{"id":23551,"date":"2013-05-14T10:50:18","date_gmt":"2013-05-14T05:20:18","guid":{"rendered":"http:\/\/vskills.in\/certification\/tutorial\/?p=23551"},"modified":"2024-04-12T14:17:19","modified_gmt":"2024-04-12T08:47:19","slug":"concepts-and-terminologies","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/concepts-and-terminologies\/","title":{"rendered":"Business Intelligence Tutorial | Data Analytics &#8211; Concepts and terminologies"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.vskills.in\/certification\/tutorial\/certified-business-intelligence-professional\/\" target=\"_blank\" rel=\"noreferrer noopener\">Go back to Tutorial<\/a><\/p>\n\n\n<div class=\"apply\">\n<pre><a href=\"https:\/\/www.vskills.in\/practice\/business-intelligence\" target=\"_blank\" rel=\"noopener\"><strong>Free Business Intelligence Practice Tests - Data Analytics Test<\/strong><\/a><\/pre>\n<\/div>\n<p><strong>Confirmatory Data Analytics<\/strong><\/p>\n<p>The Confirmatory Data Analytics deals with the already existing methods, theories or hypotheses. The major objective of confirmatory data analysts is to prove the pre-existing theses, models or theories either true or false. These analytics are heavily relying on probability models and must be open to all the untested assumptions. The outcomes of such analytics are a specific answer to the specific question.<\/p>\n<p>Advantage<\/p>\n<ul>\n<li>These analytics provide precise information under similar circumstances.<\/li>\n<li>The methods and theories are well established.<\/li>\n<\/ul>\n<p>Disadvantage<\/p>\n<ul>\n<li>Since it is based on assumption under similar condition, when condition changes the results also gets changed.<\/li>\n<li>It is difficult to track the changes in case of unpredicted outcome.<\/li>\n<\/ul>\n<p><strong>Exploratory Data Analytics<\/strong><\/p>\n<p>The Exploratory Data Analytics deals with the new features of data to discover and implement new methods, theories or hypotheses. The major objective of exploratory data analysts is to introduce new models, theories or hypotheses. In this the data analyst doesn\u2019t require any assumption. These are based on data calculations without any preconceptions. In actual the exploratory data-analytics tries to remove the assumptions from confirmatory data analytics technique. These are heavily relying on graphical representation (or display) of data.<\/p>\n<p>Advantage<\/p>\n<ul>\n<li>This technique results in more realistic data.<\/li>\n<li>The level of accuracy attained in this technique is very high.<\/li>\n<li>It results in a very deeper understanding of processes.<\/li>\n<\/ul>\n<p>Disadvantage<\/p>\n<ul>\n<li>Most of the time, it lags in definitive answer.<\/li>\n<li>Require high level of accuracy and judgment.<\/li>\n<\/ul>\n<p><strong>Qualitative Data Analytics<\/strong><\/p>\n<p>The data analysis from non numeric forms like images, videos, audios, documents, notes or interview are comes under Qualitative Data Analytics. Qualitative Data-Analytics usually require involvement of peoples or organizations and their symbols, activities, sign etc they imbue with meaning. The major objective of Qualitative data analytics is to create understanding or result in some form interpretation from the data collected.<\/p>\n<p>Now days the term \u201cDATA ANALYTICS\u201d is widely associate with \u201cBusiness Intelligence\u201d. This term is use to define or associate with everything used in business intelligence from OLAP to Dashboards to CRM analytics to Real-Time analytics to Dynamic Analytics.<\/p>\n<div class=\"apply\">\n<h3>\u00a0<\/h3>\n<div class=\"apply\">\n<h3><a href=\"http:\/\/www.vskills.in\/certification\/Certified-Business-Intelligence-Professional\" target=\"_blank\" rel=\"noopener\">Apply for Govt Certified Business Intelligence Certification Now!!<\/a><\/h3>\n<\/div>\n<\/div>\n\n\n<p><a href=\"https:\/\/www.vskills.in\/certification\/tutorial\/certified-business-intelligence-professional\/\" target=\"_blank\" rel=\"noreferrer noopener\">Go back to Tutorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Go back to Tutorial Free Business Intelligence Practice Tests &#8211; Data Analytics Test Confirmatory Data Analytics The Confirmatory Data Analytics deals with the already existing methods, theories or hypotheses. The major objective of confirmatory data analysts is to prove the pre-existing theses, models or theories either true or false. These analytics are heavily relying on&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[3354],"tags":[],"class_list":["post-23551","page","type-page","status-publish","hentry","category-business-intelligence"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business Intelligence Tutorial | Data Analytics - Concepts and terminologies<\/title>\n<meta name=\"description\" content=\"The Confirmatory Data Analytics deals with the already existing methods, theories or hypotheses. 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