Jobs
Data Analysis
Data analysisis the systematic process of inspecting, cleansing, transforming, and modeling data to discover useful information, draw conclusions, and support decision-making1. It involves applying various techniques and tools to extract meaningful insights from raw data, helping in understanding patterns, trends, and relationships within a dataset2.
Key Principles of Data Analysis
Data Collection: Gathering relevant data from various sources. This can include internal sources like a company's CRM software or external sources like government records or social media APIs1.
Data Cleaning: Preparing the data for analysis by removing duplicates, reconciling inconsistencies, and standardizing data formats1.
Data Analysis: Manipulating the data using various techniques to find trends, correlations, outliers, and variations1.
Interpretation: Interpreting the results to see how well the data answers the original question and making recommendations based on the data1.
Types of Data Analysis
Descriptive Analysis: This type of analysis helps describe or summarize quantitative data by presenting statistics. It answers the question, “what happened?”1.
Diagnostic Analysis: This analysis determines the “why” behind the data. It answers the question, “why did it happen?”1.
Predictive Analysis: Uses data to form projections about the future. It answers the question, “what might happen in the future?”1.
Prescriptive Analysis: Uses insights from the first three types of analysis to form recommendations for future actions. It answers the question, “what should we do about it?”
Understanding Data Analysis
Enderby is a village and civil parish in Leicestershire, England, on the southwest outskirts of the city of Leicester. The parish includes the neighbourhood of St John's, which is east of the village separated from it by the M1 motorway. The 2011 Census recorded the parish's population as 6,314.[1]
The village's name means 'farm/settlement of Eindrithi'.[2]
The village is situated on the B4114 between Fosse Shopping Park and Narborough. The parish includes Fosse Shopping Park, Grove Park Commercial Centre and Everards Brewery.
The parish is bounded by the City of Leicester and the civil parishes of Braunstone Town, Glen Parva, Lubbesthorpe, Narborough and Whetstone.
The course of the Fosse Way Roman road passes through the parish. Near St John's is the deserted village of Aldeby by the River Soar.[3]
Enderby Hall was the ancestral home of the Smith family when the paternal line ended. The hall was left to Charles Loraine who took the name Charles Loraine Smith.[4]
