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IIMSkills https://iimskills.com/data-analytics-for-beginners/ DATA ANALYTICS FOR BEGINEERS

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Data analytics, also known as data analysis, is the process of examining data to get important and useful insights. These conclusions can be drawn from practically any set of data, including financial records, industry trends, market studies, and numerous statistics. WHAT IS DATA ANALYTICS ?

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The core process is the same even if different forms of data analysis call for distinct approaches, abilities, and knowledge in order to provide relevant insights. Let’s examine the steps a data analyst may take: Define the Query Gather the Data Data Cleaning Analyze the Data Visualize Your Research and Communicate It THE DATA ANALYSIS PROCEDURE

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The task of collecting, purifying, and evaluating data falls within the purview of the data analyst. Techniques for data visualization are also used by analysts to make this information more comprehensible. Statisticians, mathematicians, and even computer scientists are common strongholds for data analysts. WHO IS DATA ANALYST ?

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Businesses gather information on every aspect of their operations, including operating expenses, sales information, inventory and supply information, and more. But once they get the data, they must turn it into knowledge that will help them make judgments. Data analysts transform customer, product, performance, and cost data into insightful understandings that direct strategic choice-making. For instance, they may assist organizations in making plans for product innovation and determining which target markets would be the most profitable. WHAT WOULD DATA ANALYSTS DO?

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Recognize Data Errors 1. Generate Models 2. Interpretation 3. Contextualize 4. Presentation 5. THE TASKS AND OBLIGATIONS OF A DATA ANALYST

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The core principles of data analytics as a discipline, the primary categories of analysis, and a summary of the data analytics workflow have all been covered in this essay. CONCLUSION ON DATA ANALYTICS FOR BEGINNERS

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