Types of Data Analysis. 1. Descriptive Analysis 2. Diagnostic Analysis 3. Predictive Analysis 4. Prescriptive Analysis 5. Exploratory Analysis In order to achieving Real-Time Visibility in 3PL. DM me "data" for checklist. #PowerBI #DataAnalytics #datascience #visualization #data #dataanalysis #businessintelligence #datavisualization
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💡 𝑬𝒙𝒑𝒍𝒐𝒓𝒂𝒕𝒐𝒓𝒚 𝒅𝒂𝒕𝒂 𝒂𝒏𝒂𝒍𝒚𝒔𝒊𝒔 (𝑬𝑫𝑨) : is a technique used to understand the characteristics of a dataset. It involves summarizing the data, visualizing it in different ways, and identifying patterns and relationships between variables. It is like getting to know our data before diving into more complex analysis. 𝐓𝐡𝐞 𝐤𝐞𝐲 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐄𝐃𝐀: ✔ 𝑼𝒏𝒄𝒐𝒗𝒆𝒓𝒔 𝒑𝒂𝒕𝒕𝒆𝒓𝒏𝒔 𝒂𝒏𝒅 𝒕𝒓𝒆𝒏𝒅𝒔 : EDA can help us identify interesting relationships between different pieces of data. ✔ 𝑺𝒑𝒐𝒕𝒔 𝒐𝒖𝒕𝒍𝒊𝒆𝒓𝒔 : EDA can help us find data points that fall outside the expected range, which could indicate errors or interesting insights. ✔ 𝑰𝒅𝒆𝒂 𝒐𝒏 𝒇𝒖𝒓𝒕𝒉𝒆𝒓 𝒂𝒏𝒂𝒍𝒚𝒔𝒊𝒔 : By understanding our data better, we can make better decisions about how to analyze it further or what models to build. 𝑬𝑫𝑨 𝒊𝒔 𝒍𝒊𝒌𝒆 𝒂 𝒇𝒊𝒓𝒔𝒕 𝒄𝒐𝒏𝒗𝒆𝒓𝒔𝒂𝒕𝒊𝒐𝒏 𝒘𝒊𝒕𝒉 𝒐𝒖𝒓 𝒅𝒂𝒕𝒂. ☀ 𝑬𝒏𝒋𝒐𝒚 𝒅𝒊𝒗𝒊𝒏𝒈 𝒊𝒏𝒕𝒐 𝒕𝒉𝒆 𝒅𝒂𝒕𝒂! #data #dataanalytics #dataanalysis #exploratorydataanalysis #businessanalytics
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📊💡 Learn the most advanced techniques in data analysis, from data collection and cleaning to visualization and presentation of valuable insights. Boost your career in the exciting world of data analytics! #DataAnalytics #ProfessionalCertification #DataExpert
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📊💡 Learn the most advanced techniques in data analysis, from data collection and cleaning to visualization and presentation of valuable insights. Boost your career in the exciting world of data analytics! #DataAnalytics #ProfessionalCertification #DataExpert
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🚨 Common Mistakes in Data Analysis & How to Avoid Them 🚦 🔍 Ignoring Data Quality Checks ✔️ Validate data accuracy before analyzing. 🔗 Misinterpreting Correlations as Causations ⚠️ Correlation isn’t always cause-effect. 📉 Overfitting Models During Analysis 🎯 Balance complexity for better predictions. 📊 Neglecting Business Context 🌍 Align analysis with real-world goals. 📝 Failing to Document Processes 📂 Track steps for transparency and improvement. 💡 Avoid these pitfalls for better insights and impactful analysis! 🔗 #DataAnalysis #Analytics #DataScienceTips #BigData #DataVisualization #MachineLearning #Insights #BusinessStrategy
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Data analysis is like solving a puzzle 🧩 1️⃣ Define the problem 2️⃣ Collect and clean the data 3️⃣ Analyze patterns 4️⃣ Present findings This structured approach helps break down complex data and extract valuable insights. How do you approach data analysis? #ProcessOptimization #DataAnalysis
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🔍 Data Analysis Workflow: Turning Raw Data into Valuable Business Insights 🔍 Understanding the journey from data loading to delivering actionable business insights is key for any data professional. Here’s a step-by-step breakdown: 1️⃣ Distinguish Attributes: Identify key attributes to focus on and analyze. 2️⃣ Univariate Analysis: Dive into individual variables to understand their distribution. 3️⃣ Bi-/Multivariate Analysis: Explore relationships between variables for deeper insights. 4️⃣ Detect Aberrant and Missing Values: Clean the data to ensure accuracy. 5️⃣ Detect Outliers: Identify and handle outliers that could skew results. 6️⃣ Feature Engineering: Create new features to enhance model performance. From data preparation to insight generation, each step builds a stronger foundation for data-driven decision-making. 📊✨ #DataScience #DataAnalysis #FeatureEngineering #BusinessIntelligence #DataCleaning #Analytics #Insights
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🔍 Exploring Data with EDA Visualizations! 📊 In Exploratory Data Analysis, visualizations are key to understanding data patterns and relationships. Here’s a breakdown: 1️⃣ Univariate Analysis: Analyzing one variable at a time to understand its distribution. Example: Histograms 📈 2️⃣ Bivariate Analysis: Comparing two variables to uncover relationships. Example: Scatter Plot 🔄 3️⃣ Multivariate Analysis: Examining three or more variables simultaneously to detect complex interactions. Example: Cluster Analysis 🔗 Each visualization type offers unique insights, making data exploration both efficient and insightful! 💡✨ 🏷️Tagging Venkata Naga Sai Kumar Bysani , Shubhankit Sirvaiya , Korrapati Jaswanth , Aman Kharwal , Krish Naik , Md Riyazuddin↗️ , Smriti Mishra , Avi Chawla , Arif Alam for better reach. #EDA #DataVisualization #Univariate #Bivariate #Multivariate #DataScience #Analytics #DataAnalysis
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Starting a new data project doesn't need to be scary. (but it used to be for me) Where do I start? What does my data look like? Is my data prepped and ready for my analysis? All of these questions can be answered by one thing: exploratory data analysis. Where do I start? ↳Get to know your data with EDA. What does my data look like? ↳Use basic data viz and summary statistics with EDA. Is my data prepped and ready for my analysis? ↳QA your data to find empty values, duplicates, and outliers with EDA. Taking the first step is often the hardest so my answer is: do an exploratory data analysis, get to know your data, and then move forward. #data #dataanalytics #businessintelligence #eda
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Data Exploration#Data Collection#Data Loading#Data Cleaning#Descriptive Statistics#Data Visualization#Feature Identification#Data Distribution Analysis#Correlation Analysis#Data Profiling#Hypothesis Generation#Data Exploration: Begin by exploring the dataset through summary statistics, visualizations, and descriptive analyses. Understand the distribution of the data, identify any patterns or trends, and gain insights into the typical range and variability of observations.
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My one-line definition of Data Analysis: Data analysis is extracting valuable and actionable insights from complex datasets. Actionable insights mean: 🔍 Uncovering hidden patterns and trends 📊 Visualizing data in clear, compelling ways 💡 Providing recommendations based on findings 🎯 Aligning insights with business objectives #BID #DataAnalysis #DataVisualization #MishBytes
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