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Disruptive Technologies
LECTURE 9
Data Analytics With Tools
Dr. Tamal Ghosh, Department of Computer Science and Engineering, A
damas University Introduction To Data Analytics Tools
Data analytics tools are software and applications
designed to facilitate the process of analyzing, processing, and visualizing data. These tools are vital in extracting valuable insights, patterns, and trends from raw data, ultimately supporting informed decision-making across various domains. They come in a variety of forms, each tailored to different data analytics needs. Key Functions of Data Analytics Tools Data Preparation: Data analytics tools help clean, preprocess, and format data, making it suitable for analysis. They assist in handling missing values, outliers, and duplicates, ensuring data accuracy. Exploratory Data Analysis (EDA): These tools offer features for visualizing and summarizing data, making it easier to understand data distributions and relationships between variables. Statistical Analysis: Many data analytics tools include statistical modules for conducting hypothesis tests, regression analysis, and other statistical methods to derive meaningful insights. Machine Learning: Advanced data analytics tools often incorporate machine learning libraries for predictive modeling, classification, clustering, and anomaly detection. Data Visualization: Effective data visualization tools allow users to create charts, graphs, and dashboards to represent data in a visually digestible manner, aiding in communication and decision-making. Data Integration: Tools assist in combining data from multiple sources, enabling comprehensive analysis by merging structured and unstructured data. Overview Of Popular Data Analytics Tools
Python: Python is a versatile programming language with libraries like
Pandas, NumPy, and Scikit-Learn that support data analysis, machine learning, and data visualization. R: R is a statistical computing language known for its extensive statistical libraries and packages, making it a popular choice for data analysis. Tableau: Tableau is a data visualization tool that allows users to create interactive and shareable dashboards to convey insights. Excel: Microsoft Excel is widely used for basic data analysis, featuring functions for data cleaning, charts, and simple statistical analysis. Power BI: Microsoft's Power BI is a robust data analytics tool for creating reports, dashboards, and data visualizations. SQL: Structured Query Language (SQL) is essential for querying databases and managing large datasets. Contd…
SAS: SAS is a comprehensive analytics platform with tools for data
management, advanced analytics, and business intelligence. Jupyter: Jupyter Notebook is an open-source tool for creating and sharing documents that contain live code, equations, visualizations, and narrative text, making it popular among data scientists. Hadoop: Hadoop is a framework that allows distributed storage and processing of large datasets. It's particularly useful for big data analytics. KNIME: KNIME is an open-source data analytics platform with visual programming capabilities, making it accessible to a wide range of users. Introduction To Microsoft Excel For Data Analysis
Microsoft Excel, a widely used spreadsheet application, is
a versatile tool for data analysis that offers a user-friendly interface and powerful features. It is an accessible starting point for individuals and businesses to unlock valuable insights from their data without the need for advanced statistical or programming knowledge. Key Features of Microsoft Excel for Data Analysis
Data Entry and Management:
Excel provides a structured environment for entering and managing data. Users can input and organize data in rows and columns, making it easy to work with structured datasets. Data Cleaning and Transformation: Excel offers functions and tools for data cleaning, including removing duplicates, handling missing values, and transforming data. This ensures that the data is accurate and ready for analysis. Formulas and Functions: Excel's wide range of built-in formulas and functions simplifies mathematical calculations, statistical analysis, and data manipulation. Users can perform tasks like summing, averaging, and finding standard deviations with ease. Data Visualization: Excel allows users to create various types of charts and graphs to visualize data. This makes it easier to identify trends, patterns, and anomalies in the data. Contd… PivotTables and PivotCharts: PivotTables and PivotCharts enable users to summarize and analyze large datasets quickly. These features are particularly useful for aggregating data and generating reports. What-If Analysis: Excel's "Goal Seek" and "Solver" tools allow users to perform what-if analysis, helping in decision-making by exploring different scenarios and their impacts. Data Analysis ToolPak: Excel includes the Data Analysis ToolPak, which offers advanced statistical functions such as regression analysis, analysis of variance, and exponential smoothing. Power Query and Power Pivot: Advanced users can leverage Power Query to import and transform data from various sources and Power Pivot for data modeling and analysis in more complex scenarios. Applications of Excel in Data Analysis Financial Analysis: Excel is widely used for financial modeling, budgeting, and forecasting. It helps organizations make informed financial decisions.
Sales and Marketing Analysis: Businesses use Excel to analyze sales
data, track marketing campaigns, and identify customer trends.
Data Reporting: Excel is a popular tool for creating reports and
dashboards, presenting data in a visually appealing format for stakeholders.
Scientific Research: Researchers use Excel for data collection,
statistical analysis, and graphing results. Contd… Inventory Management: Excel can be employed to track inventory levels, reorder points, and inventory turnover.
Project Management: Project managers use Excel to create
Gantt charts, track project progress, and manage resources.
Data Exploration: Excel is an accessible tool for exploratory
data analysis, enabling users to gain insights into data before more advanced analysis. Data Visualization With Advanced Tools Data visualization is a crucial aspect of data analysis, as it enables the transformation of complex datasets into clear, visual representations. While basic data visualization tools like Microsoft Excel and Google Sheets serve well for simple charts and graphs, advanced data visualization tools offer a broader spectrum of capabilities, empowering analysts to create more sophisticated and interactive visualizations. Here, we explore the world of advanced data visualization tools and their significance. Key Features of Advanced Data Visualization Tools Interactive Dashboards: Advanced tools allow you to build interactive dashboards where users can explore data, filter, and drill down for deeper insights. Customization: These tools provide extensive options for customization, including color schemes, fonts, and layout design to align with branding or specific data requirements. Real-time Data: Some advanced tools can connect to live data sources, enabling real- time updates and dynamic visualizations. Complex Data Integration: They support the integration of data from multiple sources, including databases, APIs, and external platforms. Machine Learning Integration: Machine learning algorithms can be incorporated to provide predictive analytics within the visualization. Geospatial Visualizations: Advanced tools often offer geospatial mapping capabilities, enabling the visualization of data on maps and geographical analysis. Big Data Handling: Some tools are capable of handling large datasets, making them suitable for big data analytics. Popular Advanced Data Visualization Tools Tableau: Known for its user-friendly interface and powerful capabilities, Tableau allows users to create interactive dashboards, reports, and maps. It integrates well with various data sources. QlikView and Qlik Sense: These tools provide associative data models and offer interactive and self-service analytics for users to explore data relationships. Power BI: Microsoft's Power BI is known for its integration with other Microsoft products. It enables the creation of dynamic reports and dashboards. D3.js: A JavaScript library, D3.js provides a high level of customization for data visualizations, including interactive charts and graphs. Looker: Looker is a data exploration and business intelligence platform that allows for custom reporting and exploration of data. Plotly: Plotly is an open-source graphing library for Python and R, enabling interactive data visualization. Google Data Studio: Google's tool offers easy integration with various data sources, including Google Analytics, and allows the creation of dynamic reports and dashboards. TABLEAU vs. Power bi Applications of Advanced Data Visualization Business Intelligence: Businesses use advanced visualization to gain insights into sales, customer behavior, and market trends. Healthcare: Advanced visualization aids in medical imaging, patient outcomes analysis, and healthcare resource management. Finance: Financial analysts utilize advanced tools to visualize market data, portfolio performance, and risk analysis. Research and Development: Researchers rely on advanced visualization for data exploration, results communication, and scientific discovery. IoT and Sensor Data: Visualizing data from IoT devices and sensors is critical for monitoring and decision-making in various industries. Government and Public Policy: Public agencies use advanced visualization for public policy analysis, census data, and urban planning.