1. Introduction - (Data Analytic using Excel)
In this video, you will learn the following concepts, • Data Processing • Data Analytic • Data Analytic Tools Why Data Analytic? • Remember, as quoted by British mathematician Clive Humby, “Data is the New Oil”. It's valuable, but if unrefined it cannot really be used. So one should be able to derive new info from existing one very well. • So, Data analytics is important in every organization. • With data analytics you will be able to make decisions on customer trends and behavior prediction, increasing business profitability, and drive effective decision-making which can lead to new—and better—products and services. • Data Analysis, Data Analytics, Business Intelligence and Business Analytics are just the overlapping terms. • In general, data processing is the initial stage of Data Analytics. • Excel, provides many tools through which one is able to take a wise decision like Goal Seek, Solver, Filtering, Conditional formatting, Charts, Subtotal, Pivot Table, Slicer etc. It also supports many Financial, Statistical, Engineering, Web based built-in-function.
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