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Business Analytics Essentials You Always Wanted to Know
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Business Analytics Essentials You Always Wanted to Know
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- Understand the role of analytics in decision-making.
- Learn how to use descriptive, predictive, and prescriptive analytics.
- Gain knowledge of tools for executing data-driven strategies.
- Explore ways to turn data into actionable intelligence.
Whether you're just starting out or already have some experience, Business Analytics Essentials You Always Wanted to Know is designed to demystify the world of analytics and help you effectively integrate data-driven decision-making into your work. It covers everything from foundational concepts to advanced techniques, making it an invaluable resource for professionals and business leaders alike.
The focus of the book is on explaining how business analytics can help organizations solve problems, optimize processes, and make smarter decisions based on data insights. The book explores topics that are essential in todayās digital world, such as data governance, ethical considerations in analytics, and emerging trends in AI and machine learning.
The book includes practical examples and case studies, illustrating how these tools can be applied in real-world business situations. Regardless of whether you are an aspiring data analyst, a business executive, or an entrepreneur, this book will provide you with the essential skills needed to turn data into actionable intelligence and create meaningful business value.
After reading this book, you will understand:Ā
- Core principles and practical applications of business analytics
- Use of tools such as SQL, Python, and Tableau in business analytics
- Concepts of descriptive, predictive, and prescriptive analytics
- How business analytics is used in various industries and contexts
- How to analyze data, forecast trends, and make recommendations
Pages: 304 page
Paperback (ISBN):Ā 9781636514154
eBook (ISBN):Ā 9781636514161
Hardback (Color):Ā 9781636514178
Trim Size:Ā 5.5ā x 8.5ā
Category:Ā Business & Economics
Author:Ā Riyanka Jain, Vibrant Publishers
1. Business Analytics Demystified
1.1 Getting Started: An Easy-to-Understand Introduction to Business Analytics
1.2 Sorting Through Tools: Types of Business Analytics
1.3 Decision Power: How Business Analytics Empowers Smart Choices
Chapter Summary
Quiz
2. Data Basics for Business Analytics
2.1 Sourcing Data: Understanding Data Sources in a Business Context
2.2 Gathering Intel: How Businesses Collect Information for Strategic Insights
2.3 Data Integrity: Ensuring Accuracy and Timeliness in Business Data Management
Chapter Summary
Quiz
3. Data Management and Preparation in Business Analytics
3.1 Building Data Havens: The Basics of Data Warehousing for Business Operations
3.2 Cleaning House: Simplifying Data for Effective Business Analytics
3.3 Bridging the Gap: Navigating Data Flow from Source to Analysis in Business Environments
Chapter Summary
Quiz
4. Tools and Techniques for Business Analytics
4.1 Introduction to Software Tools for Business Analytics
4.2 Statistical Analysis: Basic Concepts in Business Analytics
4.3 Data Visualization: Tools and Techniques for Effective Data Presentation in Business Analytics
Chapter Summary
Quiz
5. Descriptive Analytics in Business
5.1 Understanding Descriptive Analytics in Business: Summarizing Historical Business Data to Understand Changes
5.2 Key Business Techniques and Metrics: Mean, Median, Mode, Standard Deviation and Data Distribution in a Business Context
5.3 Business Case Studies: Real-World Examples of Descriptive Analytics Applications in Business Scenarios
Chapter Summary
Quiz
6. Predictive Analytics in Business
6.1 Introduction to Business Predictive Modeling: Concepts and Importance in Making Informed Business Decisions
6.2 Common Business Techniques: Regression analysis, Time series analysis, Logistic regression, and Machine learning algorithms Tailored for Business Applications
6.3 Implementing Business Predictive Models: Steps, Best Practices, and Tools for Predictive Analytics in a Business Environment
Chapter Summary
Quiz
7. Prescriptive Analytics in Business
7.1 Understanding Business Prescriptive Analytics: Recommending Business Actions Based on Data Insights
7.2 Optimization Techniques for Business: Linear Programming and Simulation Applied in Business Contexts
7.3 Business Case Studies: Applications of Prescriptive Analytics in Business Domains like Supply Chain, Finance, and Marketing
Chapter Summary
Quiz
8. Ethical Considerations and Future Directions in Business Analytics
8.1 Ethics in Business Analytics: Data Privacy, Security, and Ethical Use of Business Data
8.2 Regulatory Frameworks: Understanding General Data Protection Regulation, California Consumer Privacy Act, and Other Regulations in the Context of Business Analytics
8.3 The Future of Business Analytics: Emerging Technologies and the Evolving Landscape of Business Analytics
Chapter Summary
Quiz
Bibliography
Glossary
Ms. Riyanka Jain has 10+ years of experience in Statistics, Marketing, International Business, and Econometrics. She has previously authored two well-received books.
The Self-Learning Management SeriesĀ is designed to help students, new managers, career switchers, and entrepreneurs learn essential management lessons and covers every aspect of business, from HR to Finance to Marketing to Operations across any and every industry. Each book includes basic fundamentals, important concepts, and standard and well-known principles as well as practical ways of application of the subject matter.
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This book provides a great introduction to business analytics with clear explanations and practical applications. It covers essential topics such as data visualization and statistical methods, making it an excellent guide for students and working professionals. A must-read for anyone interested in data-driven decision-making!
Business Analytics Essentials You Always Wanted to Know is a well-structured and insightful book that explains key concepts like data analysis, predictive modeling, and decision-making. The real-world examples make it easier to understand how analytics is applied in business. Highly recommended for beginners and professionals alike!
The book breaks down complex analytics concepts into easy-to-understand sections. It offers a solid foundation for those looking to build a career in business analytics. The examples and case studies add immense value, making it an engaging and educational read. Highly recommended!
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