This week’s topics
Applied Descriptive Analytics
- Exploratory data analysis using Python or R
- Central tendency and dispersion metrics
- Customer segmentation profiles for operational decisions
- Quantitative Data Analysis 101 Tutorial: Descriptive vs Inferential Statistics (With Examples)
- 8 Market Segmentation: How to Define Optimal Customer Segments
- Descriptive statistics and data visualisation. An introduction to statistics and working with data
- Data Visualization in Python - Seaborn
What you will be able to do
- 3.2 Apply an appropriate programming language or tool to demonstrate how descriptive analytic techniques contribute to decision-making.
Activity
Start with this week’s 4 videos, then: Seminar, guided reading and a short written task: apply an appropriate programming language or tool to demonstrate how descriptive analytic techniques contribute to decision-making.
Study materials
Videos
- Quantitative Data Analysis 101 Tutorial: Descriptive vs Inferential Statistics (With Examples) · YouTube · Grad Coach · 28 min · for registered students
- 8 Market Segmentation: How to Define Optimal Customer Segments · YouTube · Marketing Insights · 7 min · for registered students
- Descriptive statistics and data visualisation. An introduction to statistics and working with data · YouTube · Global Health with Greg Martin · 14 min · for registered students
- Data Visualization in Python - Seaborn · YouTube · TU Delft · 11 min · for registered students
- Session 3: Descriptive Statistics · YouTube · Aswath Damodaran · 19 min · for registered students
Further resources
- Introduction to Python Programming, ch. 15: Data Science · PDF · OpenStax, textbook chapter; pp. 341–397 · for registered students
- Learning Statistics with R (Navarro, v0.7.1), ch. 5: Descriptive statistics · PDF · Other, textbook chapter; pp. 158–213 · for registered students
- Introductory Business Statistics 2e, ch. 2: Descriptive Statistics · PDF · OpenStax, textbook chapter; pp. 57–148 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.