Data Analytics- Introduction to Data Analysis.pptx

This gives a complete info about what is data and what it takes to make into information.

1. Unlocking Insights: Introduction to Data Analysis

2. What is Data Analysis? Data analysis is a process of inspecting, cleansing, transforming, and modeling data to discover useful information, draw conclusions, and support decision-making.

3. Example: Analyzing customer purchase behaviour to inform marketing strategies

4. Why Data Analysis Matters in MBA? Informed decision-making Competitive advantage Career opportunities Improved business outcomes

5. The Data Analysis Process Steps: Define the problem or question Collect and clean the data Analyze the data Interpret and share the results

6. Skills Needed for Data Analysis Problem-solving skills Mathematics and statistics Advanced Excel Advanced SQL Programming languages (Python, R, etc.)Excellent communication skills Data Visualization

7. Common Tools : Python Excel R Tableau Power BI

8. Conclusion Data analysis is a powerful tool for informed decision-making in business. As MBA students, it's essential to develop data analysis skills to stay competitive in the job market