What is the Role of a Data Analyst?
Role of a Data Analyst
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Data analysts work at the intersection of information technology, statistics, and business.
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They combine these fields to help businesses and organizations succeed.
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A major goal for data analysts is to increase efficiency and improve performance by discovering patterns in data.
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The work of a data analyst involves working with data throughout the data analysis pipeline.
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The primary steps in the data analytics process are data mining, data management, statistical analysis, and data presentation.
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It depends on the data and the analysis goal to decide how these steps should be balanced.
Data Mining
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Data mining involves extracting data from unstructured data sources.
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These may include written text, large complex databases, or raw sensor data.
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A key component of this step is extracting, transforming, and loading data (often called ETL).
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ETL converts raw data into a useful and manageable format and prepares data for storage and analysis.
Data Management
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Data management or data warehousing is another key aspect of a data analyst’s job.
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Data warehousing involves designing and implementing databases that allow easy access to clean data.
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This step generally involves creating and managing SQL databases.
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NoSQL and non-relational databases are also common in database management.
Statistical Analysis
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Statistical analysis allows analysts to find insights within data.
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Both statistics and machine learning techniques are used to analyze data and create statistical models that reveal trends.
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These models can be applied to new data to make predictions and inform decision-making.
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Statistical programming languages such as R or Python (with pandas library) are essential to this process.
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In addition, open-source libraries and packages such as TensorFlow enable advanced analysis.
Data Presentation
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The final step in many data analytics processes is data presentation.
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In this step, insights are prepared for sharing with stakeholders.
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You'll need a data visualization tool like Tableau or Power BI to perform this step.
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Compelling visualizations can help tell the story of data, which may help executives and managers understand the importance of these insights.