What is data analytics Archives - Da-Research PR https://prada-research.net/category/what-is-data-analytics/ Blog about data analytics Thu, 27 Jul 2023 10:21:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.2 https://prada-research.net/wp-content/uploads/2022/10/cropped-1-32x32.jpg What is data analytics Archives - Da-Research PR https://prada-research.net/category/what-is-data-analytics/ 32 32 Data Analytics: Unlocking Insights with Programming Assignment Help https://prada-research.net/data-analytics-unlocking-insights-with-programming-assignment-help/ Fri, 21 Jul 2023 08:46:46 +0000 https://prada-research.net/?p=110 In the era of big data, data analytics has become a cornerstone for decision-making in various industries. To delve into the depths of data analytics, programming plays a pivotal role. For budding data analysts, programming assignment help can unlock the door to insights and enhance analytical capabilities. In this article, we’ll explore how programming assignment help can foster expertise in […]

The post Data Analytics: Unlocking Insights with Programming Assignment Help appeared first on Da-Research PR.

]]>
In the era of big data, data analytics has become a cornerstone for decision-making in various industries. To delve into the depths of data analytics, programming plays a pivotal role. For budding data analysts, programming assignment help can unlock the door to insights and enhance analytical capabilities. In this article, we’ll explore how programming assignment help can foster expertise in data analytics.

Programming helps you apply statistics to data: Data analysts are well-versed knowledge of analytics tools, but without adequate coding proficiency, they can’t apply analytical techniques to data. Programming provides the tools to apply statistics to data sets. With programming languages like R or Python, analysts can customize these techniques to the data at hand.

A Primer on Data Analytics and Programming

Data analytics involves examining, cleaning, transforming, and modeling data to extract useful information, draw conclusions, and support decision-making. On the other hand, programming is the backbone that enables efficient data analytics. Languages like Python, R, and SQL are popular choices in the data analytics realm. Understanding these languages and their libraries and tools is essential for anyone aspiring to become proficient in data analytics. Programming assignment help aids in this quest by providing support and guidance in coding, which is fundamental to data analytics.

Data analytics tools such as SAS, SPSS, and Excel allow for further analysis and presentation, including interactive data visualizations. Understanding the functionalities of these tools makes it simpler to interpret the data and draw meaningful conclusions. Although the need for programming may be reduced in these cases, an understanding of the fundamentals goes a long way in data analytics.

Streamlining Data Cleaning and Preprocessing

One of the critical steps in data analytics is data cleaning and preprocessing. It includes dealing with missing values, outliers, and normalization. Programming assignment help can be invaluable in understanding the algorithms and codes used for data cleaning. With tutorials, examples, and coding assignments, learners can familiarize themselves with libraries like Pandas in Python, which are instrumental in data cleaning. Mastery of data cleaning codes through programming assignment help ensures that the data is reliable and ready for analysis.

Enhancing Analytical Skills Through Data Visualization

Data visualization is an essential component of data analytics. It enables analysts to see patterns, trends, and insights that might not be evident in raw data. Programming languages offer various libraries for data visualization, such as Matplotlib for Python and ggplot2 for R. Programming assignment help can guide learners through the creation of plots, charts, and dashboards, ensuring they can effectively communicate the insights gleaned from data. By practicing through assignments, learners can enhance their skills and understand the best ways to represent data visually.

Mastering Statistical Analysis Techniques

At the core of data analytics is statistical analysis. To discern patterns and make predictions, analysts employ a range of statistical techniques such as regression analysis, hypothesis testing, and clustering. Programming assignment help can aid in mastering these techniques by providing coding assignments focusing on the application of statistics in data analytics. With guided assistance, learners can grasp the intricacies of writing codes for statistical analysis and implement them to uncover insights in datasets.

Data analysis also involves the use of visual tools. Charts and graphs provide a visual representation of data, enabling analysts to quickly uncover trends and draw insights from them. Programming assignment help can provide guidance on the coding needed to create and customize various types of charts and visualizations. They can also support individuals in developing the skills necessary to identify effective visual representations of data and effectively convey insights with graphically presented data.

Encouraging Exploration and Innovation

Programming assignment help is not just about solving problems; it’s also about fostering a sense of exploration and innovation. As data analytics is an evolving field, being curious and innovative is paramount. Programming assignment help can offer challenging assignments that push learners to think outside the box. By tackling these challenges, they can explore new ways of analyzing data, applying algorithms, or creating visualizations. This encouragement to innovate is essential for becoming a proficient data analyst capable of solving complex analytical problems.

Data analytics is about transforming data into information, information into knowledge, and knowledge into wisdom. Programming is the vehicle that drives this transformation. With programming assignment help, aspiring data analysts can streamline data cleaning, enhance data visualization skills, master statistical analysis techniques, and foster innovation. The amalgamation of programming startup.info proficiency and analytical prowess can unlock insights that are indispensable in today’s data-driven world. Investing in programming assignment help is an investment in building a foundation for a rewarding career in data analytics.

The post Data Analytics: Unlocking Insights with Programming Assignment Help appeared first on Da-Research PR.

]]>
What types of analytics are available https://prada-research.net/what-types-of-analytics-are-available/ Sun, 13 Jun 2021 07:42:00 +0000 https://prada-research.net/?p=25 The purpose of descriptive analytics, as the name implies, is simply to report what happened in the past. It doesn't try to explain why something happened, and it doesn't try to build cause and effect relationships.

The post What types of analytics are available appeared first on Da-Research PR.

]]>
№1. Descriptive Analytics (What Happened?)
The purpose of descriptive analytics, as the name implies, is simply to report what happened in the past. It doesn’t try to explain why something happened, and it doesn’t try to build cause and effect relationships. The main goal is to present a digestible picture.

Google Analytics is a fantastic example of descriptive analytics in action. It gives you a snapshot of what’s going on with your site. For example, how many visitors you’ve had over a period of time or where they came from. Similarly, systems like HubSpot will show you how many people opened a particular email or participated in a campaign.

But then there are two main methods that come into play in descriptive analytics; data aggregation and data mining. The process of collecting and presenting data in an aggregate format is known as data aggregation.

As a result, descriptive analytics compresses huge amounts of data into a clear basic summary of what happened. As we will see later, this is often the starting point for deeper analysis.

№ 2. Diagnostic analytics (Why did this happen?).
This is the type of analytics that tries to find out why something happened by digging deeper. The main goal of diagnostic analytics is to find anomalies in your data and respond to them. For example, if your descriptive analysis shows a 20% drop in sales in March, you’ll want to find out why. Diagnostic analytics basically helps you do that.

Diagnostic analytics applications.
Using this type of analytics, the analyst looks for any new data sources that might provide more information about the causes of the sales decline. They may go further and discover that despite a large number of website visitors and a large number of “add to cart” actions, only a small percentage of visitors actually make a purchase. Further investigation may reveal that the majority of customers dropped out during the time they entered their shipping address.

№3. Predictive analytics (What happens in the future?)
Predictive analytics seeks to anticipate what will happen in the future. However, this is possible based on past patterns and trends to help estimate the likelihood of a future business event or outcome.

Predictive models literally create predictions based on relationships between a set of variables. For example, you can use the correlation between seasonality and sales numbers to predict when sales will drop. So, if your predictive model predicts that sales will drop in the summer, you can use that information to create a summer-themed advertising campaign or cut spending elsewhere to make up for the seasonal drop.

On the other hand, you may be running a restaurant and want to know how many takeout orders you’ll get on a typical Saturday night. The results of this type of analytics can help you decide whether to hire an additional delivery driver.

№ 4. Prescriptive analytics (What’s the best course of action?).
To help determine the best course of action, prescriptive analytics examines what happened in the past, why it happened, and what might happen in the future. In other words, prescriptive analytics explains how best to take advantage of descriptive, diagnostic, and predictive analytics.

Nevertheless, it is the most complex type of analysis. This is because it involves many things, including machine learning algorithms, statistical approaches, and computational modeling procedures.

Essentially, a prescriptive model evaluates all the different choice models or paths a corporation might take, as well as their likely consequences. This allows us to visualize how each set of decisions might affect the future, as well as quantify the impact of a particular decision. Moving forward, the organization will be able to determine the best routes based on every conceivable scenario and consequence.

Predictive models are similarly used to calculate all the different “routes” a corporation can take to achieve its goals; with the best option in sight. And knowing which actions to take for the best chance of success is a tremendous asset to any company. So it’s not surprising that prescriptive analytics plays such a big role in business.

The post What types of analytics are available appeared first on Da-Research PR.

]]>
Where Big Data analytics systems are used and how to implement them https://prada-research.net/where-big-data-analytics-systems/ Fri, 06 Mar 2020 07:35:00 +0000 https://prada-research.net/?p=22 Medicine - making a diagnosis based on disease symptoms, identifying factors that provoke disease, determining the propensity to become ill in the future

The post Where Big Data analytics systems are used and how to implement them appeared first on Da-Research PR.

]]>
Let us note the areas of activity with the highest demand for data analytics, both descriptive and prescriptive:

  • Medicine – making a diagnosis based on disease symptoms, identifying factors that provoke disease, determining the propensity to become ill in the future, forming recommendations and prescribing drugs to treat and prevent illnesses.
  • Advertising and marketing – determining the effectiveness of promotional campaigns, identifying the most effective channels and forms of presenting information (personalized targeting), building referral systems, creating demand based on user interests and his behavior in the network, predicting and preventing customer churn (Churn Rate), and optimizing pricing.
  • Insurance and crediting – determining the exact amount of compensation or credit, scoring the client. For example, it is already implemented in a joint project between banks and Yandex, when banks evaluate the solvency of a potential borrower based on the history of his requests in the search engine.
  • Industry – identifying key factors that affect product quality and the performance of production processes, predicting equipment failures, scheduling preventive inspections and equipment repairs, forecasting product demand, optimizing production capacity utilization and warning of future emergencies.
  • Finance and security – detection and prevention of fraudulent operations (anti-fraud systems), detection of malicious programs and data leakage cases.
  • Human resource management (HR) – identifying key factors that influence employee competencies, creating a professional competency model, forecasting layoffs, preventing professional burnout and workplace conflicts.

Implementation of analytical Big Data systems is a complex step-by-step project that is often performed as part of business digitalization. Predictive analytics is at the top of the pyramid and relies on the previous levels: predictive, diagnostic, and descriptive. Therefore, in order to form optimal management decisions based on data, it is necessary, first of all, to accumulate a relevant amount of this information, sufficient to correctly train Machine Learning algorithms. Some analytical tasks are solved with the help of modern BI-tools, such as commercial platforms like Oracle Data Mining, SAP BusinessObjects Predictive Analysis, SAP Predictive Maintenance and Service, IBM Predictive Insights or open-source solutions (KNIME, Orange, RapidMiner). In practice, many enterprises that have embarked on the path of digital transformation, create their own systems of big data analytics. They use a variety of Big Data technologies, for example, Apache Hadoop – for storing information (in HDFS or HBase), Kafka – for collecting data from various sources, and Spark or Storm – for fast analytical processing of streaming information. In particular, this is how the recommendation system of the streaming service Spotify is implemented, which we described here. Thus, the organization of predictive and, even more so, prescriptive data analytics is one of the key challenges of digitalization of business.

The post Where Big Data analytics systems are used and how to implement them appeared first on Da-Research PR.

]]>
What is cognitive analytics? https://prada-research.net/what-is-cognitive-analytics/ Sat, 25 Jan 2020 07:45:00 +0000 https://prada-research.net/?p=28 Cognitive analytics is a branch of analytics that attempts to mimic the human brain by making inferences from existing data and patterns, drawing conclusions from existing knowledge bases

The post What is cognitive analytics? appeared first on Da-Research PR.

]]>
Cognitive analytics is a branch of analytics that attempts to mimic the human brain by making inferences from existing data and patterns, drawing conclusions from existing knowledge bases, and then reinserting information back into the knowledge base for future inferences. learning feedback loop.

Semantics, artificial intelligence algorithms, deep learning, and machine learning are just some of the clever technologies that make up cognitive analytics. A cognitive application can learn from its interactions with data and people and become smarter and more successful over time using these strategies.

Business professionals usually refer to cognitive analytics when talking about the different uses of big data for business intelligence. The general concept here is that businesses collect or combine large amounts of data from a variety of sources. Specific programs or other technologies analyze them in depth to provide specific results that help businesses better understand their internal processes, how the market gets their products and services, customer preferences, how customer loyalty is created or other key questions where accurate answers are used to provide the business with a competitive advantage.

Many of the practical challenges associated with high-level analytics include key issues such as the exact methods used to collect and store data at a central location, and the tools used to interpret that data in different ways. Companies must build good systems for cross-platform use of data and processing that data for a specific purpose. Technology vendors can provide analytics services and other useful help, but in the end, the practical use of analytics depends on the people who work in the company, where business leaders must not only know how to collect data, but also how to use it. correctly.

Cognitive analytics can refer to a number of different analytic strategies that are used to explore certain types of business-related functions, such as customer service. Some types of cognitive analytics can also be known as predictive analytics, where data mining and other cognitive uses of data can lead to predictions for business intelligence.

Cognitive analytics is also a company name and a brand name for business products.

The post What is cognitive analytics? appeared first on Da-Research PR.

]]>