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Data Analytics Complete Guide 2

This guide provides a beginner-friendly overview of data analytics, covering key topics such as basic statistics, data cleaning, and the use of Excel and AI in analysis. It includes practical examples and case studies from various industries, demonstrating the application of data analytics in real-world scenarios. The guide concludes with recommendations for further learning and practice in data analytics tools and techniques.

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srinithijanani022
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12 views3 pages

Data Analytics Complete Guide 2

This guide provides a beginner-friendly overview of data analytics, covering key topics such as basic statistics, data cleaning, and the use of Excel and AI in analysis. It includes practical examples and case studies from various industries, demonstrating the application of data analytics in real-world scenarios. The guide concludes with recommendations for further learning and practice in data analytics tools and techniques.

Uploaded by

srinithijanani022
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Complete Guide to Data Analytics Fundamentals

A Beginner-Friendly Approach with Solved Problems & AI Integration

Table of Contents

1. Introduction to Data Analytics


2. Basic Statistics & Mathematics
3. Data Cleaning & Preprocessing
4. Excel & Google Sheets for Data Analysis
5. Data Visualization Techniques
6. AI & Machine Learning in Data Analytics
7. Case Studies & Corporate Applications
8. Conclusion & Next Steps

1. Introduction to Data Analytics

Data analytics is the process of analyzing raw data to extract insights and support decision-making.
It involves statistical analysis, data cleaning, visualization, and AI-powered techniques.

2. Basic Statistics & Mathematics

Statistics is essential in data analytics to summarize and interpret data.


- Mean: Average value of a dataset.
- Median: Middle value when data is sorted.
- Mode: Most frequently occurring value.

Example Problem:
Find the mean, median, and mode for [12, 15, 20, 15, 30, 10].

Solution:
- Mean = (12+15+20+15+30+10) / 6 = 17
- Median = (15+15)/2 = 15
- Mode = 15 (appears most times)

3. Excel & Google Sheets for Data Analysis

Excel is widely used for data analytics. Here are essential functions:

- SUM(): Adds values in a range.


- IF(): Conditional logic for decision-making.
- VLOOKUP(): Searches for values in tables.
- Pivot Tables: Summarizes large datasets.

Example Problem:
Calculate total revenue where Column A has sales quantity and Column B has price per unit.
Formula: =SUM(A2:A100 * B2:B100)

4. AI & Machine Learning in Data Analytics

AI enhances data analytics by automating pattern detection and predictions.


- Python Libraries: Pandas for cleaning, SciPy for statistics.
- Machine Learning Models: Linear regression, classification.
- AI in Excel: Power BI, Google Sheets AI-driven insights.

Example:
A company uses AI to predict next quarter sales based on past data trends.

5. Case Studies & Corporate Applications

Retail Industry: A retail chain used data analytics to identify peak sales periods and adjust inventory
accordingly, reducing wastage by 20%. They used Excel pivot tables and Python's Pandas library.

Healthcare Industry: Hospitals use AI-driven predictive analytics to forecast patient admission rates,
helping in resource allocation and staff scheduling.

Finance Sector: Banks leverage data analytics to detect fraudulent transactions, using machine
learning models to analyze spending patterns.

6. Conclusion & Next Steps

This guide covered the fundamentals of data analytics, key statistical concepts, Excel skills, and AI
integration. The next steps include:
- Practicing real-world datasets.
- Learning Python for data science.
- Exploring advanced analytics tools like Power BI and Tableau.

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