Data Analytics: Introduction, Types of Data Analytics, Examples and Applications of Data Analytics

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This video explains about Data Analytics: Introduction, Types of Data Analytics, Examples and Applications of Data Analytics

Data Analytics is a process of collecting data and organizing it to draw conclusions from it.

Process Involves:
-Inspecting data
-Cleansing data
-Transforming data &
-Modeling data

Data analysis process includes five steps.

1. Asking right questions
2. Data pre-processing
3. Exploratory data analysis
4. Drawing conclusions
5. Communicating results

Data Analytics can be broken into four key types:

Descriptive Analytics:

Diagnostic Analytics:

Predictive Analytics:

Prescriptive Analytics:

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