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Data_Analytics_Fundamentals

The document outlines a structured approach to learning data analytics fundamentals and AI integration over 2-4 weeks. It covers essential statistical concepts, Excel functions for data analysis, and the role of AI in automating tasks and enhancing insights. Key topics include measures of central tendency, data cleaning techniques, and the use of AI tools like Python libraries and Excel add-ons for improved data analysis.

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srinithijanani022
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2 views2 pages

Data_Analytics_Fundamentals

The document outlines a structured approach to learning data analytics fundamentals and AI integration over 2-4 weeks. It covers essential statistical concepts, Excel functions for data analysis, and the role of AI in automating tasks and enhancing insights. Key topics include measures of central tendency, data cleaning techniques, and the use of AI tools like Python libraries and Excel add-ons for improved data analysis.

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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Data Analytics Fundamentals & AI Integration

Step 1: Learn the Fundamentals (2-4 Weeks)

Basic Statistics & Math

Statistics is the backbone of data analysis. Understanding these concepts will help in analyzing
trends and making data-driven decisions.

1. Mean, Median, Mode: Measures of central tendency to summarize data.


- Mean: Average of all values.
- Median: Middle value in a sorted dataset.
- Mode: Most frequently occurring value.

2. Variance & Standard Deviation: Measures data spread.


- Variance: Average squared difference from the mean.
- Standard Deviation: Square root of variance.

3. Probability & Distributions:


- Normal Distribution: Bell-shaped, symmetric around the mean.
- Binomial Distribution: Probability of success/failure in trials.

4. Hypothesis Testing:
- p-value: Determines significance of results.
- t-tests: Compares means of two groups.
- Chi-square test: Analyzes categorical data.

Excel & Google Sheets

Excel is a powerful tool for data analysis, used for cleaning, transformation, and visualization.

1. Data Cleaning:
- Remove duplicates: Data > Remove Duplicates
- Fill missing values: IF formula or manual entry
2. Pivot Tables & Charts:
- Used for summarizing and visualizing data.

3. Basic Formulas:
- SUM(A1:A10): Adds values in range A1:A10.
- IF(A1>10, "High", "Low"): Conditional logic.
- VLOOKUP(value, table, col_index, FALSE): Searches for value.
- INDEX-MATCH: More flexible alternative to VLOOKUP.

These functions are essential for quick data analysis without coding.

AI Integration in Data Analytics

AI can enhance data analysis by automating tasks and generating insights.

1. Automating Data Cleaning:


- Python Libraries: Pandas for missing values, outlier detection.
- AI Models: Auto-impute missing values using machine learning.

2. Statistical Analysis with AI:


- Use Python's SciPy and Statsmodels for deeper analysis.
- AI models can predict missing data and find trends.

3. AI-powered Excel Add-ons:


- Power BI with AI capabilities.
- Excel's AI-based "Ideas" for automatic insights.

By integrating AI, analysts can save time and improve accuracy.

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