4 Types of Analytics
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- Опубликовано: 2 мар 2020
- 4 TYPES OF ANALYTICS // No matter what type of analytics you’re doing and how much data you’re utilizing, analytics typically fall into 4 categories. We’re going to look at those 4 types of analytics in today’s video.
Analytics covers a broad range of topics and detail. There’s not just one type of analytics that we’re performing. The goals of your analysis will typically fall into 1 of 4 major categories of analytics.
You’re typically going to want to describe, diagnose, predict, or prescribe.
These 4 types of analytics build off of each other. You move through:
descriptive analytics
diagnostic analytics
predictive analytics
prescriptive analytics
The four stages of analytics will feel very familiar if you think about what happens when you get sick enough to go to the doctor.
We’ll look at this example and explore further into each of these analytics types.
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• 4 Types of Analytics
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Big thanks to you! I’m an analyst now. 🙏🏼💜
Why doesn’t everyone teach like this? Thank you so much!
Thank you, very helpful.
Stellar analogy
love they way you tell a life story to show technical point great work 👍
Awesome video......it really helps me get clear about what i want to do next. Great analogy. Thank you
Excelente 👍👍👍
Amazing, thanks for a so well explained video about data analysis :)
Great explanation!!
We've been doing analysis in every job and that's has been made more professional and known as analytics with increased use of tech. 🙂
Thank you for the videos!
I have a masters in business administration but I was thinking of going back to school for data science or data analytics. It seems like every job I see for an MBA also wants you to know or have a degree in some type of analytics at the same time. So I was wondering exactly which type of an analytics degree do I really need? I've taken a class in python programming and a class in database design, even though I'm not really good at SQL, because I haven't used it much yet. I was thinking about starting with a gradute degree in data analytics at UNC Charlotte, and then see what happens from there. I also like computer science in general. What are your thoughts about what I might need. UNC-Charlotte claims to have a masters in what they call data science/data analytics. Does that sound like a good program of classes to get into? Your description of the analytics process was better than a basic data analytics course I took and its text book.
If she answered your question, can you share it with me? I have the same question.
It sounds like you might be looking at more technical jobs if they're looking for an MBA with also a degree in analytics. You could go after a grad degree in analytics or you could focus on building the skills outside of a degree environment. Many grad programs in analytics don't tend to include much programming (usually general introduction level) so you might also supplement with something like DataCamp(bit.ly/TCFDataCamp). UNC Charlotte's program looks good and I like their focus on a practicum environment where you'll get hands on business experience.
@@TheCareerForce it seems like analytics jobs far out number any job for just an MBA. The only thing I can say for sure is that if you want a good job today you better know computers at some level, that includes data science, which obviously uses computers.
@@TheCareerForce
Thanks so much for your advice.
Love that doctor analogy Jenn!
That was good
The 4 Stages:
1) Describe. 2)Diagnosis.
3) Predict. 4) Prescribe.
Ma'am, do you do some coding during most of your works
Hello please is diagnostict analytics same as regression
I have bachelor's degree in Science Economics and I would like to become healthcare analyst, what should I do to become analyst in healthcare, Thanks for your advice .
There are many ways you can become a healthcare analyst. The most direct one is to get a master in healthcare analytics or data analytics. If you don't want to go that route, you can teach yourself Python or R and SQL and learn data visualization program like Tableau. You will also need to know Statistics. just like the 4 types of analytics Jenn explained in this video Descriptive, Diagnostic, Predictive and Prescriptive they all come from Statistics. Oh I should not forget the famous Excel specially Pivot Table and V-Lookup. Hope that helps.
Thank you so much Stanly and I appreciate your help
I can do master in healthcare analyst however I have bachelor 's in economics ( good knowledge in math and statistics) but I don't have any knowledge in healthcare.
Type of Analytics:
1. Describe
2. Diagnose
3. Predict
4. Prescribe
🫶