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Data Analytics Starter Pack

The document outlines a data analysis course consisting of two modules with eight lessons each. Each lesson includes practice assignments and slides. The course teaches data analysis concepts and the R programming language. Examples are provided for descriptive, diagnostic, predictive, and prescriptive types of data analysis.

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Nima Hassan Noor
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102 views3 pages

Data Analytics Starter Pack

The document outlines a data analysis course consisting of two modules with eight lessons each. Each lesson includes practice assignments and slides. The course teaches data analysis concepts and the R programming language. Examples are provided for descriptive, diagnostic, predictive, and prescriptive types of data analysis.

Uploaded by

Nima Hassan Noor
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Diploma in

Data Analysis
Starter Pack
Module 1

Lesson 1: Starting your data analyst journey


Lesson 2: Exploring data
Lesson 3: Probability
Lesson 4: Distributing data
Data Analysis Lesson 5: How confident are you in your sample?
Lesson 6: Hypothesising about the outcome
Course Outline Lesson 7: Testing for differences: categorical vars
Lesson 8: Testing for differences: numerical vars
In this Data Analysis course, you can
expect the modules comprising of
the following:
Module 2

Lesson 1: Introducing R
Each module consists of:
Lesson 2: Looking back at the journey
• 8 lessons
Lesson 3: Joining and tidying datasets
• 4 practice assignments
• 1 module assignment Lesson 4: Transformations

• Webinar slides Lesson 5: Dates and times


• Summary notes Lesson 6: Linear regression
• Bonus lessons Lesson 7: More on linear regression
Lesson 8: Multiple linear regression & tying everything together

Technical Requirements

• Dataset (download from your starter pack)


• Laptop and internet connection
Examples of Data Analysis

Data analysis is a somewhat abstract concept to understand


without the help of examples. To better illustrate how and why
data analysis is important for businesses, here are the 4 types
of data analysis and examples of each.

Descriptive Analysis
Descriptive data analysis looks at past data and tells what
happened. This is often used when tracking Key Performance
Indicators (KPIs), revenue, sales leads, and more.

Data Analysis
Diagnostic Analysis
Diagnostic data analysis aims to determine why something
happened. Once your descriptive analysis shows that
something negative or positive happened, diagnostic analysis
can be done to figure out the reason. A business may see that
leads increased in the month of October and use diagnostic
analysis to determine which marketing efforts contributed the
most.

Predictive Analysis
Predictive data analysis predicts what is likely to happen in the
future. In this type of research, trends are derived from past
data which are then used to form predictions about the future.
For example, to predict next year’s revenue, data from previous
years will be analysed. If revenue has gone up 20% every year
for many years, we would predict that revenue next year will
be 20% higher than this year. This is a simple example, but
predictive analysis can be applied to much more complicated
issues such as risk assessment, sales forecasting, or qualifying
leads.

Prescriptive Analysis
Prescriptive data analysis combines the information found
from the previous 3 types of data analysis and forms a plan of
action for the organization to face the issue or decision. This is
where the data-driven choices are made.

These 4 types of data analysis can be applied to any issue with


data related to it. And with the internet, data can be found
anywhere and everywhere you look.

References
Adapted from www.import.io

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