Types of Data Analysis Techniques

What is a Data Analyst?

The process of inspecting, cleaning, transforming, and modeling data to discover useful information, patterns, and insights.

_____________________

Types of Data Analysis

Descriptive analysis, Diagnostic analysis, Predictive analysis, Prescriptive analysis

_____________________

Descriptive Analysis

Summarizes data to understand its characteristics.

_____________________

Diagnostic Analysis

Investigates the cause of a problem or event.

_____________________

Predictive Analysis

Uses data to predict future outcomes.

_____________________

Prescriptive Analysis

Recommends optimal actions based on data analysis.

_____________________

Benefits of Data Analysis

Improved decision-making, increased efficiency, enhanced customer understanding.

_____________________