Module 6: Analytics and Data-driven Decision Making-
Introduction to Analytics and Data-driven Decision Making
Data Collection and Sources
Data Cleaning and Preparation
Exploratory Data Analysis (EDA)
Key Performance Indicators (KPIs)
A/B Testing and Experimentation
Customer Behavior Analysis
Predictive Analytics and Forecasting
Data Visualization and Reporting
Ethical Data Usage and Privacy – Ethical considerations in data collection and analysis – Privacy regulations (e.g., GDPR) and compliance – Ensuring responsible data practices
Data-driven Decision Making – Integrating data into decision-making processes – Case studies of data-driven decision successes and failures – Overcoming common barriers to data-driven decision-making
Continuous Improvement and Optimization – Implementing feedback loops and iterative processes – Data-driven optimization of websites, marketing campaigns, and operations – Measuring the impact of optimizations
Emerging Trends in Analytics – Big data and real-time analytics – Artificial intelligence and machine learning in data analysis – The role of data analytics in IoT and connected devices