How to Present Data and Findings
Modern business operations generate a variety of data from processes such as sales, customer relationships, human resource management, and product ordering. These multiple data sources are brought into a single repository. Often data analyst create reports for decision makers to aid in decision making and organizational planning.
Business intelligence (BI) tools are used to identify insights from data repositories. These BI tools connect to different data sources and enable data analysts to equip decision makers with relevant insights from the data. BI tools offer features that are useful for reporting, querying data, online analytical processing (OLAP), and data mining. In this article we will discuss each BI activity and how they are supported in Tableau, QlikView, and Excel. Lastly, we will look at how PowerPoint can be used to prepare presentations to effectively communicate findings.
How to Analyze Data
After your team and data analyst have finished setting your objectives and gathering data you need to analyze your data to meet your objectives. When analyzing data you can use descriptive, visual, inferential, or modeling techniques. In this article we discuss various data analysis techniques and tools to use in analyzing your data.
Summarizing Data Using Descriptive Statistics
Descriptive statistics help you summarize and understand your data. There are different techniques for summarizing your data depending on if your data is categorical or continuous. Categorical data refers to observations that fall into distinct categories for example male or female. Continuous data refers to observations that do not have any distinct categories such as weight.
How to Organize and Wrangle Data
Your data analyst in Washington D.C. often begins each project with organizing data. Organizing your data makes it very easy to gather relevant information from your data. In an organization there is often multiple sources of data that need to be brought together to provide a complete view of your processes.
The process of combining data from multiple sources into a single repository is referred to as data integration. For example an organization that sells products online needs to organize data on sales, store inventory, items returned by customers, orders placed from suppliers, and revenue for each product. Through data integration all of this data is combined and segmented to provide valuable insights.
How to Gather Data
When you need to make informed decisions you need to rely on accurate data provided by a data analyst. To gather accurate data you must begin by collecting, analyzing, and interpreting the right data. In an order to collect the accurate data you need to follow an organized and systematic way of gathering all the pieces of information from the sources available to you. When gathering data you can collect quantitative data, qualitative data, or both.
Quantitative data are observations that are expressed in numbers and you can meaningfully summarize using statistical techniques. For example, the number of visitors to a website is qualitative data. Qualitative data provides you with descriptions and you cannot summarize it meaningfully with statistics. For example, if you ask your customers why they decided to purchase your product rather than your competitors, you will get qualitative data. In this article we discuss how to gather data from Google Analytics, Adobe Analytics, social media, and point of sale transactions.
How Big Data Can Be Used for Your Business
The expression "data analyst" summons pictures of a solitary expert working alone, applying obscure recipes to boundless measures of information looking for valuable insights. Information investigation is not an objective in itself. The objective is to use the information to empower your business and develop and craft strategies that improve operational efficiency and profit margins.
In this article we take a look at how an experienced data analyst in Washington, D.C. is qualified to give your business a competitive advantage against your competitors through the analysis of big data.