Data science Lecture Notes: Reporting vs Analysis.pptx

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1. TOUTE Analysis

2. Reports are like robot! can monitor and alert you. Analysis is like
parent - can figure out what's going on (hungry, dirty diaper, no
pacifier, teething, tired, ear infection etc..

© Reporting & Analysis go hand-in-hand.
Reporting provides no or limited context about what’s

3. 1 line answers :

Reporting translates raw data into information.
Reporting basically raises questions - What is happening?

Analysis transforms data and information into insights.

Where as Analysis answer questions - Why it is happening? Also, What
you can do about it?

Reporting

Analysis

4. Scope

The ultimate goal for the reporting and analysis is to increase sales
and reduce costs (i.e., add value).

Reporting

Analysis
Sri EN

5. Lets slice & dice for more clarity, by - Purpose, Tasks, Outputs,
Delivery & Value.

© Purpose:
Good reporting should raise questions about the business from its end
users.

In summary, reporting shows you what is happening while analysis focuses on
explaining why it is happening and what you can do about it.

6. In contrast, analysis follows a pull approach, where particular
data is pulled by an analyst in order to answer specific business

7. Continued..

© Delivery:
Reporting is more of a push model - people can access reports
through an analytics tool, Excel spreadsheet, widget, or have them
scheduled for delivery into their mailbox, mobile device, FTP etc...

© Value:

8. Overview

© Analysis is different from reporting because it emphasizes data
points that are significant, unique, or special - and explain why
they are important to the business.

Data >> Info >> Decision >> >> Value

Reporting

Analysis

9. @ Glance

Delivery Value
T pecessed va | Dates data nto
tool information for further
Scheduled analysts
fordelvery |» Alerscompany to
exceptions data

Analysis | - Imerpretand Adhocresponses Prepared Provides deeper
recommend = Anse and Insights into business
actions pre! presentation: presented |» Offers

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