Business Analytics

Foundations of Business Analytics

• What Is Business Analytics?

• Scope of Business Analytics

• Major Components of Business Analytics

• Differences between Business Analytics and Business Intelligence

• Evolution of Business Analytics

• Some Popular Business Analytics Tools

• Sources of Data for Business Analytics

Data & Database Analytics

• What is the term "Data"?

• What is Information?

• Types of Representation of Data

• Different kinds of data

• Different forms of data

• What is Data Structure?

• Difference Between Data and Information

• Different Data Sources

• What kinds of data quality problems?

• Concept of Database

• What is Database Management System?

• What is Database Schema?

Data Visualization & Descriptive Analytics

• Importance of data visualization

• Different Data Visualisation Tools

• Frequency Distributions and Histograms

• Box plots and identification of outliers

• Bad in Data Visualisation

• Common Data Visualisation Mistakes

Probability, Risk & Sampling

• What is probability?

• Types of Probability

• Terms of Probability

• Rules on Probability

• Risk and uncertainty in Business Decisions

• Random Variable and its Probability

• Expected Value of a Discrete Random Variable

• Use of Expected Value

• Variance of a Discrete Random Variable

• Sampling concepts and importance

Conclussion

Statistical Inference

• Concept of Statistical Inference

• What is an Hypothesis?

Predictive Modelling

• Multiple Linear Regression

• Practical: Data 1st part

• Practical Data: 2nd Part

• Calculation

• Role of Control Variables

• Bias of Omitted Variables

• Regression assumptions that have to Test & keep in mind

• Logistic Regression

• Decision trees and classification models

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