Chanda Agri-Tech

Data Analytics Course

Data Analytics

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๐Ÿ“Š Data Analytics โ€” Learning Topics

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Data Analytics is the systematic computational analysis of data to discover patterns, relationships, and insights that inform decision-making. It helps businesses, governments, and researchers make informed choices based on facts rather than intuition.

Key Objectives:

  • Understanding historical performance of business or systems.
  • Identifying patterns and correlations in datasets.
  • Forecasting future trends and behaviors.
  • Optimizing processes, resources, and decisions.

Types of Analytics:

  • Descriptive Analytics: Summarizes past data to understand what happened. Example: monthly sales reports.
  • Diagnostic Analytics: Explains why an event occurred. Example: why website traffic dropped last month.
  • Predictive Analytics: Uses historical data to predict future events. Example: predicting customer churn.
  • Prescriptive Analytics: Recommends actions to achieve desired outcomes. Example: suggesting stock levels to avoid shortages.

Applications: Healthcare diagnosis, marketing strategy, financial forecasting, supply chain optimization, fraud detection, sports analytics.

Popular Tools: Python, R, SQL, Excel, Tableau, Power BI, SAS. Emerging tools include AI-powered platforms and cloud analytics solutions.

Collecting accurate and relevant data is the first critical step in analytics. Data can be obtained from multiple sources and must be carefully verified for quality and integrity.

  • Primary Data: Directly collected through surveys, interviews, focus groups, experiments, IoT devices, sensors, or field observations.
  • Secondary Data: Gathered from published sources such as research papers, government reports, online datasets, company records, or open data repositories.

Data can also be classified as:

  • Structured: organized in tables with rows and columns.
  • Unstructured: text, images, videos, social media posts.
  • Semi-structured: JSON, XML, log files, emails.

Techniques: Web scraping, APIs, database queries, transactional logs, sensor readings, social media analytics.

Sampling Methods: Random, stratified, cluster, and systematic sampling help manage large datasets efficiently while maintaining representativeness.

Ethical Considerations: Obtain consent, respect privacy, anonymize personal data, and comply with regulations like GDPR or HIPAA.

Raw data often contains errors, missing values, or inconsistencies that must be addressed before analysis.

  • Remove duplicates, correct inconsistencies, and fix data entry errors.
  • Handle missing data using deletion, mean/mode imputation, interpolation, or predictive models.
  • Normalize and standardize numerical data for consistent scale.
  • Encode categorical variables using one-hot encoding, label encoding, or embeddings for machine learning.
  • Feature engineering: create new meaningful variables from existing data to improve model performance.
  • Data integration: combine datasets from multiple sources to form a unified dataset.
  • Document data preparation steps to maintain reproducibility and transparency.

Tools: Python (pandas, numpy), R, OpenRefine, Excel, SQL.

EDA involves analyzing datasets to summarize their main characteristics using statistical and visualization methods.

  • Compute descriptive statistics: mean, median, mode, standard deviation, quartiles, and variance.
  • Identify correlations and covariances to understand relationships between variables.
  • Detect outliers, anomalies, or missing patterns in data.
  • Visualize data using histograms, scatter plots, box plots, bar charts, line charts, and heatmaps.
  • Check for normality and skewness to inform model selection.

EDA is iterative and guides hypotheses for further statistical or predictive analysis.

Tools: Python (matplotlib, seaborn, plotly), R (ggplot2), Tableau, Power BI.

Statistics is the backbone of data analytics, providing methods to summarize, infer, and predict from data.

  • Descriptive statistics: summarize data numerically and graphically.
  • Inferential statistics: hypothesis testing, confidence intervals, ANOVA, regression analysis to generalize conclusions from samples to populations.
  • Probability theory: estimate likelihoods, risk assessment, and decision-making under uncertainty.
  • Time series analysis: detect trends, seasonality, and cyclic behavior in data over time.

Applications: sales forecasting, clinical trials, financial risk assessment, quality control.

Tools: Python (scipy, statsmodels), R, SPSS, SAS, Excel.

Visualization converts complex data into graphical formats to easily interpret and communicate insights.

  • Basic charts: bar, line, pie, scatter plots.
  • Advanced: interactive dashboards, heatmaps, tree maps, geospatial maps, and animated visuals.
  • Best practices: use clear labels, consistent colors, avoid clutter, highlight key insights.
  • Visualization improves decision-making, trend identification, and stakeholder communication.

Tools: Tableau, Power BI, Excel, Python (matplotlib, seaborn, plotly), R (ggplot2, Shiny).

Predictive modeling uses historical data to forecast future events, while machine learning builds algorithms that improve automatically through experience.

  • Supervised learning: regression, classification, decision trees, random forests.
  • Unsupervised learning: clustering, dimensionality reduction, anomaly detection.
  • Reinforcement learning: agent learns optimal actions through trial and error.
  • Model evaluation metrics: accuracy, precision, recall, F1-score, ROC-AUC, RMSE.
  • Feature selection and hyperparameter tuning improve model performance.

Applications: fraud detection, recommendation systems, predictive maintenance, customer segmentation.

Tools: Python (scikit-learn, tensorflow, keras), R (caret, mlr), Weka, SAS.

Big Data refers to large, complex datasets that traditional methods cannot handle efficiently. It requires specialized tools and frameworks.

  • 5Vs: Volume (size), Velocity (speed), Variety (types), Veracity (accuracy), Value (usefulness).
  • Frameworks: Hadoop, Spark for distributed processing; Hive for querying large datasets.
  • Databases: SQL for structured, NoSQL for unstructured or semi-structured data.
  • Cloud services: AWS, Azure, GCP provide scalable storage, processing, and analytics tools.
  • Applications: real-time analytics, sentiment analysis, IoT data processing, financial trading systems.

BI transforms data into actionable insights for informed decisions and competitive advantage.

  • Dashboards consolidate KPIs, metrics, and reports in an intuitive format.
  • Trend analysis identifies market opportunities or performance gaps.
  • Interactive reports allow users to drill down into detailed data.
  • Applications: finance, sales, marketing, HR, supply chain, and operations monitoring.
  • Tools: Power BI, Tableau, QlikView, Looker, Excel.

Data ethics ensures responsible use, privacy, and compliance in analytics practices.

  • Privacy: protect personal and sensitive information.
  • Security: ensure data integrity and prevent unauthorized access.
  • Compliance: adhere to GDPR, HIPAA, and other legal regulations.
  • Governance: establish policies for data quality, accountability, ownership, and lifecycle management.
  • Promotes trust, transparency, and sustainable use of data.

Examples: anonymizing customer data, auditing AI models for fairness, maintaining proper documentation of data sources.