How to Analyze Data - PowerPoint PPT Presentation

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How to Analyze Data

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Data analysis is identifying trends, patterns, and correlations in vast amounts of raw data to make data-informed decisions. These procedures employ well-known statistical analysis approaches, such as clustering and regression, and apply them to larger datasets with the assistance of modern tools. – PowerPoint PPT presentation

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Title: How to Analyze Data


1
How to Analyze Data?
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2
What is Data Analysis? Data analysis is
identifying trends, patterns, and correlations in
vast amounts of raw data to make data-informed
decisions. These procedures employ well-known
statistical analysis approaches, such as
clustering and regression, and apply them to
larger datasets with the assistance of modern
tools.
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3
  • How to Analyze Data?
  • Generally, there are two main approaches to data
    analysis
  • Data analysis in qualitative research
  • Data analysis in quantitative research 
  • Data analysis in qualitative research
  • Quality information consists of name, location,
    tweet, mail, yes-no type, etc. Data analysis and
    research in subjective information perform
    slightly better than numerical information
    because extracting knowledge from such jumbled
    data is a complicated process it is typically
    used for experimental research and data analysis.
    Some of the most common qualitative approaches
    are as follows
  • Content analysis is used to analyze behavioral
    and verbal data.
  • The narrative analysis deals with data collected
    through interviews, journals, and surveys.
  • Grounded Theory is a method of constructing
    causal explanations for a current event by
    examining and extrapolating from one or more
    previous cases.
  • Data analysis in quantitative research
  • Raw data is collected and processed into
    numerical data using statistical data analysis
    tools.
  • Methods of quantitative analysis include
  • For data collection or demography, hypothesis
    testing determines whether a hypothesis or theory
    is true.
  • Determining the mean or average of a subject.
  • Sample Size Determination analyzes a small sample
    drawn from a larger group of people. The obtained
    results are assumed to be typical of the entire
    body.


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4
  • Now broaden the discussion of data analysis
    techniques, which are ways to refer to concepts
    and tools.
  • AI and Machine Learning
  • AI is becoming more popular and has proven to be
    a beneficial tool in data analysis. Among the
    relevant analysis techniques are
  • Artificial neural networks
  • Decision trees
  • Evolutionary programming
  • Fuzzy logic
  • Mathematics and Statistics
  • This is the method used for number-crunching data
    analytics. Among the techniques are
  • Descriptive analysis
  • Dispersion analysis
  • Discriminant analysis
  • Factor analysis
  • Regression analysis
  • Time series analysis 


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5
  • Graphs and Visualization
  • Humans are a visually appealing group. Images and
    displays capture our attention and remain with us
    longer. Among the techniques are
  • Charts
  • Frame diagram
  • Rectangular tree diagram
  • Maps
  • Scatter plot
  • Importance of Data Analysis
  • Data analysis can help to determine where the
    advertising efforts are focused.
  • Data analysis aids firms in setting prices,
    determining the length of ad campaigns, and even
    forecasting the number of items required.
  • Data analysis reveals which sections of the
    organization require more resources and money and
    which areas are failing and should be reduced or
    deleted entirely.
  • Data analysis assists organizations in making
    good decisions and avoiding costly mistakes.
  • About InfosecTrain
  • InfosecTarin is a premier provider of Cloud
    Computing, Cybersecurity, and Data Science
    Training worldwide. So, if you're interested in
    any of these professions, join InfosecTrain and
    gain the skills you'll need to succeed. 

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6
About InfosecTrain
  • Established in 2016, we are one of the finest
    Security and Technology Training and Consulting
    company
  • Wide range of professional training programs,
    certifications consulting services in the IT
    and Cyber Security domain
  • High-quality technical services, certifications
    or customized training programs curated with
    professionals of over 15 years of combined
    experience in the domain

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7
Our Endorsements
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Why InfosecTrain
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Post training completion
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Our Trusted Clients
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10
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11
Contact us
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