Introduction to data analytics for business

Suppose you are a data analyst working on a project to show why sales in a particular region are down relative to other regions. Your job is to figure out what’s going on, find a good way to show the data, and produce a report that can be automated to go out weekly to track progress on any actions that are taken. You anticipate that only descriptive analytics will be needed for this project, and you’re working from a data set that has been prepared by your partners in IT. Which of the following classes of tools are you most likely to use directly in this project? (select all that apply) Refer to the following video for a refresher: video 5.

Here is the answer of the question:

Suppose you are a data analyst working on a project to show why sales in a particular region are down relative to other regions. Your job is to figure out what’s going on, find a good way to show the data, and produce a report that can be automated to go out weekly to track progress on any actions that are taken. You anticipate that only descriptive analytics will be needed for this project, and you’re working from a data set that has been prepared by your partners in IT.

Which of the following classes of tools are you most likely to use directly in this project? (select all that apply)

Refer to the following video for a refresher: video 5.

  • Standard reporting
  • Data visualization & exploration
  • Database systems
  • Dashboarding
  • Statistical modeling

 

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