Scribd
Upload
41 views4 pages

Data Analytics

The Data Analytics module (DATAN) aims to equip students with the skills to analyze data and make informed business decisions using advanced statistical tools. Key topics include probability, regression models, data management strategies, and the use of analytics tools like Excel and R. The course includes assessments through attendance, a mid-term assignment, and a final exam, with a grading system ranging from A to F.

Uploaded by

rajasree
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
41 views4 pages

Data Analytics

The Data Analytics module (DATAN) aims to equip students with the skills to analyze data and make informed business decisions using advanced statistical tools. Key topics include probability, regression models, data management strategies, and the use of analytics tools like Excel and R. The course includes assessments through attendance, a mid-term assignment, and a final exam, with a grading system ranging from A to F.

Uploaded by

rajasree
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 4

Module Name: Data Analytics

Module Code: DATAN

Credits: 5 ECTS

Guided Learning Hours: 40 Hrs

Aim:
Data Analytics is the science of analyzing data to convert information to useful knowledge.
This course prepares students to gather, describe, and analyze data, and use advanced
statistical tools to make decisions on operations, risk management, finance, marketing, etc.
Topics include probability, statistics, hypothesis testing, regression, clustering, decision
trees, and forecasting. At the end of the course students make better business decisions by
using advanced techniques in data analytics.

Learning Outcomes:

Learning
Description of the Outcome
Outcome

LO:01 Mathematical foundation of data analytics.

LO:02 Data Analytics Strategies and Processes

LO:03 Regression Models and Analysis

LO:04 Data analytics tools used in data analysis

Content:

LO:0fi Mathematical foundation of data analytics.

● Statistics- statistics vs. Parameter, Sampling Distribution, Normal distribution,


confidence interval.
● Data Properties - Random variables: Expected value, Mean, variance and
correlations.
● Statistical Concepts, Probability Theory, Randon & Multivariate Variables
● Data and Sampling distributions, Descriptive Statistics, Hypothesis Testing and P-
Values
● Practical aspects of working with probabilities.
● Ǫuality- Common vs specific variation, Common Causes and Specific Causes,
Stable and Unstable Processes.

1
LO:02 Data Analytics Strategies and Processes.

● Data- Ǫualitative and Ǫuantitative, Data Management, Sources of Data.


● Data Strategies - Visualizing the Data, Exploratory Analyses, Trend Analysis,
Estimation.
● Conceptualizing Data Analysis as a Process- Purpose, Ǫuestions, Data
Collection, Data Analysis Procedures and Methods, Interpretation/Identification
of Findings, Writing, Reporting, and Dissemination and Evaluation.
● Control Charts- Types of Control Charts: Continuous data, Classification data,
Count data.
● Continuous Data- X-bar and R Charts, P Charts, C Charts.
● Transformations and Random Walk Model
● Model building- Specification, Estimation, Diagnostic Checking
● Fundamental Concepts of Big Data.
● Overview of Hadoop- History of Hadoop, State-of-the-art computing
paradigms and platforms, Functioning of Hadoop.
● Introduction to the Big Data tools- Spark, Scala, Impala
● Content Area Analysis Using different Procedures and Methods
● Knowledge Management- processes, Policies and procedures for recording and
sharing information, Standardized Reporting and compliance.

LO:03 Regression Models and Analysis

● Regression Analysis- Use of Regression Analysis, Types of Regression Analysis,


Simple Regression Analysis, Multiple Regression Models.
● Simple Linear Regression- Estimation, Diagnostic Checking, Residuals, Market
Model- Stock Beta’s.
● Multiple Linear Regression- Diagnostic Checking, Predicting Values with
Multiple Regression, Using Cross-sectional Data for Predictions.
● Relationship between Series- Correlation, Autocorrelation, Cross Correlation.
● Intervention Analysis- Models for the Patterns, Patterns for Intervention Effect,
Estimating the Intervention Effect.
● Sampling Methods- Random Sampling, Stratified Sample, Systematic Sample
● The Analysis Of VAriance (ANOVA)- One-Way Analysis Of Variance, Two-Way
Analysis Of Variance

LO:04 Data analytics tools used in data analysis

● Data Analysis in Excel- Data validation, Represent data visually using pivot
charts, Calculate margins, common ratios using calculation on pivot table,
Filter data using slicers in multiple pivot tables, Create aggregate reports
using formula based techniques, Data Analysis Toolpak.

2
3
● Practical insight of using R - Calculate descriptive statistics, Prepare data for
analysis, Organize and modify data, Aggregate functions in R, Create
visualizations using the popular R package ggplot2 for real-world datasets.

Grading System
Grade Percentage Ǫuality Credit Points
A 91 - 100 Outstanding 4.0
A- 81 - 90 Excellent 3.75
B+ 71 - 80 Very Good 3.5
B 61 - 70 Good 3.0
B- 51 - 60 Satisfactory 2.5
C 40 - 50 Poor 2.0
F 0 - 39 Failure 0

Assessment:
Attendance: Percent of the final grade: fi0%
Mid-term Assignment : Percent of the final grade: 30%
Final Exam: Percentage of the final grade: 60%

References:

● Hastie, Trevor, et al, (2009), The elements of statistical learning, Vol. 2, New York:
springer.
● Montgomery, Douglas C., and George C. Runger, 2010, Applied statistics and
probability for engineers, John Wiley & Sons.
● Bhattacharyya, G. K., and R. A. Johnson, (1997), Statistical Concepts and Methods,
John Wiley and Sons, New York.
● R. Lyman Ott, 2010, An Introduction to Statistical Methods and Data Analysis Sixth
Edition.
● Alan C. Elliott and Wayne A. Woodward (2010), “SAS Essentials: A Guide to
Mastering SAS for Research”.
● Tom Plunkett, Mark Hornick (2013), “Using R to Unlock the Value of Big Data: Big
Data Analytics with Oracle R Enterprise and Oracle R Connector for Hadoop”,
McGraw-Hill/Osborne Media, Oracle press.

Weblinks:

● www.datasciencecentral.com
● https://www.sas.com/en_us/learn/academic-programs/resources/free-sas-e-
learning.html

You might also like