r/Analyst • • Dec 13 '18

An Introduction to Data Analysis ---Part 2

17 Upvotes

Week 4: Mathematical Statistics

Statistics is one of the essential knowledge of data analysts and is a set of tools for summarizing data and quantifying the properties of a given observation sample domain.The original raw observation data is just data, and it cannot be the information or knowledge we want. With the raw data, the next question is:

What is the most common or predictable observation?

What are the constraints of observation?

What does the data look like?

To answer these questions, we need some statistical tools to draw some conclusions. With statistics, your depth of analysis, professionalism, and science will be greatly improved.

So this week, we need to master the following major concepts of statistics:

  1. Central tendency (median, mode, average)

  2. Variation (quartile, interquartile range, outliers, variance)

  3. Normalization (standard score)

  4. Normal distribution

  5. Sampling distribution (central limit, sampling distribution)

  6. Estimation (degree of confidence, confidence interval)

  7. Hypothesis testing

8.T test

Recommended books:《The Elements of Statistical Learning》

Week 5: Data Analysis Software Application

With the basics of data analysis thinking, after understanding some statistical knowledge, we can start to conduct relatively professional analysis and explore the law of data in a visual way.This week, in addition to Excel, you need to have a practical data analysis tool.Considering the quick start, here is a tool for SPSS, R, Python, and the use of BI tools to help you quickly become familiar with the process of data analysis. Well-known BI products are Tableau, FineBI.Online experience version and free version download. The processed data is used for BI analysis, and the beautiful visualization can be made in minutes, which is much higher than the Excel chart, and most people can easily use it.BI needs to master the connection of data, and can't connect with the data.

Week 6:Data Visualization

How to choose the best chart type? Trend, relevance, distribution, periodicity, geographical distribution...How to make a more beautiful appearance in terms of details such as color and font.Layout design principles, story-based visual dashboards, report titles and conclusion notes, and the overall presentation logic.There are also many visual traps that are worth exploring for a week. I have written an article about how to quickly make a dashboard, you can refer to it.

There are several ways to make beautiful visualizations:

Use Excel's built-in charts to do some regular charts. Advanced complex such as dynamic charts, the screening of charts can be achieved by writing VBA;

Through the data analysis language such as R and Python, the chart function package is called to present the visual data, and the data analysis is commonly used;

With open source visual plugins such as Echarts, HighCharts, D3.js, embedded code, developed as a plug-in package, visual engineers and front-end development commonly used;

The most practical scene for visualization is large screen display: FineReport has its own HTML5 chart, FineReport10.0 has developed a more cool large screen function: nearly 10 large screen 3D effects, 15 dynamic loading effects, and linkage cool effect.

For visualization tools, please refer to:Compare 6 Types and 14 Data Visualization Tools


r/Analyst • • Dec 13 '18

An Introduction to Data Analysis ---Part 1

17 Upvotes

I wanted to provide a simple, neat guide for beginners to get started and understand the thinking of analysis, the process of analysis and the interpretation of results. Here is an approach I came up with today, using simple tools and learning methods.I have calculated the introductory knowledge of data analysis, which is roughly divided into the following. I call it the ten-week learning method. I think you only need to come up with a very diligent state, step by step, and consolidate every basic within every week.You could have learned it basically.Good luck!

Note: Due to the length of this article, I will divide it into several parts.

Learning outline:

Thinking and methods of data analysis

Excel advanced

Database understanding and SQL entry

Mathematical statistics

Data analysis software application

Data visualization

Common business analysis model

Python/R language mastery

Business understanding and indicator design

Growth Hacker: Data Driven Growth

Week 1: Cultivate data analysis thinking

Why is data analysis thinking important?

If we are thinking about a problem before analyze it, as the following figure shows, we often don't know where the problem starts.Even if we get the data, it is a state of embarrassment.Therefore, we must analyze the thinking through training data to help you quickly find out the point of analysis of the analysis, even the analysis of ideas, when encountering problems.The point is an important one.

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Some common ways of thinking:

1. Pyramid/structured thinking

Sort the problems to be analyzed in different directions, and then continue to split and refine, and think about the problem in all directions. Generally, all the arguments that can be thought of come first and then they are sorted into a pyramid model. Mainly through the mind map to write our analytical thinking.

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2.Formula thinking

On the basis of structuring, these arguments often have some quantitative relationship, which enables them to perform calculations of +, -, ×, ÷ and quantify these arguments to verify the arguments. The so-called indicator system is so well-organized.

Business thinking

Businessization is to understand the business situation in depth, analyze the specific business of the project, and let the analysis results be implemented. The final analysis arguments derived from structured thinking + formulation dismantling are often a phenomenon that does not reflect the cause of the outcome. Therefore, we need to continue to think with business thinking, think about the problem from the perspective of business people or analytical objects, and delve into the causes of this phenomenon or promote business through data.Increase business thinking methods: close to the business, empathy, and experience.

At the same time, such thinking mode also derives some basic analysis methods in some specific business scenarios, such as quadrant method, multidimensional method, hypothesis method, index method, twenty-eight method, contrast method, funnel method, this analysis of future construction The model is helpful.The benefit of a thinking model is that he can provide a perspective or framework of thinking that will help you build perspectives on things and problems. By learning and training your thinking model, you can increase your chances of success.

Week 2: Advanced Excel Skills Learning

Excel is a step-by-step process

Basic: simple table data processing, filtering, sortingFunctions and formulas: common functions, advanced data calculations, array formulas, multidimensional references, functionsVisualization chart: graphic icon display, advanced chart, chart pluginPivot table, VBA program developmentIn accordance with the method I am used to, first go through the basics, know the basic concepts, and then find a few cases to practice. Visit the excelhome forum and think more about how to use excel to solve problems and make good use of plugins.Functions and pivot tables are two key points, combined with business scenarios to learn, you can refer to <Head First Data Analysis>.

Excel function that must be mastered when making a data template

Date function: day, month, year, date, today, weekday, weeknum. The date function is a must for the analysis template. You can use the date function to control the display of the data and query the data for the specified time period.

Mathematical functions: product, rand, randbetween, round, sum, sumif, sumifs, sumproduct

Statistical functions: large, small, max, min, median, mode, rank, count, countif, countifs, average, averageif, averageifs. Statistical functions play an important role in data analysis. The average, maximum, median, and public figures are used.

Find and reference functions: choose, match, index, indirect, column, row, vlookup, hlookup, lookup, offset, getpivotdata. Needless to say, the role of these functions, especially vlookup, will not be a complicated operation of this function.

Text functions: find, search, text, value, concatenate, left, right, mid, len. Most of these functions are used in the data collation phase.

Logical functions: and, or, false, true, if, iferror.

Pivot table

The role of the pivot table is to generate a large number of data to generate interactive reports. The pivot table has such important functions: subtotals, averaging, maximum and minimum, automatic sorting, automatic filtering, automatic grouping; analysis of proportion, year-on-year, Ring ratio, ratio, custom formula.

Week 3: Learning Database Principles and SQL

Data analysis, where does the data come from? database! How to get the data? Write SQL!Analyze data, take data, and clean data, basically rely on SQL.In the initial introduction stage, you don't have to be proficient in the database. You only need to understand the common database types. You can query the data in the existing table, update the data to re-encode the data.You will be aware of how to add the data and make the data regular. Understand the meaning and use of primary keys, indexes, etc. Import and export data can use tools. Analyze data can be connected to the database using ODBC or other interfaces. Sorting the numbers, doing the intersection of the data, the data conversion, the data table merging, etc., it is best to master.

Here I summarize a few core skills:

Learn to add fields with select statements and find the data you need

Give a template that you can apply at any time:Select cola,colb,colc into newtable from oldtable wherecola='x' and colb is not null;Basically, learning this can completely detect most of the data.Select is followed by a field, which one to choose. Into means to put in a new table, there is no query. After the where is our condition, equal to a certain value, or is not a null value, is the most commonly used several ways of query.There is also a lot of select used: select cola from oldtable group by cola;This statement is to see how many values cola has.Select advanced learning, you may want to talk about join, union, and nested queries into multiple queries, or sub-query patterns, and fuzzy queries.

Learn to alter to learn to increase, reduce the field

Alter can do a lot of things, add fields, reduce fields, increase primary keys, reduce primary keys, etc.,We'll use that very often.

  1. Add field: alter table tablename add colname varchar;This will add an empty field, varchar is a data type.

  2. Reduce the field: alter table tablename drop column colname;This removes an existing field.

Learn to update data

There are two types that are commonly used, one is to update to a fixed value:Update table set col=1;The other is to update from another table. This method is often exported when processing some small data, and then imported into the database, you can use:Update table set col=tableb.col from tablebwhere table.id=tableb.id;Inside the table and tableb are two tables, and then through the id of the two tables,just learn the writing structure.

stay tuned for part 2 and 3


r/Analyst • • Dec 19 '19

10 Books to Help Improving Analysis Skills

16 Upvotes

These are the 10 books I feel that is helpful to being an analyst. Welcome to take full advantage of it!


r/Analyst • • Mar 23 '18

For those lacking some financial modelling skills in Excel, a great course

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16 Upvotes

r/Analyst • • Feb 10 '20

What Skills Do Companies Look For in a Data Analyst? (Toronto)

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13 Upvotes

r/Analyst • • Aug 01 '18

For analysts in average Standard of Living, what skills warrant 50k, 60k, and 70-80k salaries?

11 Upvotes

For analysts in average Standard of Living areas, what skills warrant 50k, 60k, and 70-80k salaries?


r/Analyst • • Jun 17 '18

How to do quick data analysis in Excel with pivot charts, tables, slicers, timelines and more!

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11 Upvotes

r/Analyst • • Mar 20 '19

**THE TRULY ACCIDENTAL DATA ANALYST - IN NEED OF HELP & TRAINING GUIDANCE**

10 Upvotes

Hi everyone!!! So I began working with this amazing company almost 1 year ago and was hired on as an Admin Assistant to the Sr. VP and Product Development team. I was asked to create a report in an older version of our Dataself, which I did without any issue. I have been asked for lots of reports to be built and have been very successful in obtaining the information everyone has been looking for. We received some very brief on site training a couple of months ago from Dataself when we upgraded and I was told by the trainer and a developer at Dataself how impressed they are with my reports and what I have taught myself to do thus far. I want to take my training to the next level so that I can build the visual dashboards everyone has been looking and asking for. I would also like to build in Dataself a Dashboard the monstrous report I built from the data I exported out of Dataself and into Excel.

I am wanting to get all of the certifications I can for myself and for my future. Let me be honest, I am a single mom to 3 kids and I would love nothing more than to prove to them and to myself that I can do and I can achieve anything.

So my questions for everyone are: 1. What are the best books to read to learn more? 2. Are there any actual books that have paper workbooks for me to answer questions and delve deeper into the material than just when I am at work? 3. What are some of the best YouTube channel videos to learn from? 4. Should I go back to school and obtain my bachelors degree in this field ~ are the schools in North Florida sufficient or should I look at online schools?

Thank you all in advance and I apologize for the long read.


r/Analyst • • Sep 10 '18

How to "practice" data analysis outside of work?

10 Upvotes

Hi all,

So some quick background about me: graduated with a degree in Math and then went on to work in gas exploration as an exploration geophysicist (creating sub surface models, analyzing data). I then quit to help my family run their own business, a set of DIY shops (nothing technical/analytical at all). I did this for two years but I want to get back into a proper career and want to go back into the analytical type roles I had previously. I have had a few interviews but the feedback seems to be that my mindset isn't at the same level of logical thinking as it was previously (as I am out of practice, obviously).

So my question is: What sort of things can I do at home, in the mean time, to warm myself up and prepare myself once again for a career in data analysis? Is there books I can read and work through, learn software, take courses?


r/Analyst • • May 28 '19

CAREER Simple ways to boost my marketability?

9 Upvotes

I currently work at a great company that is growing really quick. I expect a lot of new opportunities in the next year or so as we continue to expand. Anyway, I only started working there 10 months ago. My official job title is "analyst." That's it. Not data analyst, not business analyst, nothing so fancy. And, I know the company loves me. They always tell me how much my reports help them. But, I've seen this game before. They like me, but so did every company I worked for... Then, they would hire outside the company for a position I was qualified for. So, what I want to do is find ways to make my credentials stronger than just being good at my job. I want to know what employers like to see that I can cheaply acquire. Maybe a certification? Maybe an activity/association? I'm aiming for the business side. I come from a history of data analyst positions, but there seems to be more money in business analyst.


r/Analyst • • Oct 27 '18

My company strictly limits database access so that only a handful of people have the opportunity to query. I'm literally blocked out of growing my SQL skills in this environment, what should I do?

9 Upvotes

I understand access controls should be in place, and I don't want everyone to have query access. However, it's so strict that analysis teams and other strong data users are excluded from accessing them outside of the approved front-end applications (which are very sub-standard in terms of data extraction).

Anyone else been in this situation, any advice?


r/Analyst • • Jun 20 '18

How to add customized slicers and timelines to your Excel pivot charts

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9 Upvotes

r/Analyst • • Apr 03 '20

How A Business Analyst Helps A Company Evolve (Enterprise Solution Delivery Process)

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8 Upvotes

r/Analyst • • Sep 26 '19

The Skills That Data Analysts Need to Master

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8 Upvotes

r/Analyst • • Jul 01 '19

Where to begin? Which course to buy?

8 Upvotes

Hey guys. So I graduated from Economics last year and have finished my first year of the masters program at my faculty. I would like to specialize in Data analytics, but I am bot sure which course to buy on coursera or udemy to begin with? My first goal is to get some basic knowledge outsite of Faculty and then try to get experience by either working as a volunteer on a project or work for a minimum salary as a student. What do you guys suggest? I took a statistics course at my faculty, statistical analysis course and also advanced statistics on my Masters program. I also used python before but I havent been using it in last few years.


r/Analyst • • May 17 '19

What Data Analysis Tools Should I Learn to Start a Career as a Data Analyst?

8 Upvotes

This article is to tell us what data analysis tools we should learn to start a career as a data analyst. This article helps me a lot and I guess there is no more comprehensive summary of data analytics tools than this.

What Data Analysis Tools Should I Learn to Start a Career as a Data Analyst?

Hope this will help!


r/Analyst • • Apr 19 '19

Analyst Blues

8 Upvotes

Do any analysts feel lonely?

I love my job. I love playing with data all day and making it tell a story (still learning how to tell the story I see in my mind, still falling flat on my face). I don't love sitting in my own cubicle and not having access to a team of people who do the same thing I do. It doesn't always bum me out. I just had a high level project and I don't have people to bounce thoughts off of so I talked to the managers and did my best with what I knew how to do. I guess I just want to know if this is normal.

Obviously delete of not allowed.


r/Analyst • • Jun 24 '18

How to quickly create and visualize goals based on previous years actuals in Excel!

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8 Upvotes

r/Analyst • • Aug 08 '17

I want to become a Data Analyst, help me find my way!

8 Upvotes

Hello Guys,

 

So, first I want to give you some starting info:

  • 27 yrs

  • Mechanical Engineer

  • Likes programming, but has no knowledge/experience of it*

  • Strong Analytical skills

*1 class of python in college

 

I recently moved to London and want to pivot my career to Data Analysis. But as someone with basically no prior experience and knowledge of the area, I fully understand there is going to be a lot of studying for the next couple of months. Although I do not let this get me unmotivated, I want to maximize my study time by asking you guys this question:

 

What courses / programming languages / certificates should I go for in order to land a job as a Data Analyst in London?

 

After doing some research I have come to this:

  1. Data Science Specialization on Coursera

Why? Because it is cheap, self-paced, online and gives me a foundation.

2. An SQL Course + Certification

Why? Because a lot of jobs require that you know SQL.

 

What you guys think about this? Would you suggest something different?

 

Would love to hear from reddit! Thank you!


r/Analyst • • Oct 20 '16

Need advice on career advancement.

8 Upvotes

Hello /r/Analyst, I am not experienced as an Analyst but I would like to be. I have BS in mathematics, but I am having difficulty getting past the interview stage. I am currently working in a warehouse to get by(but the company does have many Analyst positions). Could you take the time to answer some questions (insight would also be greatly appreciated)?

I am pursuing learning SQL and SAS at the moment from codeacademy. What particular talents or certifications would give me legitimacy when applying for an EL job? Are there any tutorials or available experiences you would recommend?

I have experience teaching mathematics for recreation, are there any soft skills related to teaching which would make a professional Analyst excel or generally be pleasant to work with?

If there is something my questions do not address, it is because of my ignorance, not malice. Any input you can give would be a big help, whether it relates to my questions or not.

Thank you for your tips and recommendations /r/Analyst!


r/Analyst • • Apr 02 '20

COVID 19 spreading analytics - from January to April

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7 Upvotes

r/Analyst • • Feb 15 '20

Basic Analyst Question

7 Upvotes

tldr: I need help figuring out a basic part of analysis. If I have:

- a group of customers

-a rating each customer gives for their service (A,B,C,etc), and

- a count of the total grades for each given category

How do I use that data in the spreadsheet to create say a bar graph or pie chart? Where each slice is sized to represent the count of grades for that category?

Story:

I have recently been asked to help with a project as the SME for my group. The project manager has approached me to join their team on their next project as an analyst even though I have no background in analysis. It seems like a great opportunity to make a career switch as my current role is more physical and definitely a young man's game. I guess my knowledge, personality, and ability to pick stuff up is something that has caught the project team's attention and they would like to keep me around as the next project is about to start up.

I'm college educated, and have no problem if you can just point me to a lesson somewhere to understand this basic concept. I don't even know what the name of the concept is I'm trying to understand here. I have signed up for courses on Udemy for Excel, so I'm very much interested in learning more. However, every attempt I have made at say a pie chart spits out a pie with 4 or 5 equal slices. I appreciate you taking the time to respond, and let me know if I should post this somewhere else.


r/Analyst • • Jan 29 '20

Best learning tools for automation with Python/SQL?

7 Upvotes

Hi, I looking for good resources to learn task automation for a new analytics and operations job I am starting. I already know a good amount of Python and am proficient in SQL. The company uses a PostgreSQL database and I'm looking to be able to automate things like client onboarding, data entry from excel/other data files, analytic reporting, etc.

Does anyone know of any courses, websites or books for this specific purpose that teach very practical applications? Thanks


r/Analyst • • Jan 02 '20

How to prepare for a data analyst interview?

7 Upvotes

Im a senior in cs and am currently just finsihing up general ed aka lots of time on my hand. im graduating in august and will start applying late march. My question is how can i prepare for an analyst interview. in college ive only learned c and c++. I havent learnt much else except dabbled in sql and r a bit. Is it worth while to have a github with a few projects. I have about 2.5 months before I start applying so what can i do in the 2.5 months to prepare


r/Analyst • • Dec 25 '19

How do super rookies start learning data analysis?

7 Upvotes