the data analytics process:Real life applications

the data analytics process: Real life applications

1. The Data Analytics Process: Real-Life Applications This presentation explores the six key steps in data analytics and how they apply to various real-life scenarios. by Unnati Saxena

2. Introduction to Data Analytics Process 1 Six Key Steps The data analytics process involves six key steps: plan, prepare, process, analyze, share, and act. 2 Real-Life Applications These steps can be applied to various scenarios, such as planning a family trip or managing a household budget. 3 Presentation Objectives This presentation aims to provide an overview of the data analytics process and its practical applications.

3. Step 1: Plan 1 Define Objectives Establish what you want to achieve, such as planning a family trip. 2 Identify Stakeholders Involve everyone impacted by the project, such as family members. 3 Resource Allocation Allocate money, time, and effort; gather necessary tools. 4 Timeline Create a schedule for planning and execution. 5 Risk Management Anticipate potential issues and plan solutions.

4. Step 2: Prepare Data Collection Gather information from various sources, such as travel brochures. Data Cleaning Verify and correct data accuracy, such as checking travel dates. Data Integration Combine information into a single plan, such as an itinerary. Data Storage Store data in an accessible format, such as a travel app or notebook.

5. Step 3: Process Data Transformation Adapt data to meet needs, such as converting time zones. Feature Engineering Add useful details, such as best times to visit attractions. Data Reduction & Sampling Focus on important information, simplify, and prioritize key items if there are too many.

6. Step 4: Analyze Exploratory Data Analysis (EDA) Understand the sequence and logistics, such as mapping routes. Model Building Develop a detailed plan, such as a day-by-day schedule. Model Evaluation Ensure feasibility and time management, such as assessing the schedule. Hypothesis Testing Verify assumptions, such as checking opening hours.

7. Step 5: Share Data Visualization Create visual aids, such as maps and checklists. Reporting Document the plan, such as a detailed itinerary. Communication Share and discuss the plan with stakeholders. Feedback Collect and incorporate feedback for improvement.

8. Step 6: Act Decision Making Use the plan for decision-making during execution, such as prioritizing activities. Implementation Follow the plan and make reservations as needed. Monitoring Track progress and adjust as necessary, such as handling delays. Iterate Review and refine the plan based on experience, such as feedback for future trips.

9. The 6-Step Process: A Framework for Success Now we will explore a powerful 6-step process that can be applied to a wide range of situations, from personal goals to business projects.

10. Example 1: Planning a Family Vacation 1 Plan Define objectives, identify stakeholders, allocate resources, set a timeline, manage risks. 2 Prepare Collect and clean travel data, integrate into an itinerary, store plan. 3 Process Adapt data (e.g., local time zones), focus on key activities, prioritize must-sees. 4 Analyze Review routes, schedule activities, verify feasibility. 5 Share Visualize itinerary, communicate with family, get feedback. 6 Act Execute plan, monitor progress, adjust as needed.

11. Example 2: Monthly Household Budget Plan Define budget goals, identify stakeholders, allocate income, create a timeline. Prepare Collect bills, clean data, integrate expenses into a spreadsheet. Process & Analyze Categorize and predict expenses, focus on major categories, identify spending patterns, forecast budget, evaluate savings. Share & Act Visualize budget, report summary, discuss with family, adjust spending, monitor and refine budget.

12. Example 3: Fitness and Health Tracking 1 Plan Define health goals, allocate resources, create a monthly plan. 2 Prepare Collect and clean health data, integrate into an app. 3 Process Create weekly trends, focus on key health indicators. 4 Analyze Track trends, forecast future health levels, evaluate targets. 5 Share Visualize progress, report summary, discuss with trainer. 6 Act Adjust diet and exercise, track metrics, refine goals.

13. Example 4: Managing a Small Business Plan Define business objectives, identify stakeholders, allocate budget, create a quarterly plan. Prepare Collect sales data, clean errors, integrate into business software. Process Convert sales data to trends, focus on key metrics, review periods. Analyze Identify sales patterns, forecast future performance, evaluate targets. Share Visualize sales performance, report summary, communicate with team. Act Adjust marketing strategies, monitor performance, refine business plan.

14. Example 5: Planning a Wedding 1 Plan Define wedding goals, identify stakeholders, allocate budget, create a timeline. 2 Prepare Collect vendor options, clean duplicates, integrate guest list. 3 Process Sort by categories, create a budget tracker, focus on key tasks. 4 Analyze Understand options, create a timeline, evaluate constraints. 5 Share Visualize timeline, report plan, communicate with families. 6 Act Select vendors, book venue, monitor RSVPs, adjust plans.

15. Example 6: Cooking a Large Meal Plan Define meal goals, allocate ingredients, create a prep schedule. Prepare Collect recipes, clean ingredient quantities, integrate into meal plan. Process Convert measurements, create a shopping list, focus on main dishes. Analyze Understand cooking times, create a schedule, evaluate constraints. Share Visualize schedule, report meal plan, coordinate with helpers. Act Finalize menu, shop for ingredients, track cooking stages, adjust as needed.

16. Example 7: Gardening Project Plan Define gardening goals, allocate budget, create a planting season timeline. Prepare Collect plant data, clean requirements, integrate into a garden journal. Process Group plants by type, create a planting schedule, focus on viable plants. Analyze Understand growth patterns, forecast growth, evaluate soil conditions. Share Visualize garden layout, report plan, communicate with family. Act Choose plants, prepare soil, track growth, adjust care routine.

17. Example 8: Event Planning Plan Define event goals, identify stakeholders, allocate budget, create a timeline. Prepare Collect vendor options, clean contact lists, integrate event details. Process Sort by category, create a task list, focus on key vendors. Analyze Understand options, create a timeline, evaluate constraints. Share Visualize event schedule, report plan, communicate with participants. Act Select vendors, book venue, track RSVPs, adjust plans.

18. Example 9: Managing Personal Finances Plan Define financial goals, identify stakeholders, allocate income, create a timeline. Prepare Collect income data, clean duplicates, integrate into financial software. Process Categorize expenses, create a budget tracker, focus on major expenses. Analyze Identify financial patterns, forecast budget, evaluate savings. Share Visualize budget, report summary, discuss with family.. Act Adjust spending, create savings plan, track metrics, refine goals. Image: Example of personal finance dashboard or report.