Practical Business Analytics Using R And Python

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Practical Business Analytics Using R And Python

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Author : Umesh R. Hodeghatta
language : en
Publisher: Apress
Release Date : 2023-01-27

Practical Business Analytics Using R And Python written by Umesh R. Hodeghatta and has been published by Apress this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-27 with Computers categories.

This book illustrates how data can be useful in solving business problems. It explores various analytics techniques for using data to discover hidden patterns and relationships, predict future outcomes, optimize efficiency and improve the performance of organizations. You’ll learn how to analyze data by applying concepts of statistics, probability theory, and linear algebra. In this new edition, both R and Python are used to demonstrate these analyses. Practical Business Analytics Using R and Python also features new chapters covering databases, SQL, Neural networks, Text Analytics, and Natural Language Processing. Part one begins with an introduction to analytics, the foundations required to perform data analytics, and explains different analytics terms and concepts such as databases and SQL, basic statistics, probability theory, and data exploration. Part two introduces predictive models using statistical machine learning and discusses concepts like regression, classification, and neural networks. Part three covers two of the most popular unsupervised learning techniques, clustering and association mining, as well as text mining and natural language processing (NLP). The book concludes with an overview of big data analytics, R and Python essentials for analytics including libraries such as pandas and NumPy. Upon completing this book, you will understand how to improve business outcomes by leveraging R and Python for data analytics. What You Will Learn Master the mathematical foundations required for business analytics Understand various analytics models and data mining techniques such as regression, supervised machine learning algorithms for modeling, unsupervised modeling techniques, and how to choose the correct algorithm for analysis in any given task Use R and Python to develop descriptive models, predictive models, and optimize models Interpret and recommend actions based on analytical model outcomes Who This Book Is For Software professionals and developers, managers, and executives who want to understand and learn the fundamentals of analytics using R and Python.

Business Analytics Using R A Practical Approach

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Author : Umesh R Hodeghatta
language : en
Publisher: Apress
Release Date : 2016-12-27

Business Analytics Using R A Practical Approach written by Umesh R Hodeghatta and has been published by Apress this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-27 with Computers categories.

Learn the fundamental aspects of the business statistics, data mining, and machine learning techniques required to understand the huge amount of data generated by your organization. This book explains practical business analytics through examples, covers the steps involved in using it correctly, and shows you the context in which a particular technique does not make sense. Further, Practical Business Analytics using R helps you understand specific issues faced by organizations and how the solutions to these issues can be facilitated by business analytics. This book will discuss and explore the following through examples and case studies: An introduction to R: data management and R functions The architecture, framework, and life cycle of a business analytics project Descriptive analytics using R: descriptive statistics and data cleaning Data mining: classification, association rules, and clustering Predictiveanalytics: simple regression, multiple regression, and logistic regression This book includes case studies on important business analytic techniques, such as classification, association, clustering, and regression. The R language is the statistical tool used to demonstrate the concepts throughout the book. What You Will Learn • Write R programs to handle data • Build analytical models and draw useful inferences from them • Discover the basic concepts of data mining and machine learning • Carry out predictive modeling • Define a business issue as an analytical problem Who This Book Is For Beginners who want to understand and learn the fundamentals of analytics using R. Students, managers, executives, strategy and planning professionals, software professionals, and BI/DW professionals.

Practical Business Analytics Using Python And R

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Author : Kumar P
language : en
Publisher: Independently Published
Release Date : 2024-11-22

Practical Business Analytics Using Python And R written by Kumar P and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-22 with Computers categories.

In today's fast-paced and data-driven world, businesses are increasingly relying on data to guide their strategies, optimize operations, and stay ahead of the competition. From customer behavior to market trends, every facet of a business generates vast amounts of data-data that holds the key to better decision-making, enhanced performance, and greater profitability. However, unlocking the potential of this data requires more than just access to it; it requires the tools, techniques, and frameworks that allow us to analyze, interpret, and act on the insights it provides. This book, Practical Business Analytics using Python and R: A Hands-On Approach to Business Intelligence, is designed to provide you with the knowledge and practical skills necessary to leverage the power of data in business contexts. Whether you are a business analyst, data scientist, or business manager, this book aims to equip you with a solid foundation in business analytics using Python and R, one of the most powerful and widely used open-source programming languages for statistical analysis and data science. Python and R have become an indispensable tool in the world of analytics. Its flexibility, vast library of packages, and user-friendly environment make it ideal for analyzing and visualizing data, building predictive models, and uncovering trends that drive business success. In this book, we will guide you through the fundamentals of Python and R, as well as advanced techniques in business analytics, with a focus on solving real-world business problems. Who Should Read This Book? This book is aimed at anyone interested in applying business analytics to solve real-world problems using Python and R. It is ideal for: Business Analysts: Who want to enhance their analytical skills and learn how to use Python and R for solving business problems. Data Scientists: Who are looking to expand their knowledge in business contexts and understand how to apply advanced analytics in a business environment. Managers and Decision Makers: Who want to understand how data-driven insights can inform strategic business decisions. Students and Beginners: Who are learning business analytics, data science, or related fields and want a practical guide to applying analytics using Python and R. This book is structured to cater to both beginners and more advanced users. Each chapter begins with a conceptual introduction to the topic, followed by practical, hands-on examples using Python and R. You will find step-by-step instructions, along with clear explanations of the code and the business implications of the results. Whether you are working through the chapters in order or focusing on specific topics, you will gain the skills necessary to apply business analytics in your organization. So, let's dive in and begin unlocking the true potential of your business data with Python and R!

Business Analytics

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Author : Walter R. Paczkowski
language : en
Publisher: Springer Nature
Release Date : 2022-01-03

Business Analytics written by Walter R. Paczkowski and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-03 with Business & Economics categories.

This book focuses on three core knowledge requirements for effective and thorough data analysis for solving business problems. These are a foundational understanding of: 1. statistical, econometric, and machine learning techniques; 2. data handling capabilities; 3. at least one programming language. Practical in orientation, the volume offers illustrative case studies throughout and examples using Python in the context of Jupyter notebooks. Covered topics include demand measurement and forecasting, predictive modeling, pricing analytics, customer satisfaction assessment, market and advertising research, and new product development and research. This volume will be useful to business data analysts, data scientists, and market research professionals, as well as aspiring practitioners in business data analytics. It can also be used in colleges and universities offering courses and certifications in business data analytics, data science, and market research.

Mastering Business Analytics With Python R

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Author : Manas Pandey
language : en
Publisher: Independently Published
Release Date : 2024-02-05

Mastering Business Analytics With Python R written by Manas Pandey and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-05 with Business & Economics categories.

"Mastering Business Analytics with Python & R: Theory and Practice" is a comprehensive guide unlocking the principles and applications of Business Analytics (BA). 5 Key Learning Outcomes or Takeaways from "Mastering Business Analytics with Python & R: Theory and Practice." 1. Demystifying Business Analytics (BA) for Informed Decision-Making: Takeaway: Gain a deep understanding of how BA empowers data-driven decisions, replacing intuition with concrete evidence. 2. Practical Applications Across Marketing, Finance, Operations, and HR: Takeaway: Discover real-world use cases of BA in diverse business functions, solving problems and optimizing performance in marketing, finance, operations, and HR. 3. Mastering Data Management and Wrangling: Takeaway: Develop essential data handling skills, including cleaning, transforming, imputing and transforming messy data into a usable format for analysis. 4. Drawing Key Insights and Recommendations: Takeaway: Learn powerful techniques for analyzing data with descriptive and inferential statistics, uncovering trends, patterns and translating them into actionable business recommendations. 5. Mastering Visualization and Predictive Modeling: Takeaway: Create impactful data visualizations using Python and R libraries, and leverage predictive modeling techniques to forecast future trends and outcomes. What you'll discover: Data Mastery: Conquer data wrangling with powerful Python libraries like pandas, NumPy and R packages like dplyr and tidyr, transforming messy data into a clean, usable format for analysis. Visual Insights: Craft compelling data visualizations using Python libraries like Matplotlib and Seaborn and R packages like ggplot2(grammar of graphics), effectively communicating insights to stakeholders. Statistical Prowess: Employ powerful statistical models in Python libraries like Scikit-learn and Statsmodels and R packages like moments, uncovering patterns, trends, and relationships within your data. Machine Learning(ML) Expertise: Understand in simple terms the mathematical aspect of ML algorithms (Decision tree, Neural Net, SVM, Clustering, etc). Build and deploy machine learning models in Python libraries like tensorflow, sklearn, Pytorch and R packages like caret, rpart, e1071, xgboost, etc. anticipating future trends and predicting business outcomes. Beyond the Basics: Application of BA in Marketing, Operations, Finance, and HR with practical examples and hypothetical datasets. Predict customer behavior, optimize operations, predict customer credit worthiness, forecast trends, predict employee churn and more!" "Mastering Business Analytics with Python & R: Theory and Practice" revolutionizes data-driven decision-making by seamlessly blending theoretical concepts with hands-on applications, empowering readers to unlock the full potential of Business Analytics across diverse business functions.

Practical Statistics For Data Scientists

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Author : Peter Bruce
language : en
Publisher: "O'Reilly Media, Inc."
Release Date : 2020-04-10

Practical Statistics For Data Scientists written by Peter Bruce and has been published by "O'Reilly Media, Inc." this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-10 with Computers categories.

Statistical methods are a key part of data science, yet few data scientists have formal statistical training. Courses and books on basic statistics rarely cover the topic from a data science perspective. The second edition of this popular guide adds comprehensive examples in Python, provides practical guidance on applying statistical methods to data science, tells you how to avoid their misuse, and gives you advice on what’s important and what’s not. Many data science resources incorporate statistical methods but lack a deeper statistical perspective. If you’re familiar with the R or Python programming languages and have some exposure to statistics, this quick reference bridges the gap in an accessible, readable format. With this book, you’ll learn: Why exploratory data analysis is a key preliminary step in data science How random sampling can reduce bias and yield a higher-quality dataset, even with big data How the principles of experimental design yield definitive answers to questions How to use regression to estimate outcomes and detect anomalies Key classification techniques for predicting which categories a record belongs to Statistical machine learning methods that "learn" from data Unsupervised learning methods for extracting meaning from unlabeled data

Practical Business Intelligence

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Author : Ahmed Sherif
language : en
Publisher: Packt Publishing Ltd
Release Date : 2016-12-21

Practical Business Intelligence written by Ahmed Sherif and has been published by Packt Publishing Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-21 with Computers categories.

Learn to get the most out of your business data to optimize your business About This Book This book will enable and empower you to break free of the shackles of spreadsheets Learn to make informed decisions using the data at hand with this highly practical, comprehensive guide This book includes real-world use cases that teach you how analytics can be put to work to optimize your business Using a fictional transactional dataset in raw form, you'll work your way up to ultimately creating a fully-functional warehouse and a fleshed-out BI platform Who This Book Is For This book is for anyone who has wrangled with data to try to perform automated data analysis through visualizations for themselves or their customers. This highly-customized guide is for developers who know a bit about analytics but don't know how to make use of it in the field of business intelligence. What You Will Learn Create a BI environment that enables self-service reporting Understand SQL and the aggregation of data Develop a data model suitable for analytical reporting Connect a data warehouse to the analytic reporting tools Understand the specific benefits behind visualizations with D3.js, R, Tableau, QlikView, and Python Get to know the best practices to develop various reports and applications when using BI tools Explore the field of data analysis with all the data we will use for reporting In Detail Business Intelligence (BI) is at the crux of revolutionizing enterprise. Everyone wants to minimize losses and maximize profits. Thanks to Big Data and improved methodologies to analyze data, Data Analysts and Data Scientists are increasingly using data to make informed decisions. Just knowing how to analyze data is not enough, you need to start thinking how to use data as a business asset and then perform the right analysis to build an insightful BI solution. Efficient BI strives to achieve the automation of data for ease of reporting and analysis. Through this book, you will develop the ability to think along the right lines and use more than one tool to perform analysis depending on the needs of your business. We start off by preparing you for data analytics. We then move on to teach you a range of techniques to fetch important information from various databases, which can be used to optimize your business. The book aims to provide a full end-to-end solution for an environment setup that can help you make informed business decisions and deliver efficient and automated BI solutions to any company. It is a complete guide for implementing Business intelligence with the help of the most powerful tools like D3.js, R, Tableau, Qlikview and Python that are available on the market. Style and approach Packed with real-world examples, this pragmatic guide helps you polish your data and make informed decisions for your business. We cover both business and data analysis perspectives, blending theory and practical hands-on work so that you perceive data as a business asset.

Business Analytics Using Python

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Author : Kumar P
language : en
Publisher: Independently Published
Release Date : 2024-11-20

Business Analytics Using Python written by Kumar P and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-20 with Computers categories.

In today's fast-paced and data-driven world, businesses are increasingly relying on data to guide their strategies, optimize operations, and stay ahead of the competition. From customer behavior to market trends, every facet of a business generates vast amounts of data-data that holds the key to better decision-making, enhanced performance, and greater profitability. However, unlocking the potential of this data requires more than just access to it; it requires the tools, techniques, and frameworks that allow us to analyze, interpret, and act on the insights it provides. This book, Business Analytics using Python: Practical Approaches to Data-Driven Decision Making, is designed to provide you with the knowledge and practical skills necessary to leverage the power of data in business contexts. Whether you are a business analyst, data scientist, or business manager, this book aims to equip you with a solid foundation in business analytics using Python, one of the most powerful and widely used open-source programming languages for statistical analysis and data science. Python has become an indispensable tool in the world of analytics. Its flexibility, vast library of packages, and user-friendly environment make it ideal for analyzing and visualizing data, building predictive models, and uncovering trends that drive business success. In this book, we will guide you through the fundamentals of Python, as well as advanced techniques in business analytics, with a focus on solving real-world business problems. In addition to the theoretical underpinnings of business analytics, the book is packed with hands-on examples, practical exercises, and case studies that demonstrate how these concepts are applied in real-world business scenarios. Whether you are trying to optimize marketing campaigns, improve sales forecasts, or understand customer behavior, the tools and techniques you will learn in this book will help you derive actionable insights from your data. Who Should Read This Book? This book is aimed at anyone interested in applying business analytics to solve real-world problems using Python. It is ideal for: Business Analysts: Who want to enhance their analytical skills and learn how to use Python for solving business problems. Data Scientists: Who are looking to expand their knowledge in business contexts and understand how to apply advanced analytics in a business environment. Managers and Decision Makers: Who want to understand how data-driven insights can inform strategic business decisions. Students and Beginners: Who are learning business analytics, data science, or related fields and want a practical guide to applying analytics using Python. This book is structured to cater to both beginners and more advanced users. Each chapter begins with a conceptual introduction to the topic, followed by practical, hands-on examples using Python. You will find step-by-step instructions, along with clear explanations of the code and the business implications of the results. Whether you are working through the chapters in order or focusing on specific topics, you will gain the skills necessary to apply business analytics in your organization. So, let's dive in and begin unlocking the true potential of your business data with Python!

Practical Data Science Cookbook

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Author : Prabhanjan Tattar
language : en
Publisher: Packt Publishing Ltd
Release Date : 2017-06-29

Practical Data Science Cookbook written by Prabhanjan Tattar and has been published by Packt Publishing Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-29 with Computers categories.

Over 85 recipes to help you complete real-world data science projects in R and Python About This Book Tackle every step in the data science pipeline and use it to acquire, clean, analyze, and visualize your data Get beyond the theory and implement real-world projects in data science using R and Python Easy-to-follow recipes will help you understand and implement the numerical computing concepts Who This Book Is For If you are an aspiring data scientist who wants to learn data science and numerical programming concepts through hands-on, real-world project examples, this is the book for you. Whether you are brand new to data science or you are a seasoned expert, you will benefit from learning about the structure of real-world data science projects and the programming examples in R and Python. What You Will Learn Learn and understand the installation procedure and environment required for R and Python on various platforms Prepare data for analysis by implement various data science concepts such as acquisition, cleaning and munging through R and Python Build a predictive model and an exploratory model Analyze the results of your model and create reports on the acquired data Build various tree-based methods and Build random forest In Detail As increasing amounts of data are generated each year, the need to analyze and create value out of it is more important than ever. Companies that know what to do with their data and how to do it well will have a competitive advantage over companies that don't. Because of this, there will be an increasing demand for people that possess both the analytical and technical abilities to extract valuable insights from data and create valuable solutions that put those insights to use. Starting with the basics, this book covers how to set up your numerical programming environment, introduces you to the data science pipeline, and guides you through several data projects in a step-by-step format. By sequentially working through the steps in each chapter, you will quickly familiarize yourself with the process and learn how to apply it to a variety of situations with examples using the two most popular programming languages for data analysis—R and Python. Style and approach This step-by-step guide to data science is full of hands-on examples of real-world data science tasks. Each recipe focuses on a particular task involved in the data science pipeline, ranging from readying the dataset to analytics and visualization

Introduction To Practical Business Analytics For Everyone

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Author : Kumar P
language : en
Publisher: Independently Published
Release Date : 2024-12-06

Introduction To Practical Business Analytics For Everyone written by Kumar P and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-06 with Computers categories.

In today's fast-paced and data-driven business environment, analytics has become an essential tool for making informed decisions, driving growth, and gaining a competitive edge. However, despite its growing importance, many business professionals-especially those without technical backgrounds-find the world of business analytics intimidating. This book aims to bridge that gap and empower everyone, regardless of their technical expertise, to harness the power of analytics effectively. Introduction to Practical Business Analytics for Everyone: Using JASP or Python is a unique guide designed for two distinct groups of readers: non-IT professionals and IT professionals/programmers. We recognize that business analysts, managers, and decision-makers often require insights from data without needing to dive deep into the intricacies of coding, while developers and data scientists may need a more programmatic approach to tackle complex business problems. With this in mind, the book is divided into two parallel tracks: Using JASP (No Coding for Non-IT Professionals) For non-technical users or those new to analytics, JASP offers a user-friendly, intuitive interface that simplifies complex statistical tasks. Through this section, you will learn how to apply powerful business analytics techniques without writing a single line of code. The focus is on practical tools and methods to help you understand your data, identify trends, make predictions, and communicate findings clearly to stakeholders. Using Python (For IT Professionals / Programmers) For those with programming expertise, Python is the go-to language for advanced data analysis and analytics in business. This track takes a hands-on, code-driven approach, allowing you to dive deeper into data processing, visualization, machine learning, and predictive modeling. By using Python, you will learn how to automate processes, perform complex analyses, and scale solutions that would otherwise be cumbersome in traditional business analytics tools. Throughout this book, we use a single business dataset as the foundation for our discussions, ensuring a cohesive and practical understanding of how business analytics concepts are applied in real-world scenarios. The dataset is carefully selected to represent a variety of challenges businesses commonly face, from customer segmentation and sales forecasting to performance analysis and optimization. Each chapter builds upon the last, progressively introducing more sophisticated techniques while reinforcing core principles. You will discover that analytics is not just about statistical tests or code. It's about transforming raw data into actionable insights that can inform business strategies. By the end of this book, regardless of whether you're a non-IT professional or an experienced programmer, you'll be equipped with practical skills to solve complex business problems, improve decision-making, and make an impact with data. Who Should Read This Book: Non-IT Professionals: Business analysts, managers, and decision-makers who need to understand and apply analytics without the need for programming skills. IT Professionals / Programmers: Data scientists, developers, and analysts who seek to apply advanced techniques and automation to their business analytics projects. Anyone Interested in Business Analytics: Whether you are new to the field or an experienced practitioner, this book offers valuable insights, regardless of your technical background. By focusing on the practical aspects of business analytics, this book offers a comprehensive, approachable, and hands-on guide to turning data into actionable business insights. Whether you're using JASP or Python, you'll learn how to make informed decisions that can improve your business's performance and drive future success.