DA Unit-2
DA Unit-2
Reporting Vs Analytics:
Analytics is now days used in all the fields ranging from Medical Science to Aero science to
Government Activities.
Data Science and Analytics are used by Manufacturing companies as well as Real
Estate firms to develop their business and solve various issues by the help of historical
data base.
Tools are the software that can be used for Analytics like SAS or R.
While techniques are the procedures to be followed to reach up to a solution.
Various steps involved in Analytics:
1. Access
2. Manage
3. Analyze
4. Report
1.Data Preparation
2. Reporting, Dashboards & Visualization
3. Segmentation Icon
4. Forecasting
5. Descriptive Modeling
6. Predictive Modeling
7. Optimization
Application of Modeling in Business
In manufacturing statistical models are used to define Warranty policies, solving various
conveyor related issues, Statistical Process Control etc.
Databases & Type of data and variables
Category of Data
Data can be categorized on various parameters like Categorical, Type etc.
Types of Data
Basic 2 types
Numeric
Character.
Numeric data can be further divided into sub group of
Discrete
Continuous.
Again, Data can be divided into 2 categories
Nominal
Ordinal.
Also based on usage data, divided into 2 categories
Quantitative
Qualitative
Manufacturing industry also has their data divided in the groups discussed above.
Like production quantity is a discrete quantity
While production rate is a continuous data.
Similarly quality parameter can be given ratings which ordinal data.
Data Modeling Techniques Overview
Missing Imputations
newdata<- na.omit(mydata)