1. Data analytics involves extracting trends, patterns, and relevant information from raw data to draw conclusions. It has multiple approaches and techniques.
2. The data analytics life cycle includes discovery, data preparation, model planning, model building, communicating results, and operationalizing results.
3. Descriptive analytics focuses on summarized facts from the past, predictive analytics makes predictions about the future based on patterns in historical data, and prescriptive analytics recommends decisions and actions.
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1. Data analytics involves extracting trends, patterns, and relevant information from raw data to draw conclusions. It has multiple approaches and techniques.
2. The data analytics life cycle includes discovery, data preparation, model planning, model building, communicating results, and operationalizing results.
3. Descriptive analytics focuses on summarized facts from the past, predictive analytics makes predictions about the future based on patterns in historical data, and prescriptive analytics recommends decisions and actions.
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HỆ THỐNG THÔNG TIN KINH TẾ TOÀN CẦUUUUUUUUU Ú HU
1. The definition of data analytics? (Lesson 2)
- Data analytics is the science of extracting trends, patterns, and relevant information from raw data to draw conclusions. - It has multiple approaches, multiple dimensions, and diverse techniques. 2. Present data analytics life cycle? (Lesson 2) Discovery: Learn about business domain and assess available resources. Data Preparation: Execute ELT (extract, load, and,transform). Model Planning: Identify techniques and datato understand variables, relationship. Model Building: Develop data sets for testing, training, and production. Communicate Results: Identify key findings, business, values, and develop narratives for stakeholders. Operationalize: Deliver final reports, briefs, codes, and technical documents. 3. Describe stages of data analytics? (Lesson 2) Descriptive analytics is designed to access information about the past. It focuses on the summarized view of facts. It is the conventional form of analytics. Its purpose is to summarize the findings. Data aggregation is the process of gathering and expressing information in a summarized form. Tools used for data aggregation include MS Excel, MATLAB, SPSS, and STATA. Company report is an example of descriptive analytics. 4. List the terminologies used in data analytics? (Lesson 3)( này kêu liệt kê thui, tại t ngựa) Observation: Observation is a single row or a record of data from the database Data Sampling : Data sampling is a statistical analysis technique used to select, manipulate ,and analyze a representative subset of data points. Data Set: Data set is a collection of data or the total data captured about a particular use case. Prediction: The goal of prediction is to move from what has happened to providing the best assessment of what will happen. HỆ THỐNG THÔNG TIN KINH TẾ TOÀN CẦUUUUUUUUU Ú HU
5. Describe the types of data? (Lesson 3)
Structured Data It is the data that is processed, stored, and retrieved in a fixed format. Unstructured Data It is the type of data that lacks any specific form or structure. Semi-Structured Data It is the data type containing both structured and unstructured data. 6. Explain the levels of measurement? (Lesson 3) It is a classification that describes the nature of information within the values assigned to variables: Nominal: In nominal level of measurement, numbers in the variable are used to classify data. At this level, words, letters, and alphanumeric symbols can be used. Ordinal: Ordinal level of measurement depicts ordered relationship among the variable’s observations. It indicates an order of the measurements Interval: The interval level of measurement classifies and orders the measurements. It also specifies that the distances between each interval on the scale are equivalent. Ratio: In the ratio level of measurement, observations can have a value of zero. Although properties of ratio measurement are similar to the interval level of measurement, the zero in scale makes it different from the other levels of measurement. HỆ THỐNG THÔNG TIN KINH TẾ TOÀN CẦUUUUUUUUU Ú HU
7. Describe the importance of data visualization? (Lesson 4)
Data visualization tools provide access to trends, outliers, and patterns in data. Data in user-friendly charts help businesses gain insights to make right decisions. They help organize and present important findings from the data. Data analytics tool allows a user to present massive data intuitively. Decision makers see patterns, trends, and correlations in the data being analyzed. It help decision makers in cutting costs or improving operational processes. 8. Describe types of Data Science? (Lesson 5) Data science is the study of data, which involves gathering, storing, analyzing, and plotting data, to effectively extract useful information. Data Science: Data Analytics: Data analytics is the process of examining and analyzing raw data sets to: Draw conclusion, Derive information, Derive insights from raw data sources. Machine Data: Learns from patterns in the past using a set of algorithms Predicts outcomes accurately Mining Learning: Data mining is the process of analyzing data from different perspectives. It summarizes data into useful information. It helps increase revenue and cut costs. 9. Describe the various stages of data science methodology? (Lesson 6) 10. Questions related to the group exercise?
DATA MINING and MACHINE LEARNING. PREDICTIVE TECHNIQUES: ENSEMBLE METHODS, BOOSTING, BAGGING, RANDOM FOREST, DECISION TREES and REGRESSION TREES.: Examples with MATLAB