3/23/2023 0 Comments Basic data collection techniques![]() ![]() ![]() Descriptive Analytics examines the raw data or content - that is manually performed - to answer questions such as:ĭescriptive analytics is characterized by conventional business intelligence and visualizations such as the bar charts, pie charts, line graphs, or the generated narratives. The main focus of descriptive analytics is to summarize what happened in an organization. Let’s dive in to explore more about this analytics. If you’re in marketing and would like to understand data analytics, you should understand the different types of analytics. But different people use the word “analytics” to imply different things. Organizations that can extract meanings from the collected raw data are the ones that can compete in today’s complex and unpredictable environment.Īt the core of any data refinement process sits what is commonly referred to as “analytics”. ![]() But the collection in itself shouldn’t be the end goal. These days, any person or institution with a moderate budget can collect large volumes of raw data. Raw data is not any different from crude oil. Without further ado, let’s dive in to explore the basics of data analytics. The goal of this article is to help you firm up all the key concepts in data analytics.īy the end of the article, you should be in a position to describe different types of analytics, common terminologies used in analytics, tools and basic pre-requisites for analytics and the workflow of data analytics. For you to become a professional data scientist, working in data mining and business intelligence firms you have to understand the fundamentals of data analytics. ![]()
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