Data Analytics - Pre Lab
Data Analytics - Pre Lab
Pre Lab
Introduction to Data Analytics and Python Fundamental.
OBJECTIVES:
● To apply statistical analysis and technologies on data to find trends and solve problems.
● It helps to analyze data from different outlooks and a variety of statistical perspectives.
THEORY:
Data Analysis is a process ofstudying,cleaning,modeling,andtransformingdatawiththepurposeof
findingusefulinformation,suggestingconclusions,andsupportingdecision-making.Itisaprocedurefor
analyzingdata,methodsforinterpretingtheresultsofsuchsystems,andmodesofplanningthegroupof
data to make its analysis easier, more accurate, or more factual.
Therefore, data analysis is a process for getting large, unstructured data from different sources and
converting it into information that is gone through the below process:
● Communication
Dataanalyticsissignificantforbusinessoptimizationperformance.Anorganizationcan
also use data analytics to make better business decisions and support analyzing
customer trends and fulfillment, which can lead to unknown and better products and
services.Executingitintothebusinessmodelindicatesbusinessescanhelpreducecosts
by recognizing more efficient modes of d
Betterdecision-making: TheKeyadvantageofdataanalysisisbetterdecision-making
inthelongterm.Ratherthandependingonlyonknowledge,businessesareincreasingly
looking at data before deciding.
Identification of potential risks:Companies in today’s world succeed in high-risk
conditions, but those environments require critical risk management processes, and
extensivedatahascontributedtodevelopingnewriskmanagementsolutions.Datacan
enhance the effectivenessofactualsimulationstopredictfuturerisksandcreatebetter
planning.
Increasetheefficiencyofwork:Dataanalysisallowsyoutoanalyzealargesetofdata
and present it in a structured way to help reach your organization’s objectives.
Possibilities and progress within the organization are reflected, and activities can
increase work efficiency and productivity. It enables a culture of efficiency and
collaboration by allowing managers to share detailed data with employees.
Deliveringrelevantproducts:Productsaretheoilforeveryorganization,andoftenthe
most important asset of organizations. Theroleoftheproductmanagementteamisto
determine trends that drive strategic creation, and activity plans for unique functions
and services.
Trackcustomerbehavioralchanges:Consumershavealottochoosefrominproducts
availableinthemarkets.Organizationshavetopayattentiontoconsumerdemandsand
expectations, So to analyze the behavior of the customer data analysis is very important.
Introduction to Pandas and NumPy for Data Analysis :-
Python NumPy is a general-purpose array processing package which provides tools for
andling the n-dimensional arrays. It provides various computing tools such as
h
comprehensive mathematical functions, linear algebra routines. NumPy provides both
the flexibility of Python and the speed of well-optimized compiled C code. It’s easy to
use syntax makes it highly accessible and productive for programmers from any background.
Pandas are the most popular python library that is used for data analysis. It provides
highly optimized performance with back-end source code purely written
Data Analytics (PCCAD5O4P)
in C or Python.
ANACONDA NAVIGATOR:
Steps: 1)Search anaconda , Click on Download Anaconda button.
Data Analytics (PCCAD5O4P)
4)Open Anaconda.
Data Analytics (PCCAD5O4P)
CONCLUSION:
e understand and study the basic concept of python and data analytics and
W
build our fundamentals in this. And Install the Anaconda Navigator and Jupyter Notebook.
REFERENCE:
1. https://www.javatpoint.com/
2. https://www.datacamp.com/tracks/data-analyst-with-python/
3. https://www.freecodecamp.org/learn/data-analysis-with-python
4. “"P
ython for Data Analysis - Data Wrangling with Pandas, NumPy, and IPython'' by Wes McKinney
was published by O'Reilly Media, Inc. 2011,”