SlideShare a Scribd company logo
How to Start Thinking
Like a Data Scientist
Holds the most power in
current technical
landscape
Considered game changer
for every industry
Better predictions,
smarter decisions
Management
revolution
Business
advantage
Because of big data, managers can measure, and know
radically more about their businesses, and directly
translate their knowledge into improved decision
making
Big data may offer companies greater opportunities for
competitive advantage
INSIGHTS
Managers who aren’t data savvy, who can’t conduct basic
analysis, interpret more complex ones are already at
disadvantage
Companies without a large cadre of data-savvy managers
are at disadvantage
NON TECH SAVVY MANAGER
You don’t have to be data scientist or a Bayesian
statistician to tease useful insight from data
All you need is:
 Open mind
 Pen, pencil
 Calculator
DATA
EXERCISE FOR
BEING
1. Start with something that interests you and write it down as
a question
2. Think through the data and develop a plan for creating them
3. Write all the relevant definitions for collecting data
4. Collect the data. Trust the data. Modify your definitions
5. Picture the data in form of a simple graph
6. Start with the question you started with and develop
summary statistics
7. Go for a variation of analysis to answer “so what”
RELEVANCE FOR A
MANAGER
DATA LITERACY IS RELEVANT FOR MANAGERS TO
Identify the process need to effectively collect, interpret,
and use data efficiently for holistic growth of the company
To reflect upon the strengths and challenges to improve use
of data in a company
Seeking for answer for a basic or an interesting question by
continually asking and improvising the answer to “so what?”
“So what?”
UNLOCKING THE POWER OF DATA
Data at the hands of a few data experts can be powerful,
but the data at the fingertips of many is what will be truly
transformational
Data literacy is relevant for managers for
• Analyzing and interpreting a standard table or chart
• Understanding data across each discipline, e.g.- marketing
• Assimilating data – orienting to unfamiliar data if necessary
• Seeking further clarifications if any items are missing or are
ambiguous
Thank you
Submitted by-
Aditi Gupta
IIT Roorkee

More Related Content

What's hot

Relevant insights for a manager in India
Relevant insights for a manager in IndiaRelevant insights for a manager in India
Relevant insights for a manager in India
Prince Barai
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
Shaun Kollannur
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
Tavva G N R S N Prudhvith
 
Managerial insights on article - "Making Advanced Analytics Work for You"
Managerial insights on article - "Making Advanced Analytics Work for You"Managerial insights on article - "Making Advanced Analytics Work for You"
Managerial insights on article - "Making Advanced Analytics Work for You"
Potlacheruvu Sai Krishna Vamsi
 
Week 2, day 6 assignment
Week 2, day 6  assignmentWeek 2, day 6  assignment
Week 2, day 6 assignment
ShwethaBhaskaran1
 
How to think like a data scientist?
How to think like a data scientist?How to think like a data scientist?
How to think like a data scientist?
Muyeena Khanzada
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
Sahil Kumar
 
Making Advanced Analytics Work for You
Making Advanced Analytics Work for You Making Advanced Analytics Work for You
Making Advanced Analytics Work for You
SharmisthaSutradhar
 
Cutting the noise from HR: Understand your data
Cutting the noise from HR: Understand your dataCutting the noise from HR: Understand your data
Cutting the noise from HR: Understand your data
Hunter Morgan Davis
 
Simplify Your Analytics Strategy
Simplify Your Analytics StrategySimplify Your Analytics Strategy
Simplify Your Analytics Strategy
Varad Lahoti
 
Dashboards Too Much Information
Dashboards Too Much InformationDashboards Too Much Information
Dashboards Too Much Information
Spectrum
 
How to Speak Human - Turning Big Data Insights into Actionable Business Strategy
How to Speak Human - Turning Big Data Insights into Actionable Business StrategyHow to Speak Human - Turning Big Data Insights into Actionable Business Strategy
How to Speak Human - Turning Big Data Insights into Actionable Business Strategy
Luciano Pesci, PhD
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
Yogita Bansal
 
"Planning Your Analytics Implementation" by Bachtiar Rifai (Kofera Technology)
"Planning Your Analytics Implementation" by Bachtiar Rifai (Kofera Technology)"Planning Your Analytics Implementation" by Bachtiar Rifai (Kofera Technology)
"Planning Your Analytics Implementation" by Bachtiar Rifai (Kofera Technology)
Tech in Asia ID
 
Making Advanced Analytics Work for You
Making Advanced Analytics Work for YouMaking Advanced Analytics Work for You
Making Advanced Analytics Work for You
priyanshi tomar
 
A leader's guide to data analysis
A leader's guide to data analysisA leader's guide to data analysis
A leader's guide to data analysis
NarasingaMoorthy V
 
No perfectionist needed
No perfectionist neededNo perfectionist needed
No perfectionist needed
Kaustubh Srivastava
 
Data literate
Data literateData literate
Data literate
Pratik Kumar
 
How to make data actionable for business
How to make data actionable for businessHow to make data actionable for business
How to make data actionable for business
Ravi Padaki
 
Data Analytics with Managerial Applications Internship
Data Analytics with Managerial Applications InternshipData Analytics with Managerial Applications Internship
Data Analytics with Managerial Applications Internship
Jahanvi Khedwal
 

What's hot (20)

Relevant insights for a manager in India
Relevant insights for a manager in IndiaRelevant insights for a manager in India
Relevant insights for a manager in India
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 
Managerial insights on article - "Making Advanced Analytics Work for You"
Managerial insights on article - "Making Advanced Analytics Work for You"Managerial insights on article - "Making Advanced Analytics Work for You"
Managerial insights on article - "Making Advanced Analytics Work for You"
 
Week 2, day 6 assignment
Week 2, day 6  assignmentWeek 2, day 6  assignment
Week 2, day 6 assignment
 
How to think like a data scientist?
How to think like a data scientist?How to think like a data scientist?
How to think like a data scientist?
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
 
Making Advanced Analytics Work for You
Making Advanced Analytics Work for You Making Advanced Analytics Work for You
Making Advanced Analytics Work for You
 
Cutting the noise from HR: Understand your data
Cutting the noise from HR: Understand your dataCutting the noise from HR: Understand your data
Cutting the noise from HR: Understand your data
 
Simplify Your Analytics Strategy
Simplify Your Analytics StrategySimplify Your Analytics Strategy
Simplify Your Analytics Strategy
 
Dashboards Too Much Information
Dashboards Too Much InformationDashboards Too Much Information
Dashboards Too Much Information
 
How to Speak Human - Turning Big Data Insights into Actionable Business Strategy
How to Speak Human - Turning Big Data Insights into Actionable Business StrategyHow to Speak Human - Turning Big Data Insights into Actionable Business Strategy
How to Speak Human - Turning Big Data Insights into Actionable Business Strategy
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
 
"Planning Your Analytics Implementation" by Bachtiar Rifai (Kofera Technology)
"Planning Your Analytics Implementation" by Bachtiar Rifai (Kofera Technology)"Planning Your Analytics Implementation" by Bachtiar Rifai (Kofera Technology)
"Planning Your Analytics Implementation" by Bachtiar Rifai (Kofera Technology)
 
Making Advanced Analytics Work for You
Making Advanced Analytics Work for YouMaking Advanced Analytics Work for You
Making Advanced Analytics Work for You
 
A leader's guide to data analysis
A leader's guide to data analysisA leader's guide to data analysis
A leader's guide to data analysis
 
No perfectionist needed
No perfectionist neededNo perfectionist needed
No perfectionist needed
 
Data literate
Data literateData literate
Data literate
 
How to make data actionable for business
How to make data actionable for businessHow to make data actionable for business
How to make data actionable for business
 
Data Analytics with Managerial Applications Internship
Data Analytics with Managerial Applications InternshipData Analytics with Managerial Applications Internship
Data Analytics with Managerial Applications Internship
 

Similar to How to start thinking like a data scientist

Creating a Data-Driven Organization (Data Day Seattle 2015)
Creating a Data-Driven Organization (Data Day Seattle 2015)Creating a Data-Driven Organization (Data Day Seattle 2015)
Creating a Data-Driven Organization (Data Day Seattle 2015)
Carl Anderson
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
Abhishek Pawar
 
Incorta 5_eBook.pdf
Incorta 5_eBook.pdfIncorta 5_eBook.pdf
Incorta 5_eBook.pdf
VishYrdy
 
a Leader's guide to Data Analytics
a Leader's guide to Data Analyticsa Leader's guide to Data Analytics
a Leader's guide to Data Analytics
Srijani Das
 
Creating a Data-Driven Organization, Data Day Texas, January 2016
Creating a Data-Driven Organization, Data Day Texas, January 2016Creating a Data-Driven Organization, Data Day Texas, January 2016
Creating a Data-Driven Organization, Data Day Texas, January 2016
Carl Anderson
 
Creating a Data-Driven Organization, Crunchconf, October 2015
Creating a Data-Driven Organization, Crunchconf, October 2015Creating a Data-Driven Organization, Crunchconf, October 2015
Creating a Data-Driven Organization, Crunchconf, October 2015
Carl Anderson
 
Low Cost and High Impact Analytics Initiatives for HR Practitioners
Low Cost and High Impact Analytics Initiatives for HR PractitionersLow Cost and High Impact Analytics Initiatives for HR Practitioners
Low Cost and High Impact Analytics Initiatives for HR Practitioners
Advanced Analytics and Research Lab
 
Structure Your Data Science Teams For Best Outcomes
Structure Your Data Science Teams For Best OutcomesStructure Your Data Science Teams For Best Outcomes
Structure Your Data Science Teams For Best Outcomes
Gramener
 
Creating a Data-Driven Organization -- thisismetis meetup
Creating a Data-Driven Organization -- thisismetis meetupCreating a Data-Driven Organization -- thisismetis meetup
Creating a Data-Driven Organization -- thisismetis meetup
Carl Anderson
 
Forrester whitepaper
Forrester whitepaperForrester whitepaper
Forrester whitepaper
Alok Kumar
 
Data Analyst Beginner Guide for 2023
Data Analyst Beginner Guide for 2023Data Analyst Beginner Guide for 2023
Data Analyst Beginner Guide for 2023
Careervira
 
DSA Presentation 4
DSA Presentation 4DSA Presentation 4
DSA Presentation 4
Akankshi Mody
 
Making Money Out of Data
Making Money Out of DataMaking Money Out of Data
Making Money Out of Data
Digital Vidya
 
August webinar - Data Analysis vs Business Analysis vs BI vs Big Data
August webinar  - Data Analysis vs Business Analysis vs BI vs Big DataAugust webinar  - Data Analysis vs Business Analysis vs BI vs Big Data
August webinar - Data Analysis vs Business Analysis vs BI vs Big Data
Michael Olafusi
 
Analysis of making advanced analytics work for you by jyotsana manglani
Analysis of making advanced analytics work for you by jyotsana manglaniAnalysis of making advanced analytics work for you by jyotsana manglani
Analysis of making advanced analytics work for you by jyotsana manglani
JyotsanaManglani
 
Business Intelligence-v1.pptx
Business Intelligence-v1.pptxBusiness Intelligence-v1.pptx
Business Intelligence-v1.pptx
RandhirShah3
 
Data-Ed: Emerging Trends in Data Jobs
Data-Ed: Emerging Trends in Data JobsData-Ed: Emerging Trends in Data Jobs
Data-Ed: Emerging Trends in Data Jobs
Data Blueprint
 
Data-Ed Online: Emerging Trends in Data Jobs
Data-Ed Online: Emerging Trends in Data JobsData-Ed Online: Emerging Trends in Data Jobs
Data-Ed Online: Emerging Trends in Data Jobs
DATAVERSITY
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
Parul Verma
 

Similar to How to start thinking like a data scientist (20)

Creating a Data-Driven Organization (Data Day Seattle 2015)
Creating a Data-Driven Organization (Data Day Seattle 2015)Creating a Data-Driven Organization (Data Day Seattle 2015)
Creating a Data-Driven Organization (Data Day Seattle 2015)
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 
Incorta 5_eBook.pdf
Incorta 5_eBook.pdfIncorta 5_eBook.pdf
Incorta 5_eBook.pdf
 
a Leader's guide to Data Analytics
a Leader's guide to Data Analyticsa Leader's guide to Data Analytics
a Leader's guide to Data Analytics
 
Creating a Data-Driven Organization, Data Day Texas, January 2016
Creating a Data-Driven Organization, Data Day Texas, January 2016Creating a Data-Driven Organization, Data Day Texas, January 2016
Creating a Data-Driven Organization, Data Day Texas, January 2016
 
Creating a Data-Driven Organization, Crunchconf, October 2015
Creating a Data-Driven Organization, Crunchconf, October 2015Creating a Data-Driven Organization, Crunchconf, October 2015
Creating a Data-Driven Organization, Crunchconf, October 2015
 
Low Cost and High Impact Analytics Initiatives for HR Practitioners
Low Cost and High Impact Analytics Initiatives for HR PractitionersLow Cost and High Impact Analytics Initiatives for HR Practitioners
Low Cost and High Impact Analytics Initiatives for HR Practitioners
 
Structure Your Data Science Teams For Best Outcomes
Structure Your Data Science Teams For Best OutcomesStructure Your Data Science Teams For Best Outcomes
Structure Your Data Science Teams For Best Outcomes
 
Creating a Data-Driven Organization -- thisismetis meetup
Creating a Data-Driven Organization -- thisismetis meetupCreating a Data-Driven Organization -- thisismetis meetup
Creating a Data-Driven Organization -- thisismetis meetup
 
Forrester whitepaper
Forrester whitepaperForrester whitepaper
Forrester whitepaper
 
Data Analyst Beginner Guide for 2023
Data Analyst Beginner Guide for 2023Data Analyst Beginner Guide for 2023
Data Analyst Beginner Guide for 2023
 
DSA Presentation 4
DSA Presentation 4DSA Presentation 4
DSA Presentation 4
 
Making Money Out of Data
Making Money Out of DataMaking Money Out of Data
Making Money Out of Data
 
August webinar - Data Analysis vs Business Analysis vs BI vs Big Data
August webinar  - Data Analysis vs Business Analysis vs BI vs Big DataAugust webinar  - Data Analysis vs Business Analysis vs BI vs Big Data
August webinar - Data Analysis vs Business Analysis vs BI vs Big Data
 
Analysis of making advanced analytics work for you by jyotsana manglani
Analysis of making advanced analytics work for you by jyotsana manglaniAnalysis of making advanced analytics work for you by jyotsana manglani
Analysis of making advanced analytics work for you by jyotsana manglani
 
Business Intelligence-v1.pptx
Business Intelligence-v1.pptxBusiness Intelligence-v1.pptx
Business Intelligence-v1.pptx
 
Data-Ed: Emerging Trends in Data Jobs
Data-Ed: Emerging Trends in Data JobsData-Ed: Emerging Trends in Data Jobs
Data-Ed: Emerging Trends in Data Jobs
 
Data-Ed Online: Emerging Trends in Data Jobs
Data-Ed Online: Emerging Trends in Data JobsData-Ed Online: Emerging Trends in Data Jobs
Data-Ed Online: Emerging Trends in Data Jobs
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
 
Data Strategy
Data StrategyData Strategy
Data Strategy
 

Recently uploaded

哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
axoqas
 
一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单
ocavb
 
Business update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMIBusiness update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMI
AlejandraGmez176757
 
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdfCriminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP
 
FP Growth Algorithm and its Applications
FP Growth Algorithm and its ApplicationsFP Growth Algorithm and its Applications
FP Growth Algorithm and its Applications
MaleehaSheikh2
 
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
ewymefz
 
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
ewymefz
 
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
ukgaet
 
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
John Andrews
 
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
NABLAS株式会社
 
一比一原版(YU毕业证)约克大学毕业证成绩单
一比一原版(YU毕业证)约克大学毕业证成绩单一比一原版(YU毕业证)约克大学毕业证成绩单
一比一原版(YU毕业证)约克大学毕业证成绩单
enxupq
 
Opendatabay - Open Data Marketplace.pptx
Opendatabay - Open Data Marketplace.pptxOpendatabay - Open Data Marketplace.pptx
Opendatabay - Open Data Marketplace.pptx
Opendatabay
 
The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...
jerlynmaetalle
 
一比一原版(BU毕业证)波士顿大学毕业证成绩单
一比一原版(BU毕业证)波士顿大学毕业证成绩单一比一原版(BU毕业证)波士顿大学毕业证成绩单
一比一原版(BU毕业证)波士顿大学毕业证成绩单
ewymefz
 
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
ewymefz
 
Predicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Predicting Product Ad Campaign Performance: A Data Analysis Project PresentationPredicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Predicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Boston Institute of Analytics
 
Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)
TravisMalana
 
Ch03-Managing the Object-Oriented Information Systems Project a.pdf
Ch03-Managing the Object-Oriented Information Systems Project a.pdfCh03-Managing the Object-Oriented Information Systems Project a.pdf
Ch03-Managing the Object-Oriented Information Systems Project a.pdf
haila53
 
Jpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization SampleJpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization Sample
James Polillo
 
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
yhkoc
 

Recently uploaded (20)

哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
 
一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单
 
Business update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMIBusiness update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMI
 
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdfCriminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdf
 
FP Growth Algorithm and its Applications
FP Growth Algorithm and its ApplicationsFP Growth Algorithm and its Applications
FP Growth Algorithm and its Applications
 
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
 
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
 
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
 
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...
 
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
 
一比一原版(YU毕业证)约克大学毕业证成绩单
一比一原版(YU毕业证)约克大学毕业证成绩单一比一原版(YU毕业证)约克大学毕业证成绩单
一比一原版(YU毕业证)约克大学毕业证成绩单
 
Opendatabay - Open Data Marketplace.pptx
Opendatabay - Open Data Marketplace.pptxOpendatabay - Open Data Marketplace.pptx
Opendatabay - Open Data Marketplace.pptx
 
The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...
 
一比一原版(BU毕业证)波士顿大学毕业证成绩单
一比一原版(BU毕业证)波士顿大学毕业证成绩单一比一原版(BU毕业证)波士顿大学毕业证成绩单
一比一原版(BU毕业证)波士顿大学毕业证成绩单
 
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
一比一原版(UPenn毕业证)宾夕法尼亚大学毕业证成绩单
 
Predicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Predicting Product Ad Campaign Performance: A Data Analysis Project PresentationPredicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Predicting Product Ad Campaign Performance: A Data Analysis Project Presentation
 
Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)
 
Ch03-Managing the Object-Oriented Information Systems Project a.pdf
Ch03-Managing the Object-Oriented Information Systems Project a.pdfCh03-Managing the Object-Oriented Information Systems Project a.pdf
Ch03-Managing the Object-Oriented Information Systems Project a.pdf
 
Jpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization SampleJpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization Sample
 
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
 

How to start thinking like a data scientist

  • 1. How to Start Thinking Like a Data Scientist
  • 2. Holds the most power in current technical landscape Considered game changer for every industry Better predictions, smarter decisions Management revolution Business advantage
  • 3.
  • 4. Because of big data, managers can measure, and know radically more about their businesses, and directly translate their knowledge into improved decision making Big data may offer companies greater opportunities for competitive advantage
  • 6. Managers who aren’t data savvy, who can’t conduct basic analysis, interpret more complex ones are already at disadvantage Companies without a large cadre of data-savvy managers are at disadvantage NON TECH SAVVY MANAGER
  • 7. You don’t have to be data scientist or a Bayesian statistician to tease useful insight from data All you need is:  Open mind  Pen, pencil  Calculator
  • 9. 1. Start with something that interests you and write it down as a question 2. Think through the data and develop a plan for creating them 3. Write all the relevant definitions for collecting data 4. Collect the data. Trust the data. Modify your definitions 5. Picture the data in form of a simple graph 6. Start with the question you started with and develop summary statistics 7. Go for a variation of analysis to answer “so what”
  • 11. DATA LITERACY IS RELEVANT FOR MANAGERS TO Identify the process need to effectively collect, interpret, and use data efficiently for holistic growth of the company To reflect upon the strengths and challenges to improve use of data in a company Seeking for answer for a basic or an interesting question by continually asking and improvising the answer to “so what?”
  • 14. Data at the hands of a few data experts can be powerful, but the data at the fingertips of many is what will be truly transformational Data literacy is relevant for managers for • Analyzing and interpreting a standard table or chart • Understanding data across each discipline, e.g.- marketing • Assimilating data – orienting to unfamiliar data if necessary • Seeking further clarifications if any items are missing or are ambiguous
  • 15. Thank you Submitted by- Aditi Gupta IIT Roorkee