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Data-Analytics-Workflow

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8 views

Data-Analytics-Workflow

Uploaded by

mca.bradford224
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Data

Analytics
Workflow
Data analytics is a systematic process for extracting
knowledge and insights from data. By utilizing a structured
workflow, we can effectively analyze data to make informed
decisions and solve complex problems.

by Ahmad Siddiqui
Data Gathering and Preparation
1 Data Sources
Identifying and accessing relevant data sources is crucial. This may involve
gathering data from internal databases, external APIs, or public datasets.

2 Data Cleaning
Raw data often contains inconsistencies, missing values, or errors. Cleaning
the data ensures accuracy and reliability for subsequent analysis.

3 Data Transformation
Data transformation involves converting data into a format suitable for
analysis. This may include normalization, standardization, or feature
engineering.

4 Data Integration
Combining data from multiple sources requires careful integration to create a
unified dataset for comprehensive analysis.
Exploratory Data Analysis
Descriptive Statistics Data Visualization Hypothesis Testing

Summarizing data using Visualizing data through charts, Formulating and testing
measures like mean, median, graphs, and dashboards helps hypotheses based on data
standard deviation, and identify patterns, trends, and observations helps draw
percentiles provides valuable outliers, enhancing meaningful conclusions and
insights into data distribution understanding and support decision-making.
and characteristics. communication.
Data Modeling and Algorithms
Supervised Learning Unsupervised Learning Reinforcement Learning
Algorithms learn from labeled data Algorithms discover patterns and Algorithms learn through trial and
to predict outcomes, such as structures in unlabeled data, such error, interacting with an
classification or regression. as clustering or dimensionality environment to maximize rewards.
Examples include linear regression, reduction. Examples include k- Examples include Q-learning and
logistic regression, and support means clustering and principal deep reinforcement learning.
vector machines. component analysis.
Model Evaluation and
Validation
1 Metrics
Evaluating model performance using appropriate metrics, such as
accuracy, precision, recall, and F1-score, helps determine its
effectiveness.

2 Cross-Validation
Splitting the data into training and testing sets to evaluate model
generalization and avoid overfitting. This involves multiple
iterations of training and testing.

3 Model Selection
Choosing the best model based on evaluation metrics,
computational efficiency, and interpretability to ensure optimal
performance.
Deployment and
Monitoring
Model Deployment
Making the trained model available for use in applications
or systems. This may involve deploying it as a web service
or API.

Model Monitoring
Continuously tracking model performance over time to
detect any degradation or drift in predictions.

Model Retraining
Periodically retraining the model using new data to
maintain its accuracy and adapt to evolving patterns.
Communicating Insights

Data Visualization
Transforming complex data into clear and concise visualizations to communicate insights effectively.

Written Reports
Presenting findings in a structured report, summarizing key insights, recommendations, and actionable steps.

Presentations
Delivering engaging presentations to stakeholders, highlighting key findings and their implications.

Discussions
Facilitating interactive discussions with stakeholders, answering questions, and providing further clarification
on insights.
Continuous Improvement
Iterative Process Data analytics is an iterative
process, involving continuous
refinement and improvement
based on feedback and new
data.

Experimentation Testing different approaches,


algorithms, and features to
optimize model performance and
insights.

Learning and Adaptation Continuously learning from data


analysis results and adapting the
workflow to address evolving
business needs.

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