How to Use a Bullet Chart for Effective Data Visualization
Learn more about how bullet graphs help in revealing business insights with examples.
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What Is Data Visualization and Why It Is Important?
Data visualization is an essential step in the analytics life cycle. Before we dive into the topic, let us check the sales and profit data in different regions for various products.
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Introduction to Descriptive Statistics
Descriptive statistics provide simple, quantitative summaries of datasets, usually combined with descriptive graphics. After data collection, the first step is to get basic information of the data using descriptive statistics. This provides easy-to-understand information that helps answer basic questions based on the average, spread, deviation of values and so on. They give analysts a rough idea about what the data is indicating so that later they can perform more formal and targeted analyses.
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What is Descriptive Analytics?
Descriptive analytics is one of the types of Business analytics also known as exploratory Analytics. Predictive and prescriptive are the other two types of analytics. In this article, I am going to explain descriptive analytics in-depth with a real-life use case.
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Why IIBA CBDA Certification Could Be Your Next Career Game-Changer
Overview We all know what data analytics is. In many of our previous articles we have explained what data analytics is. In this article we’ll review why it’s so important to modern business practices and how the IIBA CBDA certification will help you succeed in this field. There are many professionals who have managed to…
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What is Dashboard – A Complete Overview
A dashboard is an interactive front-end of a data analytics solution that gathers and visualizes data from one or more sources, facilitating quick analysis and well-informed decision-making. What is dashboard? It serves as an essential tool for businesses in an environment where data is used to monitor and track operational or business performance, as it…
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What is ETL (Extract, Transform, Load)?
How is modern ELT different from the traditional ETL?
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What is a Scatter Plot? Definition, Types, Uses, and Examples
we will learn about scatter plots, which are simple plots giving us insights into trends of the data. We will go deeper with some advanced features that make scatter plots an invaluable gift for effective data visualization.
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Data Warehouse: Its Benefits and Usage
Overview The term ‘Data’ is so widely and commonly used that we take it for granted. Have you ever given a thought to where is this huge amount of data stored? For example, let’s consider some large organizations such as Meta or Google. How do these Big O’s manage large data daily? How do they…
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What is histogram? Why is it used?
Definition A histogram is a type of bar graph that is used to show the frequency of data within equal intervals [bins] some value. In the chart, each bar is representative of a specified interval with the same shown on x-axis and count of datapoints in that range plotted against y-axis. These are excellent for…
