Data Analytics Concepts and Methods

What is Analysis? [1]

• “A comprehensive, data-driven strategy for problem solving”

Analytics

• “Analytics uses logic, inductive and deductive reasoning, critical thinking, and quantitative methods along with data to examine phenomena and determine its essential features”

• “any solution that supports the identification of meaningful patterns and relationships among data.”

CONCEPTS [1]

Analytics Methods [1]:

[1] Ref: A Book: The Analytics Lifecycle Toolkit A Practical Guide for an Effective Analytics Capability, Wiley

Data Analytics, Machine Learning, Data Science