1. What is Data
Analytics?
Data Analytics (DA) is a method of
analyzing raw data sets in order
to make a decision about the
information that actually holds by
the given data.
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Data Analytics
Subhodip Pal
2. What are the steps of Data Analytics?
1. Define the problem
2. Collection of relevant data
3. Group the data according to the measurement strategy
4. Analyze the collected data
5. Interpret the result
Data Analytics
Subhodip Pal
3. Data Analytics
Define
(Define the problem)
Measure
(collect valid data)
Analyze
(analyze the data and
develop solutions)
Improve
(Implement the
solution to generate
process efficiency)
Control
(generate a frame
for long term use)
Six Sigma Data Analyze strategy
Subhodip Pal
4. Types of Data
Analytics
Descriptive Analytics
Describes what has happened over a certain
period of time.
Diagnostic Analytics
Describes why something happened
Predictive Analytics
Describes what is going to happen in future
Data Analytics
Prescriptive Analytics
Describe the action that can be taken to avoid
the future problem
Subhodip Pal