Tableau
9. Data Analytics vs Data Mining
Data Analytics Data Mining --------------------------- ----------------------------- Focus on insights Focus on patterns Decision-oriented Discovery-oriented Uses reports & dashboards Uses algorithms
10. Applications of Data Analytics
- Business intelligence
- Healthcare analytics
- Education performance analysis
- Marketing strategy
- Financial forecasting
11. Advantages of Data Analytics
- Improved decision making
- Better understanding of data
- Predicts future trends
- Increases efficiency
12. Challenges of Data Analytics
- Data quality issues
- Data security and privacy
- Skill gap
- Tool and infrastructure cost
Practice Questions
- What is data analytics?
- Explain types of data analytics.
- Differentiate data analytics and data mining.
- Explain data analytics process.
- List data analytics tools.
Practice Task
Explain with examples:
✔ Descriptive analytics
✔ Predictive analytics
✔ Prescriptive analytics
✔ Data analytics process