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GK821567 Data Analysis Deep Dive

Data Analysis is a process of applying statistical and mathematical techniques systematically to understand, explore, and analyze data to find patterns, and draw inferences that help businesses make data-driven decisions. This typically involves multiple activities such as data collection, exploration, cleaning, pre-processing, and organizing data. Many times, data analysis is an iterative ongoing process where the data is continuously collected and analyzed simultaneously. There are two primary methods for data analysis. Qualitative techniques and quantitative techniques. Quantitative data analysis techniques involve working with quantitative/numerical data including statistics, percentages, and calculations. These techniques also include working with algorithms, mathematical analysis tools, and software to manipulate data and uncover hidden business value. For example, quantitative data analysis used to assess market data helps a company decide a price for its new product.
Qualitative data analysis involves, working with non-numerical data i.e categorical variables. Qualitative data analysis is also used in many business processes, such as identifying themes and patterns, answering research questions, etc to improve a product. This course provides an overview of data concepts and what data analysis is and then deep dives into the fundamentals of Data Analysis such as statistics and probability. This course also focuses on widely used data analysis methods such as regression along with detailed steps to perform the same. *Must have Microsoft Excel in order to complete class activities.

Kontakt oss: Kurs@sgpartner.no

Kurskode: GK821567 Kategori , Tag Merke:

COURSE OBJECTIVE:
• Data Analysis process, benefits and use cases • Basic of Probability and Statistics • Measure of data spread and distributions • Inferential Statistics and Hypothesis Testing • Applications of Statistics and Probability theory • Forecast trends using linear regression analysis

 

TARGET AUDIENCE:
This data analysis course is perfect for anyone who needs an introduction to Data Analysis such as Business Analysts, Management, Engineers, Developers

COURSE PREREQUISITES:
• Some familiarity with data terminologies • MS Excel for Exercises

COURSE CONTENT:
• 1. All about Data

Data in the real world • A brief on various formats and sources of data • 7 V's of Data • Structured vs Unstructured vs Semi-Structured data • Data processing typesIntroduction to Data Analysis • Need for Data Analysis • Applications and Use Cases of Data Analysis • Data Analysis Methodology • Types of variables • Numerical vs Categorial VariablesDescriptive Statistics • Measures of Central Tendency • Measures of Dispersion • Data Skewness and Kurtosis • Understanding Outliers • Understanding missing values • Role of Descriptive Statistics in Data AnalysisInferential Statistics • Population and Sample • Statistics vs ParametersIntroduction to Probability • Basics of Probability • Axioms of Probability • Conditional Probability and Bayes theorem • 2. Applications of Conditional Probability

Understanding Probability Distributions • Discrete Probability Distributions • Continuous Probability Distributions • Performing Distributions in Excel • Why understanding Data Distributions is important for Data AnalysisData Analysis Process • Understanding Covariance and Correlation • Understanding univariate vs Bivariate vs Multi variate data analysis • Understanding Regression • Simple Linear Regression • Multiple Linear Regression • ExerciseIntroduction to Predictive Analytics • Exercise

FOLLOW ON COURSES:
Not available. Please contact.

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