Statistical
Analyze Operational Data for Improvement
The Evolution of Data Analysis Techniques
Disciplines
Analytical Frameworks
Data Summarization
Financial Analytics
Business Analytics
Utilizing Data for Market Insights 
Predictive Analytics Uses
statistical models and machine learning techniques to forecast future outcomes based on historical data
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Evaluating Data for Strategic Insights 
analytics is to answer the question, "What happened?" through various means, including reporting, data visualization, and
statistical analysis
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Analyze Operational Data for Improvement 
Techniques include: Data aggregation Data visualization
Statistical analysis 2
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The Evolution of Data Analysis Techniques 
Data analysis has undergone significant transformation over the decades, evolving from basic
statistical methods to sophisticated algorithms powered by artificial intelligence
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Disciplines 
Business analytics is the practice of iterative, methodical exploration of an organization’s data, with an emphasis on
statistical analysis
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Analytical Frameworks 
frameworks: Descriptive Analytics Diagnostic Analytics Prescriptive Analytics Predictive Analytics
Statistical Analysis Qualitative Analysis 1
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Data Summarization 
DBSCAN Methods of Data Summarization Data summarization methods can be categorized into two main types:
statistical methods and computational methods
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Financial Analytics (K) 
It involves the use of
statistical tools and techniques to assess financial performance, forecast future financial outcomes, and optimize financial strategies
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Business Analytics 
Business Analytics is the practice of iterative, methodical exploration of an organization's data, with an emphasis on
statistical analysis
...
Analyzing Data Patterns for Predictive Analytics 
Predictive analytics is a branch of advanced analytics that uses historical data, machine learning techniques, and
statistical algorithms to identify the likelihood of future outcomes based on historical data
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