BAT Flashcards
Field of computer
science that uses math, and statistics.
Analytics
involves sifting through massive data
Analytics/Data Analytics
highly organized
and formatted so that it’s easily
searchable in relational database
Structure Data
has no predefined format or organization, making it difficult to collect, process and analyze.
Unstructured Data
the art of assembling the data gathered through Business Intelligence in such a way that it can be analyzed by people.
Business Analytics
the use of data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about business operations and make better, fact-based decisions
Business Analytics
the process of collecting information from all sources to make data-driven decisions in an organization
Business Intelligence
the study of data to extract meaningful insights for business
Data Science
the process of sorting through large data sets to identify patterns and relationships that can help solve business problems through data analysis.
Data Mining
We should always start with Business Problems
Business Understanding
Cross-Industry Standard Process for Data Mining.
CRISP-DM
basic entities such as
name, age, etc.
Data
involves
accessing the data and exploring
it using tables and graphics
Data Understanding
level or depth of
data
Granularity
it is a safe space to
explore
Sand Box
for live data
Production
often extremely time consuming
Data Preperation
a simplified
description of a system or
process to assist calculation and
predictions
Model
Give Popular Analytics tools
Excel, Python, Rstudio, Database, Tableu power BI
explore/analyze smaller data sets
Excel
visualize your data with dashboard
Tableu power Bl
allows you to build statistical models that can make predictions about your data
Python / Rstudio
Allows you to communicate and interact with databases
Databases
4 Characteristics of Big Data
Volume, Velocity, Variety and Veracity
data size
Volume
speed of change
Velocity
Different forms of data
Variety
collect data (unstructured
data)
Input
normalization
Process
Structured data
(Organized)
Output
Presents new opportunities and challenges
Big Data
use of images to present information
Visualization
about creating a business insight, rather than simply reporting on collected business data.
Visualization