Advanced Data Analysis and Visualization
Exploratory Data Analysis (EDA) and Statistical
Techniques
Content:
• Introduction to Data analysis
• Types of analysis
• Exploratory Data Analysis
• Steps in Exploratory Data Analysis
• Statistical Analysis Techniques
• Tools for data visualization and analysis
Introduction to data analysis
• Data analysis is the process of inspecting, cleaning, transforming, and
modelling data to discover useful information.
• It enables better decision-making and problem-solving in business, scientific,
and social domains.
Types of data analysis
• Descriptive: Summarizes past data.
• Diagnostic: Explains causes of results.
• Predictive: Uses past data to predict future
outcomes.
• Prescriptive: Suggests actions to achieve
desired outcomes.
Exploratory Data Analysis (EDA)
• EDA is used to analyze datasets to summarize their main characteristics.
• It is crucial for understanding the structure, relationships, and anomalies in
the data.
• Techniques include visualization, statistical summaries, and data cleaning.
Steps in Exploratory data analysis
1. Data Cleaning: Handling missing data, outliers, and duplicate records.
2. Data Transformation: Converting data formats, scaling, and encoding.
3. Visualization: Creating graphs and charts to identify patterns.
4. Statistical Analysis: Analyzing distributions, correlations, and key metrics.
Statistical analysis techniques
• Hypothesis Testing: Validates assumptions or claims about data.
• Descriptive Statistics: Mean, median, mode, variance, etc.
• Correlation and Regression: Determines relationships between
variables.
• ANOVA, Chi-square tests: Used for comparing groups.
Tools for visualization and
analysis
Power BI: Business analytics service for interactive reports.
Tableau: Visual analytics platform for making data easy to understand.
Python and R: Programming languages for statistical analysis and
machine learning.
Practical data analysis project
• Objective: Analyze real datasets from Afghan companies to create business
reports.
• Techniques: Statistical analysis, EDA, and visualization using Power BI/Tableau.
• Outcome: Simulate a business analytics scenario through dashboards and visual
i.e. Real Dataset ( retail for example)
reports.
EDA project
• Task: Perform EDA on the given dataset using Python (Pandas,
Matplotlib, Seaborn).
• Expected Output: Generate insights and create visual reports
summarizing the data.
More…