Different Types of Analytics

Descriptive Analytics

Explanatory / Diagnostic Analytics

Predictive Analytics
Prescriptive
Analytics
Lifecycle of Data Science Project
What Problem are we
solving?
Define the
Goal What Information do we
need?
Deploy Collect and
Model Manage Data Find Patterns in the Data that
lead to solutions

Does the Model Solve the

Problem?
Present
Result and Build Model
Document Establish That we can solve
the problem and how
Evaluate and
Critique
Model Deploy the Model to Solve
the Problem in real world