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Elementary Data Analysis
with MS Excel
Redwan Ferdous
Electrical Engineer| Tech Enthusiast| Robotics | Automobile| Data Science |
Tech-Entrepreneur & Investor |
redwan.contact@gmail.com | ferdousr@emk.com.bd
https://sites.google.com/view/redwanferdous
Day: 01 out of 06 | September 2nd, 2020
9/2/2020 2
What do you think about ‘Data Analysis’ and ‘Visualization’?
9/2/2020 3
Disclaimer
• You need not to reinvent wheel all the time, rather its better to
create application using that wheel !!
• Most of the contents of my slides are collected from internet. Credit
mentioned with due respect at the last slide
• My job is to facilitate the learning, motivate to adopt the beauty of
MS Excel and Data Analysis.
• The learning material is 40%- Slide & 60%- Live session on video
9/2/2020 4
Course Summary
• This course is stated as “Elementary Data Analysis with MS Excel”-
Organized by EMK Center, Dhaka, Bangladesh
• Course Duration: 06 Days. Each Day 2.00 hours.(including FAQ)
• The schedule is subject to be changed based on unavoidable
circumstances (if appears any).
Date Stating Time End Time Platform
Wednesday, September 02, 2020 07.30 pm 09.30 pm Zoom
Saturday, September 05, 2020 07.30 pm 09.30 pm Zoom
Wednesday, September 09, 2020 07.30 pm 09.30 pm Zoom
Saturday, September 12, 2020 07.30 pm 09.30 pm Zoom
Wednesday, September 16, 2020 07.30 pm 09.30 pm Zoom
To Be Announced 07.30 pm 09.30 pm Zoom
9/2/2020 5
Course Summary (cont.-2)
• Each day’s lecture slide can be found on “Slide share” at instructors
profile- after the end of the scheduled lecture.
Link: https://www.slideshare.net/RedwanFerdous/
• The instructor personally do believe the following quote:
“ Keep it Simple
Keep it Short
Keep it Real”
- It will be reflected throughout the course contents and
methodology of sharing the knowledge as well as interaction.
9/2/2020 6
Course Attendee Summary
• Total 99 has been invited from among 321. Only 30.84%
• Most of the attendees are Professionals of different levels. Next major
portion is either Students or Freelancers.
• Selected attendees are finalized based on considering 06 layers of
filter.
Congratulations!!
9/2/2020 7
Course Attendee Summary (cont.)
• Among the participants, there are:
• 20+ Participants who are aged ‘Equal or Above 35’
• 18 Participants are aged among 20-24
• 30+ participants are aged among 25-30
• 09 Students
• 03 Government Service Holders
• 02 Journalists
• 08 Teachers/ Lecturers/ Professors
• 45+ Private Service Holders
• +/- 06 Entrepreneurs
9/2/2020 8
The Course Leads you:
9/2/2020 9
60%
40%
0% 10% 20% 30% 40% 50% 60% 70%
LEARNING EXTENSIVE USE OF MS EXCEL AS A TOOL:
DATA ANALYZE AND VISUALIZE
Upon Completion of 06 days Training:
Course Outline
• This is a very basic and summarized course specially designed for the
working people or SME owners for the betterment of their day-to-day
activities with the help of ‘Data’ and ‘Analysis’.
• Course Outline:
9/2/2020 10
- What is Data, Data Analysis, Data Vs. Information
- Regular life data analyzer Vs. Data
- Sources of Data in real life and online
- Statistics, Data
- Types of Data Source (CSV, Excel)
- Basic Terminology for Data Analysis using MS Excel
- Big Data, Minitab
- Career
- File Options
- Workbook, Worksheets
- Cells, Ranges, Keyboard Shortcut
- Ribbon Engagement:
- Home
- Insert
- Page Layout and Setup
- Basic Functions and Practices [+ Examples]
Course Outline (cont.)
9/2/2020 11
(IF, Nested IF, VLOOKUP, HLOOKUP)
- Formulas and Functions
- List of Formulas
- 15 Important Functions for Data Analysis+ Practice
- Error Handling [Formula]
- Data Validation
- Developer Mode Enable
- Macro
- Ribbon Engagement:
- Data
- What-If Analysis
- Review
- View
- Developer
- Random Number
- Crystal ball
- Freeze Pane
- Data Analysis Tools
- Quick Analysis
- Pareto Test
Course Outline (cont.)
9/2/2020 12
- Statistics, Hypothesis
- Regression Analysis, Trend Line
- T-Test
- Solver
- Goal Seek
- Idea : Z-Test, ANOVA Test, P-Value
- Pivot Table and Interactive Dashboard, Charts
- Pivot Table with Open Office Platform
- Introduction to MS Access
- Creating and Using a Complete Database using MS
Access
- Basics of Probability, Entropy, Model Development
[Part of Advance]
- Tableau, Qlik, Octave
- Practical Example of Forecasting using the model
building [advanced]
- Bonus Training!
Course Outline (cont.)
9/2/2020 13
Submission of final project by the participants and send the evaluation
result virtually by EMK/instructor.
Decorum for Attendee
• This 06 days session will be a semi-formal session. The instructor is
very much fun loving, believe me!
• You can ask question either in the end of the session or during the
demonstration.
• Whenever you are not talking, please MUTE your microphone. You
can switch your video off during observing live demonstration for
better experience.
9/2/2020 14
Decorum for Attendee (cont.)
• All the attendee will try to practice live with the instructor – that is
showed on shared screen on the platform.
• During the live demonstration there might be technical error like
internet disconnection or hanging of host platform- please have
patience on that situation. Everything will be All Right !
• This is a two-way communicating session. Both Instructor and
attendee will learn from each other. Medium –English/Bengali.
• We will learn a lot more than MS Excel & Data Analysis, I do believe !
9/2/2020 15
Decorum for Attendee (cont.)
Please don’t fall asleep!!
Feel Relaxed.
9/2/2020 16
Let’s Start….
9/2/2020 17
Elementary Data Analysis with MS Excel
Day-01
9/2/2020 18
Data
9/2/2020 19
Data Types
9/2/2020 20
Data Vs. Information
9/2/2020 21
Data Vs. Information (cont.)
9/2/2020 22
Data Analysis Process
• The Data Analysis Process is nothing but gathering information by
using a proper application or tool which allows you to explore the
data and find a pattern in it.
• Based on that information and data, you can make decisions, or you
can get ultimate conclusions.
9/2/2020 23
Data Analysis Process (cont.)
9/2/2020 24
Data Analysis Process (cont.)
9/2/2020 25
Simpler Form
Data Analysis Process (cont.)
• So, Data Analytics Process includes:
• Data Collection
• Working on data quality
• Building the model
• Training model
• Running the model with full data.
• Visualize Relation
• Some tips to analyze the data are:
• Remove unnecessary data before the analysis.
• You should not perform the analysis on a master copy of data.
9/2/2020 26
9/2/2020 27
9/2/2020 28
Data Mining
Vs.
Data Analytics
9/2/2020 29
Why ‘Data Analysis’?
• If you know Six Sigma/Lean Process of Six Sigma-
it follows a framework DMAIC
[Define, Measure, Analyze, Improve and Control]
• DMAIC refers to a data-driven improvement
cycle used for improving, optimizing and stabilizing
business processes and designs.
• The ‘M’ & ‘A’ part is redirected to ‘Data Analysis’ part.
• It is one of the compulsory item for ensuring quality, timely, efficient
and waste less – Production and Industrial Procedure.
9/2/2020 30
‘Data Scientist’ Vs. ‘Data Analyzer’
9/2/2020 31
Modern Data Scientist
9/2/2020 32
‘Regular life Data Analyzer’ Vs. ‘Data Scientist’
9/2/2020 33
Data Analysis Types
The major types among several:
• Text Analysis
• Statistical Analysis
• Diagnostic Analysis
• Predictive Analysis
• Prescriptive Analysis
9/2/2020 34
Data Analysis Types (cont.)
• Text Analysis is also referred to as Data Mining. It is a method to discover a
pattern in large data sets using databases or data mining tools.
• Statistical Analysis shows "What happen?" by using past data in the form
of dashboards. It’s of 02 types:
• Descriptive
• Inferential
• Diagnostic Analysis shows "Why did it happen?" by finding the cause from
the insight found in Statistical Analysis.
• Predictive Analysis shows "what is likely to happen" by using previous
data.
• Prescriptive Analysis combines the insight from all previous Analysis to
determine which action to take in a current problem or decision.
9/2/2020 35
Data Visualization
• More likely ‘Information’ Visualization.
• Data visualization is the representation of data in a graphical or
pictorial format. It allows key decision-makers to see complex
analytics in a visual layout, so they can identify new patterns or grasp
challenging concepts.
• When you have your hands full juggling multiple projects at once, you
need a quick and effective reporting method that allows you to get a
clear point across.
9/2/2020 36
Types of Data Visualization (Most Common)
• Column Chart
• Bar Graph
• Stacked Bar Graph
• Stacked Column Chart
• Area Chart
• Dual Axis Chart
• Line Graph
• Mekko Chart
• Waterfall Chart
• Bubble Chart
• Scatter Plot Chart
• Bullet Graph
• Funnel Chart
• Heat Map
• Box Plot
• Pie Chart
9/2/2020 37
Types of Data Visualization (Most Common)
9/2/2020 38
Business Intelligence
• The term Business Intelligence (BI) refers to technologies, applications and
practices for the collection, integration, analysis, and presentation of
business information.
• The purpose of Business Intelligence is to support better business decision
making. Essentially, Business Intelligence systems are data-driven Decision
Support Systems (DSS).
• Business Intelligence is sometimes used interchangeably with briefing
books, report and query tools and executive information systems.
• The global Business Intelligence and Analytics Software Market is
expected to grow from $17.90 Billion in 2015 to $26.78 Billion by 2020, at
an estimated Compound Annual Growth Rate (CAGR) of 8.4%.
9/2/2020 39
Business Intelligence Tools
1. SAP Business Intelligence
2. MicroStrategy
3. Datapine
4. SAS Business Intelligence
5. Yellowfin BI
6. QlikSense
7. Zoho Analytics
8. Sisense
9. Microsoft Power BI
10. Looker
11. Clear Analytics
12. Tableau
13. Oracle BI
14. Domo
15. IBM Cognos Analytics
9/2/2020 40
Business Intelligence Tools
9/2/2020 41
Oracle BI
Business Intelligence Tools
9/2/2020 42
Tableau
Business Intelligence Tools
9/2/2020 43
Clear Analytics
Business Intelligence Tools
9/2/2020 44
Microsoft Power BI
Business Intelligence Vs. Data Science
9/2/2020 45
Big Data
9/2/2020 46
Big Data
9/2/2020 47
Data Analysis Software/ Tools
• MS Excel
[sometimes ‘Calc’ from LibreOffice]
• SPSS (IBM SPSS)
• R (Language)
• Atlas.ti
• JMP
• QlikView
• Tableau [Required mostly in Big Data/ Hadoop Cluster]
• Microsoft BI (Business Intelligence)
• RapidMiner
• Check some comparison of tools: https://www.softwaretestinghelp.com/data-analysis-tools/
9/2/2020 48
Introduction to MS Excel
• The version of MS Excel on instructor’s PC is 2013. You can use any of
2007/ 2010/ 2013/ 2019.
• Microsoft Excel is a spreadsheet program that is used to record and
analyze numerical data.
Think of a spreadsheet as a collection of columns and rows that form
a table.
• Alphabetical letters are usually assigned to columns and numbers are
usually assigned to rows.
• The point where a column and a row meet is called a cell.
9/2/2020 49
‘Excel’ in LibreOffice [Open Office]
• ‘Calc’ is the spreadsheet program of LibreOffice, which is a Open-
Source Platform
• Currently the version 7.0.x is going on of LibreOffice
• Their Theme is ‘The Spreadsheet for everyone’
• It can also analyze data using it’s ‘Advanced DataPilot technology’
• Can do almost all the operations like MS Excel
• While Calc saves spreadsheets in its native Open Document Format
(.ods), it can also open and save files in Microsoft Excel format for
sending to people still locked into Microsoft products.
9/2/2020 50
‘Excel’ in LibreOffice [Open Office]
9/2/2020 51
Minitab
• Minitab is a software product that helps you to analyze the data. This is
designed essentially for the Six Sigma professionals. It provides a simple,
effective way to input the statistical data, manipulate that data, identify
trends and patterns, and then extrapolate answers to the current issues.
• MiniTab Inc. is one of the dominant providers of the statistical software for
quality improvement.
• Minitab is not for all types of users. It is specially designed for the six
sigma professionals.
• They use Minitab to analyze the data, and on the basis of their analyzation,
they improve the business process. The six sigma is all about quality
management techniques.
9/2/2020 52
Minitab (Cont.) – Demo Interface
9/2/2020 53
Minitab vs. MS Excel
Features of MS Excel Features of Minitab
1. Conditional Formatting
2. PivotTables
3. Paste Special
4. Add Multiple Rows
5. Absolute References
6. Print Optimization
7. Extend formula across/down
8. Flash Fill
9. INDEX-MATCH
10. Filters
1. Measurement systems analysis
2. Contour and rotating 3D plots
3. Analysis of Variance
4. Linear and nonlinear regression
5. Binary, ordinal and nominal logistic regression
6. Measurement Systems Analysis
7. Exact failure, right-, left-, and interval-censored
data
8. Random number generator
9. Extensive preferences and user profiles
10. Chi-square, Fisher’s accurate, and other tests
9/2/2020 54
Jobs with MS Excel Jobs with Minitab
1. Financial Analysts
2. Administrative Assistants
3. Retail Store Managers
4. Project Managers
5. Business Analysts
6. Data Journalists
7. Accountants
8. Cost Estimator
9. Sales Manager
10. Information Clerk
1. Quality Manager
2. Project Development Engineer
3. Sales Management Advisor
4. Data Analyst
5. Design Engineer
6. Process Improvement Manager
7. Quality Assurance Specialist
8. Senior Automotive Engineer
9. Manufacturing Engineer
10. Power Supply Quality Analyst
9/2/2020 55
Minitab vs. MS Excel
Sources of Data in real life and online
• Mainly 02 types of Data-Sources:
• Primary &
• Secondary
• Primary Data Collection:
Primary data sources include information collected and processed directly by the
researcher, such as observations, surveys, interviews, and focus groups.
• Secondary Data Collection:
Secondary data sources include information retrieved through preexisting sources:
research articles, Internet or library searches, etc. Preexisting data may also include
records and data already within the program: publications and training materials,
financial records, student/client data, performance reviews of staff, etc.
9/2/2020 56
Types of Data Source
• Mainly in 02 format:
• .CSV
• .xlsx / .xls
• There are some other based on Excel and other data analyzing software. You
may need to convert the dataset in a format required for that particular
analyzer.
• Out test datasets (Sample Dataset (1~10+) and Dataset-Mega) will be
.xlsx format for easy understanding
9/2/2020 57
Source of Data
How can you collect your data: (SME/ Industry)
• Implementing ERP (e.g. SAP/Oracle/Freeware)
• Implementing Accounting Software (e.g. Qucikbooks)
• Enable E-Commerce
• Enable Digital Money (Credit Card/ MFS)
• Deploying Separate Entry and Exit with Human Counter
• Digital Inventory Management
• Loyalty / Membership Card
• Digital SCM etc.
9/2/2020 58
Some Sample Data Sources [Practice]
• We will use 10+ sample datasets throughout our course.
• Dataset (1~10+): [for class 02-05]
• Comparatively Small. Uploaded in Google Classroom on or before the class day.
• Dataset-Mega: [for class 05]
We will try to use this in the class. If we can’t due to time, it will be in Assignment.
• Our Practice Dataset is a sample superstore sales data, collected from internet.
• In XLSX format, not curated. Comparatively large.
• It consists of almost 10,000 rows and 21 columns.
• It will be uploaded in Google Classroom
9/2/2020 59
Some Sample Data Sources [Practice]
• Google/ Kaggle
• WHO- https://www.who.int/healthinfo/statistics/data/en/
• Contextures- https://www.contextures.com/xlSampleData01.html
• E for Excel- http://eforexcel.com/wp/downloads-18-sample-csv-files-data-
sets-for-testing-sales/
• John Hopkins Dataset for COVID-19
And thousands more……
• You also can create your own set of data for better observation!
9/2/2020 60
Basic Terminology for Data Analysis using MS Excel
The powerful features Excel has to offer to analyze data:
• Sort: You can sort your Excel data on one column or multiple columns. You
can sort in ascending or descending order.
• Filter: Filter your Excel data if you only want to display records that meet
certain criteria.
• Conditional Formatting: Conditional formatting in Excel enables you to
highlight cells with a certain color, depending on the cell's value.
• Charts: A simple Excel chart can say more than a sheet full of numbers. As
you'll see, creating charts is very easy.
• Pivot Tables: Pivot tables are one of Excel's most powerful features. A pivot
table allows you to extract the significance from a large, detailed data set.
9/2/2020 61
Basic Terminology for Data Analysis using MS Excel
• Tables: Tables allow you to analyze your data in Excel quickly and
easily.
• What-If Analysis: What-If Analysis in Excel allows you to try out
different values (scenarios) for formulas.
• Solver: Excel includes a tool called solver that uses techniques from
the operations research to find optimal solutions for all kind of
decision problems.
• Analysis ToolPak: The Analysis ToolPak is an Excel add-in program
that provides data analysis tools for financial, statistical and
engineering data analysis.
9/2/2020 62
Career: As ‘Data Analyzer’ in MS Excel
9/2/2020 63
Career: As ‘Data Analyzer’ in MS Excel
• We will check some freelancing site for the status of ‘Data Analyst in
MS Excel’, Live:
• Upwork
• Freelancer.com
• Moreover, we will google “Current market for data analyst in MS Excel”
9/2/2020 64
Though, your path may not be smoother…
• Until you have proper knowledge, expertise, passion and vision.
9/2/2020 65
Bibliography
• https://www.guru99.com/introduction-to-microsoft-excel.html
• https://cyfar.org/data-sources
• https://libguides.macalester.edu/c.php?g=527786&p=3608657
• https://www.computerhope.com/issues/ch000357.htm
• https://www.datapine.com/blog/wp-content/uploads/2018/12/data-science-vs-data-analytics-difference.png
• http://datascientistyuyuria.blogspot.com/2017/01/difference-between-data-analyst-and.html
• https://www.guru99.com/difference-information-data.html
• https://www.twinkl.fr/teaching-wiki/data
• https://i.stack.imgur.com/UTmOm.gif
• https://sigmatricks.com/wp-content/uploads/2019/05/Discrete-and-Continuous-Data.jpg
• https://lh3.googleusercontent.com/proxy/Z2d6RFEAAt6hSbuQEzL3I2jUPw7fz0IKoTyMIYOJNuqplghnqNX8yyyqknBnP-
vsF4XQjXIsHlS67urJ60RSK87GdW35RHR2zGTezXQx4UIv0szs1Q37zUma_qFC2XAkUTg_MSj7SiSjEj6ik-IazdRVke1z
• https://www.softwaretestinghelp.com/data-analysis-tools/
• https://www.visualcapitalist.com/wp-content/uploads/2019/07/big-data-graphic.jpg
• https://www.globaldots.com/hs-fs/hubfs/Imported_Blog_Media/big-data-infographic-1-
728.jpg?width=728&height=406&name=big-data-infographic-1-728.jpg
9/2/2020 66
Bibliography
• https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcSkM6dHyCLSnqMbLj4z2a_eM5VrnxrouKQQng&usqp=CAU
• https://www.researchgate.net/profile/Abbas_Wahab/publication/330988181/figure/fig1/AS:724465180762112@1549737367087
/Knowledge-Discovery-in-Database-KDD-Process.png
• https://community.tableau.com/s/question/0D54T00000CWeX8SAL/sample-superstore-sales-excelxls
• https://static8.depositphotos.com/1023803/970/i/450/depositphotos_9707546-stock-photo-analyzing-data-on-computer.jpg
• https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcQsf0zs4m-tSzsUOJdNPR2UhmqUlGiFo07I6A&usqp=CAU
• https://www.excel-easy.com/data-analysis.html
• https://revolution-computing.typepad.com/.a/6a010534b1db25970b01901c38e94d970b-pi
• https://mopinion.com/business-intelligence-bi-tools-overview/
• https://olap.com/learn-bi-olap/olap-bi-definitions/business-intelligence/
• https://www.greycampus.com/opencampus/minitab/introduction-on-minitab
• https://statanalytica.com/blog/excel-vs-minitab/
• https://www.ktvn.com/story/41067230/the-top-10-types-of-data-visualization-made-simple
• https://www.guru99.com/what-is-data-analysis.html
• https://www.datapine.com/blog/data-analysis-methods-and-techniques/
9/2/2020 67
Anything you want me to tell?
Thank You
See you on next class…
9/2/2020 68
Lets try to learn, in every second.

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Elementary Data Analysis with MS excel_Day-1

  • 1. Elementary Data Analysis with MS Excel Redwan Ferdous Electrical Engineer| Tech Enthusiast| Robotics | Automobile| Data Science | Tech-Entrepreneur & Investor | redwan.contact@gmail.com | ferdousr@emk.com.bd https://sites.google.com/view/redwanferdous Day: 01 out of 06 | September 2nd, 2020
  • 2. 9/2/2020 2 What do you think about ‘Data Analysis’ and ‘Visualization’?
  • 4. Disclaimer • You need not to reinvent wheel all the time, rather its better to create application using that wheel !! • Most of the contents of my slides are collected from internet. Credit mentioned with due respect at the last slide • My job is to facilitate the learning, motivate to adopt the beauty of MS Excel and Data Analysis. • The learning material is 40%- Slide & 60%- Live session on video 9/2/2020 4
  • 5. Course Summary • This course is stated as “Elementary Data Analysis with MS Excel”- Organized by EMK Center, Dhaka, Bangladesh • Course Duration: 06 Days. Each Day 2.00 hours.(including FAQ) • The schedule is subject to be changed based on unavoidable circumstances (if appears any). Date Stating Time End Time Platform Wednesday, September 02, 2020 07.30 pm 09.30 pm Zoom Saturday, September 05, 2020 07.30 pm 09.30 pm Zoom Wednesday, September 09, 2020 07.30 pm 09.30 pm Zoom Saturday, September 12, 2020 07.30 pm 09.30 pm Zoom Wednesday, September 16, 2020 07.30 pm 09.30 pm Zoom To Be Announced 07.30 pm 09.30 pm Zoom 9/2/2020 5
  • 6. Course Summary (cont.-2) • Each day’s lecture slide can be found on “Slide share” at instructors profile- after the end of the scheduled lecture. Link: https://www.slideshare.net/RedwanFerdous/ • The instructor personally do believe the following quote: “ Keep it Simple Keep it Short Keep it Real” - It will be reflected throughout the course contents and methodology of sharing the knowledge as well as interaction. 9/2/2020 6
  • 7. Course Attendee Summary • Total 99 has been invited from among 321. Only 30.84% • Most of the attendees are Professionals of different levels. Next major portion is either Students or Freelancers. • Selected attendees are finalized based on considering 06 layers of filter. Congratulations!! 9/2/2020 7
  • 8. Course Attendee Summary (cont.) • Among the participants, there are: • 20+ Participants who are aged ‘Equal or Above 35’ • 18 Participants are aged among 20-24 • 30+ participants are aged among 25-30 • 09 Students • 03 Government Service Holders • 02 Journalists • 08 Teachers/ Lecturers/ Professors • 45+ Private Service Holders • +/- 06 Entrepreneurs 9/2/2020 8
  • 9. The Course Leads you: 9/2/2020 9 60% 40% 0% 10% 20% 30% 40% 50% 60% 70% LEARNING EXTENSIVE USE OF MS EXCEL AS A TOOL: DATA ANALYZE AND VISUALIZE Upon Completion of 06 days Training:
  • 10. Course Outline • This is a very basic and summarized course specially designed for the working people or SME owners for the betterment of their day-to-day activities with the help of ‘Data’ and ‘Analysis’. • Course Outline: 9/2/2020 10 - What is Data, Data Analysis, Data Vs. Information - Regular life data analyzer Vs. Data - Sources of Data in real life and online - Statistics, Data - Types of Data Source (CSV, Excel) - Basic Terminology for Data Analysis using MS Excel - Big Data, Minitab - Career - File Options - Workbook, Worksheets - Cells, Ranges, Keyboard Shortcut - Ribbon Engagement: - Home - Insert - Page Layout and Setup - Basic Functions and Practices [+ Examples]
  • 11. Course Outline (cont.) 9/2/2020 11 (IF, Nested IF, VLOOKUP, HLOOKUP) - Formulas and Functions - List of Formulas - 15 Important Functions for Data Analysis+ Practice - Error Handling [Formula] - Data Validation - Developer Mode Enable - Macro - Ribbon Engagement: - Data - What-If Analysis - Review - View - Developer - Random Number - Crystal ball - Freeze Pane - Data Analysis Tools - Quick Analysis - Pareto Test
  • 12. Course Outline (cont.) 9/2/2020 12 - Statistics, Hypothesis - Regression Analysis, Trend Line - T-Test - Solver - Goal Seek - Idea : Z-Test, ANOVA Test, P-Value - Pivot Table and Interactive Dashboard, Charts - Pivot Table with Open Office Platform - Introduction to MS Access - Creating and Using a Complete Database using MS Access - Basics of Probability, Entropy, Model Development [Part of Advance] - Tableau, Qlik, Octave - Practical Example of Forecasting using the model building [advanced] - Bonus Training!
  • 13. Course Outline (cont.) 9/2/2020 13 Submission of final project by the participants and send the evaluation result virtually by EMK/instructor.
  • 14. Decorum for Attendee • This 06 days session will be a semi-formal session. The instructor is very much fun loving, believe me! • You can ask question either in the end of the session or during the demonstration. • Whenever you are not talking, please MUTE your microphone. You can switch your video off during observing live demonstration for better experience. 9/2/2020 14
  • 15. Decorum for Attendee (cont.) • All the attendee will try to practice live with the instructor – that is showed on shared screen on the platform. • During the live demonstration there might be technical error like internet disconnection or hanging of host platform- please have patience on that situation. Everything will be All Right ! • This is a two-way communicating session. Both Instructor and attendee will learn from each other. Medium –English/Bengali. • We will learn a lot more than MS Excel & Data Analysis, I do believe ! 9/2/2020 15
  • 16. Decorum for Attendee (cont.) Please don’t fall asleep!! Feel Relaxed. 9/2/2020 16 Let’s Start….
  • 17. 9/2/2020 17 Elementary Data Analysis with MS Excel Day-01
  • 22. Data Vs. Information (cont.) 9/2/2020 22
  • 23. Data Analysis Process • The Data Analysis Process is nothing but gathering information by using a proper application or tool which allows you to explore the data and find a pattern in it. • Based on that information and data, you can make decisions, or you can get ultimate conclusions. 9/2/2020 23
  • 24. Data Analysis Process (cont.) 9/2/2020 24
  • 25. Data Analysis Process (cont.) 9/2/2020 25 Simpler Form
  • 26. Data Analysis Process (cont.) • So, Data Analytics Process includes: • Data Collection • Working on data quality • Building the model • Training model • Running the model with full data. • Visualize Relation • Some tips to analyze the data are: • Remove unnecessary data before the analysis. • You should not perform the analysis on a master copy of data. 9/2/2020 26
  • 30. Why ‘Data Analysis’? • If you know Six Sigma/Lean Process of Six Sigma- it follows a framework DMAIC [Define, Measure, Analyze, Improve and Control] • DMAIC refers to a data-driven improvement cycle used for improving, optimizing and stabilizing business processes and designs. • The ‘M’ & ‘A’ part is redirected to ‘Data Analysis’ part. • It is one of the compulsory item for ensuring quality, timely, efficient and waste less – Production and Industrial Procedure. 9/2/2020 30
  • 31. ‘Data Scientist’ Vs. ‘Data Analyzer’ 9/2/2020 31
  • 33. ‘Regular life Data Analyzer’ Vs. ‘Data Scientist’ 9/2/2020 33
  • 34. Data Analysis Types The major types among several: • Text Analysis • Statistical Analysis • Diagnostic Analysis • Predictive Analysis • Prescriptive Analysis 9/2/2020 34
  • 35. Data Analysis Types (cont.) • Text Analysis is also referred to as Data Mining. It is a method to discover a pattern in large data sets using databases or data mining tools. • Statistical Analysis shows "What happen?" by using past data in the form of dashboards. It’s of 02 types: • Descriptive • Inferential • Diagnostic Analysis shows "Why did it happen?" by finding the cause from the insight found in Statistical Analysis. • Predictive Analysis shows "what is likely to happen" by using previous data. • Prescriptive Analysis combines the insight from all previous Analysis to determine which action to take in a current problem or decision. 9/2/2020 35
  • 36. Data Visualization • More likely ‘Information’ Visualization. • Data visualization is the representation of data in a graphical or pictorial format. It allows key decision-makers to see complex analytics in a visual layout, so they can identify new patterns or grasp challenging concepts. • When you have your hands full juggling multiple projects at once, you need a quick and effective reporting method that allows you to get a clear point across. 9/2/2020 36
  • 37. Types of Data Visualization (Most Common) • Column Chart • Bar Graph • Stacked Bar Graph • Stacked Column Chart • Area Chart • Dual Axis Chart • Line Graph • Mekko Chart • Waterfall Chart • Bubble Chart • Scatter Plot Chart • Bullet Graph • Funnel Chart • Heat Map • Box Plot • Pie Chart 9/2/2020 37
  • 38. Types of Data Visualization (Most Common) 9/2/2020 38
  • 39. Business Intelligence • The term Business Intelligence (BI) refers to technologies, applications and practices for the collection, integration, analysis, and presentation of business information. • The purpose of Business Intelligence is to support better business decision making. Essentially, Business Intelligence systems are data-driven Decision Support Systems (DSS). • Business Intelligence is sometimes used interchangeably with briefing books, report and query tools and executive information systems. • The global Business Intelligence and Analytics Software Market is expected to grow from $17.90 Billion in 2015 to $26.78 Billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 8.4%. 9/2/2020 39
  • 40. Business Intelligence Tools 1. SAP Business Intelligence 2. MicroStrategy 3. Datapine 4. SAS Business Intelligence 5. Yellowfin BI 6. QlikSense 7. Zoho Analytics 8. Sisense 9. Microsoft Power BI 10. Looker 11. Clear Analytics 12. Tableau 13. Oracle BI 14. Domo 15. IBM Cognos Analytics 9/2/2020 40
  • 44. Business Intelligence Tools 9/2/2020 44 Microsoft Power BI
  • 45. Business Intelligence Vs. Data Science 9/2/2020 45
  • 48. Data Analysis Software/ Tools • MS Excel [sometimes ‘Calc’ from LibreOffice] • SPSS (IBM SPSS) • R (Language) • Atlas.ti • JMP • QlikView • Tableau [Required mostly in Big Data/ Hadoop Cluster] • Microsoft BI (Business Intelligence) • RapidMiner • Check some comparison of tools: https://www.softwaretestinghelp.com/data-analysis-tools/ 9/2/2020 48
  • 49. Introduction to MS Excel • The version of MS Excel on instructor’s PC is 2013. You can use any of 2007/ 2010/ 2013/ 2019. • Microsoft Excel is a spreadsheet program that is used to record and analyze numerical data. Think of a spreadsheet as a collection of columns and rows that form a table. • Alphabetical letters are usually assigned to columns and numbers are usually assigned to rows. • The point where a column and a row meet is called a cell. 9/2/2020 49
  • 50. ‘Excel’ in LibreOffice [Open Office] • ‘Calc’ is the spreadsheet program of LibreOffice, which is a Open- Source Platform • Currently the version 7.0.x is going on of LibreOffice • Their Theme is ‘The Spreadsheet for everyone’ • It can also analyze data using it’s ‘Advanced DataPilot technology’ • Can do almost all the operations like MS Excel • While Calc saves spreadsheets in its native Open Document Format (.ods), it can also open and save files in Microsoft Excel format for sending to people still locked into Microsoft products. 9/2/2020 50
  • 51. ‘Excel’ in LibreOffice [Open Office] 9/2/2020 51
  • 52. Minitab • Minitab is a software product that helps you to analyze the data. This is designed essentially for the Six Sigma professionals. It provides a simple, effective way to input the statistical data, manipulate that data, identify trends and patterns, and then extrapolate answers to the current issues. • MiniTab Inc. is one of the dominant providers of the statistical software for quality improvement. • Minitab is not for all types of users. It is specially designed for the six sigma professionals. • They use Minitab to analyze the data, and on the basis of their analyzation, they improve the business process. The six sigma is all about quality management techniques. 9/2/2020 52
  • 53. Minitab (Cont.) – Demo Interface 9/2/2020 53
  • 54. Minitab vs. MS Excel Features of MS Excel Features of Minitab 1. Conditional Formatting 2. PivotTables 3. Paste Special 4. Add Multiple Rows 5. Absolute References 6. Print Optimization 7. Extend formula across/down 8. Flash Fill 9. INDEX-MATCH 10. Filters 1. Measurement systems analysis 2. Contour and rotating 3D plots 3. Analysis of Variance 4. Linear and nonlinear regression 5. Binary, ordinal and nominal logistic regression 6. Measurement Systems Analysis 7. Exact failure, right-, left-, and interval-censored data 8. Random number generator 9. Extensive preferences and user profiles 10. Chi-square, Fisher’s accurate, and other tests 9/2/2020 54
  • 55. Jobs with MS Excel Jobs with Minitab 1. Financial Analysts 2. Administrative Assistants 3. Retail Store Managers 4. Project Managers 5. Business Analysts 6. Data Journalists 7. Accountants 8. Cost Estimator 9. Sales Manager 10. Information Clerk 1. Quality Manager 2. Project Development Engineer 3. Sales Management Advisor 4. Data Analyst 5. Design Engineer 6. Process Improvement Manager 7. Quality Assurance Specialist 8. Senior Automotive Engineer 9. Manufacturing Engineer 10. Power Supply Quality Analyst 9/2/2020 55 Minitab vs. MS Excel
  • 56. Sources of Data in real life and online • Mainly 02 types of Data-Sources: • Primary & • Secondary • Primary Data Collection: Primary data sources include information collected and processed directly by the researcher, such as observations, surveys, interviews, and focus groups. • Secondary Data Collection: Secondary data sources include information retrieved through preexisting sources: research articles, Internet or library searches, etc. Preexisting data may also include records and data already within the program: publications and training materials, financial records, student/client data, performance reviews of staff, etc. 9/2/2020 56
  • 57. Types of Data Source • Mainly in 02 format: • .CSV • .xlsx / .xls • There are some other based on Excel and other data analyzing software. You may need to convert the dataset in a format required for that particular analyzer. • Out test datasets (Sample Dataset (1~10+) and Dataset-Mega) will be .xlsx format for easy understanding 9/2/2020 57
  • 58. Source of Data How can you collect your data: (SME/ Industry) • Implementing ERP (e.g. SAP/Oracle/Freeware) • Implementing Accounting Software (e.g. Qucikbooks) • Enable E-Commerce • Enable Digital Money (Credit Card/ MFS) • Deploying Separate Entry and Exit with Human Counter • Digital Inventory Management • Loyalty / Membership Card • Digital SCM etc. 9/2/2020 58
  • 59. Some Sample Data Sources [Practice] • We will use 10+ sample datasets throughout our course. • Dataset (1~10+): [for class 02-05] • Comparatively Small. Uploaded in Google Classroom on or before the class day. • Dataset-Mega: [for class 05] We will try to use this in the class. If we can’t due to time, it will be in Assignment. • Our Practice Dataset is a sample superstore sales data, collected from internet. • In XLSX format, not curated. Comparatively large. • It consists of almost 10,000 rows and 21 columns. • It will be uploaded in Google Classroom 9/2/2020 59
  • 60. Some Sample Data Sources [Practice] • Google/ Kaggle • WHO- https://www.who.int/healthinfo/statistics/data/en/ • Contextures- https://www.contextures.com/xlSampleData01.html • E for Excel- http://eforexcel.com/wp/downloads-18-sample-csv-files-data- sets-for-testing-sales/ • John Hopkins Dataset for COVID-19 And thousands more…… • You also can create your own set of data for better observation! 9/2/2020 60
  • 61. Basic Terminology for Data Analysis using MS Excel The powerful features Excel has to offer to analyze data: • Sort: You can sort your Excel data on one column or multiple columns. You can sort in ascending or descending order. • Filter: Filter your Excel data if you only want to display records that meet certain criteria. • Conditional Formatting: Conditional formatting in Excel enables you to highlight cells with a certain color, depending on the cell's value. • Charts: A simple Excel chart can say more than a sheet full of numbers. As you'll see, creating charts is very easy. • Pivot Tables: Pivot tables are one of Excel's most powerful features. A pivot table allows you to extract the significance from a large, detailed data set. 9/2/2020 61
  • 62. Basic Terminology for Data Analysis using MS Excel • Tables: Tables allow you to analyze your data in Excel quickly and easily. • What-If Analysis: What-If Analysis in Excel allows you to try out different values (scenarios) for formulas. • Solver: Excel includes a tool called solver that uses techniques from the operations research to find optimal solutions for all kind of decision problems. • Analysis ToolPak: The Analysis ToolPak is an Excel add-in program that provides data analysis tools for financial, statistical and engineering data analysis. 9/2/2020 62
  • 63. Career: As ‘Data Analyzer’ in MS Excel 9/2/2020 63
  • 64. Career: As ‘Data Analyzer’ in MS Excel • We will check some freelancing site for the status of ‘Data Analyst in MS Excel’, Live: • Upwork • Freelancer.com • Moreover, we will google “Current market for data analyst in MS Excel” 9/2/2020 64
  • 65. Though, your path may not be smoother… • Until you have proper knowledge, expertise, passion and vision. 9/2/2020 65
  • 66. Bibliography • https://www.guru99.com/introduction-to-microsoft-excel.html • https://cyfar.org/data-sources • https://libguides.macalester.edu/c.php?g=527786&p=3608657 • https://www.computerhope.com/issues/ch000357.htm • https://www.datapine.com/blog/wp-content/uploads/2018/12/data-science-vs-data-analytics-difference.png • http://datascientistyuyuria.blogspot.com/2017/01/difference-between-data-analyst-and.html • https://www.guru99.com/difference-information-data.html • https://www.twinkl.fr/teaching-wiki/data • https://i.stack.imgur.com/UTmOm.gif • https://sigmatricks.com/wp-content/uploads/2019/05/Discrete-and-Continuous-Data.jpg • https://lh3.googleusercontent.com/proxy/Z2d6RFEAAt6hSbuQEzL3I2jUPw7fz0IKoTyMIYOJNuqplghnqNX8yyyqknBnP- vsF4XQjXIsHlS67urJ60RSK87GdW35RHR2zGTezXQx4UIv0szs1Q37zUma_qFC2XAkUTg_MSj7SiSjEj6ik-IazdRVke1z • https://www.softwaretestinghelp.com/data-analysis-tools/ • https://www.visualcapitalist.com/wp-content/uploads/2019/07/big-data-graphic.jpg • https://www.globaldots.com/hs-fs/hubfs/Imported_Blog_Media/big-data-infographic-1- 728.jpg?width=728&height=406&name=big-data-infographic-1-728.jpg 9/2/2020 66
  • 67. Bibliography • https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcSkM6dHyCLSnqMbLj4z2a_eM5VrnxrouKQQng&usqp=CAU • https://www.researchgate.net/profile/Abbas_Wahab/publication/330988181/figure/fig1/AS:724465180762112@1549737367087 /Knowledge-Discovery-in-Database-KDD-Process.png • https://community.tableau.com/s/question/0D54T00000CWeX8SAL/sample-superstore-sales-excelxls • https://static8.depositphotos.com/1023803/970/i/450/depositphotos_9707546-stock-photo-analyzing-data-on-computer.jpg • https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcQsf0zs4m-tSzsUOJdNPR2UhmqUlGiFo07I6A&usqp=CAU • https://www.excel-easy.com/data-analysis.html • https://revolution-computing.typepad.com/.a/6a010534b1db25970b01901c38e94d970b-pi • https://mopinion.com/business-intelligence-bi-tools-overview/ • https://olap.com/learn-bi-olap/olap-bi-definitions/business-intelligence/ • https://www.greycampus.com/opencampus/minitab/introduction-on-minitab • https://statanalytica.com/blog/excel-vs-minitab/ • https://www.ktvn.com/story/41067230/the-top-10-types-of-data-visualization-made-simple • https://www.guru99.com/what-is-data-analysis.html • https://www.datapine.com/blog/data-analysis-methods-and-techniques/ 9/2/2020 67
  • 68. Anything you want me to tell? Thank You See you on next class… 9/2/2020 68 Lets try to learn, in every second.