Businnes analytics

BUSINESS ANALYTICS

Definition

Business analysis is a process that begins with the collection of business-related data and involves the sequential application of analytical, descriptive, and predictive components. The outcome of this process supports and demonstrates business decision-making, thereby enhancing organizational performance (Sedkaoui ,2018).

DATA-BASE DE DATOS

Techniques

Statical methods

Types of analytics

It is a process of

Data collection

Cleansing

Transforming

Modeling data

Data mining

Data warehousing

Descriptive

Predictive

Perspective

Which focuses on reporting on what happened in the past;

Reporting

Data visualization

Dashboards

Which uses past data to try and predict future events.

Regression analysis

Machine learning models

Forescating

Which combines data from the two previous types and uses real-time

Simulation

Decision tress

Optimization

Descriptive statistic

Inferencia statistic

Machine learnind models

Mode,mean and Mode

Standard desviation

Data distribution

Hypothesys testing

Confidence intervals

Regresion analysis

supervised learning

Unsupervised learning

Linear regresion

Decision trees

Clustering

principal component analysis