Bussiness Analytics

Bussiness Analytics

1. Statistical Methods

   • Descriptive Statistics
     • Calculates, analyzes, summarizes, organizes, and describes data
   • Diagnostic Statistics
     • Analyzes, explains, and identifies the causes of the data
   • Predictive Statistics
     • Predicts and identifies outcomes
   • Prescriptive Statistics
     • Recommends actions to take based on the obtained results

2. BIG DATA

   • manage databases in a way that meets the 5 Vs

3. Transform large volumes of data into useful information

   • Business decisions

4. Structured data

5. Unstructured data

6. Technological platforms

   • hadoop
   • Spark
   • Analytical databases