Data Analysis

4 Types of Data Analysis

https://chartio.com/learn/data-analytics/types-of-data-analysis/

  • Descriptive Analysis

“what happened” by summarizing past data, usually in the form of dashboards.

  • Diagnostic Analysis

takes the insights found from descriptive analytics and drills down to find the causes of those outcomes.

creates more connections between data and identifies patterns of behavior.

A critical aspect of diagnostic analysis is creating detailed information. When new problems arise, it is possible you have already collected certain data pertaining to the issue.

  • Predictive Analysis

Predictive analysis attempts to answer the question “what is likely to happen”. This type of analytics utilizes previous data to make predictions about future outcomes.

  • Prescriptive Analysis

combining the insight from all previous analyses to determine the course of action to take in a current problem or decision.


5 Steps of Analyze Data

https://www.analyticssteps.com/blogs/5-steps-data-analysis

  1. Determining the objective
  2. Gathering the data
  3. Cleaning the data
  4. Interpreting the data
  5. Sharing the results

4 Types of Data

https://www.mygreatlearning.com/blog/types-of-data/

  • Qualitative/Categorical Data

    • Nominal Data
    • Ordinal Data
  • Quantitative Data

    • Discrete Data
    • Continuous Data