Business Analytics

Business Analytics

1. Statistical Methods

   • Descriptive Statistics
     • Summarize large datasets
   • Inferential Statistics
     • Regression, classification, forecasting
   • Predictive Models
     • Hypothesis testing, confidence intervals

2. Big Data Foundations

   • 5Vs: Volume, Velocity, Variety, Veracity, Value
   • Hadoop and Spark
     • Distributed storage
   • Data Evolution
     • Data explosion, mass storage systems

3. Analytical Processes

   • Data Collection
     • Raw information from diverse sources
   • Data Cleaning
     • Ensuring quality and reliability
   • Data Visualization
     • Dashboards, reports, decision support

4. Applications in Business and Society

   • Business Transformation
     • Customer segmentation and market trends
   • Public Administration
     • governance, decision-making risks
   • Healthcare Analytics
     • clinical impacts, opportunities and vulnerabilities
   • Ethical and Social Issues
     • privacy, fairness and transparency