This document provides a comprehensive guide on data handling and business intelligence. It covers the importance of Excel in pre-processing, analyzing, and visualizing data. It also explores the use of SPSS and different data mining techniques. The document includes insights into current market examples and their relevance.
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Data handling and business intelligence
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Contents Contents...........................................................................................................................................2 INTRODUCTION...........................................................................................................................1 PART 1............................................................................................................................................1 1. Determining and evaluating various aspects of using Excel for pre-processing, analysing, and visualising the data................................................................................................................1 PART 2............................................................................................................................................7 2.1 Working on SPSS including explanation of the results.........................................................7 2.2 Analysis and evaluation of the different methods that are used in common data mining and relating it with the current market examples that are prevailing in the present scenario..........12 2.3 Advantages and disadvantages of SPSS over MS Excel.....................................................14 CONCLUSION..............................................................................................................................14 REFERENCES..............................................................................................................................15
INTRODUCTION Handling of data in an appropriate, systematic, and sequential manner is one of the most crucial as well as critical aspect in the current scenario as it can help a business firm to grow and prosper in the market but at the same time it can damage and disrupt the operations of the enterprise if not used in an effective and efficient way(Al-Qirim, Tarhini and Rouibah, 2017). Smile clinic is a firm which is operating in the industry since a considerable amount of time and thus has captured a good share in the market and enjoys a loyal customer base. In this report there is a brief discussion of the above mentioned company and its related aspects that carrier a lot of value in the present time. apart from this the report also covers different topics which are related with the Microsoft Excel and its operations that it performs for the company’s well being in the market so that it can sustain in the industry for a much longer time period as compared with other competitors that are prevailing in the current market situation. Further this report also covers Excel’s importance in the company so that it can perform its activities in an appropriate manner. PART 1 1. Determining and evaluating various aspects of using Excel for pre-processing, analysing, and visualising the data Excel performs a number of different functions that helps a company to carry out its daily transactions in an impactful manner so that it can add to the market value of that organisation in the long run. The main function of it is to store and evaluate the facts and figures of the business so that it can prove handy in taking and implementing various decisions for the betterment of the enterprise which can substantially increase its value in the industry in which it is operating. Various functions of Microsoft Excel are elaborated below- Analyzing and storing data-The most important function of Excel is that it analyses, evaluate, and store relevant data in a precise format for the company so that it can be used as per the requirements of the enterprise without facing much problems. There are a number of tools and techniques that can be used in it so that all the figures can be store in an accurate way which can help the firm in the near future(Antignac, Scandariato and Schneider, 2016).
Data recovery- Also stored data in Microsoft Excel can be restored many times as per the needs or if it is erased or deleted by mistake it can also be recovered and thus giving an upper hand to the firm in the market environment which is highly competitive as well as dynamic in nature. Making report-Reports can also be made in Microsoft Excel in an impactful way with the help of different tools that are prevailing in the current market scenario and are available in it. It also proves very beneficial as it helps in monitoring of the data so that chances of any type of error can be minimized so that appropriate and necessary rectifications can be as and when needed by the organization. Research-It is an essential element as new and important aspects can be evaluated with the help of it and Microsoft Excel does all the research in an effective and efficient way so that it can add to the market value of that organization in the long run by increasing and improving the performance and the productivity of the firm so that it can sustain in the industry for a long time period(Berg and Carlsson, 2019). Conditional formatting-Formatting of different things can be done easily in Microsoft Excel according to the requirements and demands of the company owners so that necessary adjustments can be implemented in the working of the business which can prove beneficial from the firm’s point of view. Security-Since all the facts and figures that are store in Microsoft Excel posses a lot of important for each and every firm that is currently working in the industry and thus security aspect becomes very much crucial in this and Excel provides all that in an effective manner. Security cannot be breached easily in it and thus it provides all the necessary measures that an enterprise wants so that all the information can be stored with high confidentiality(Jain, 2017). Evaluating and analysing the use of IF function in Microsoft Excel-It includes a comma and then it is divided into three pieces which is know and IF feature or IF declaration and the function that it performs are given below in detail- It helps in analysing and evaluating the performance of the company while taking its revenues and incomes as a base for it and it also indicates the level of sales that the firm
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has achieved in a given period of time which makes decision making process very easy and simple as all the things are done in an step by step format. Apart from that all the old figures that are stored in it can be rearranged so that new data can be generated which can drastically improve and increase the value of the company in the market in which it is performing. Uses of the IF Element form-There are different use of this and all of those are discussed below in detail- Form code can be shaped with the help of it. Further the code of different cells can be checked and rechecked so as to remove any duplication of work and to examine that it fulfils all the needs and requirements or not (Kalakbandi and Kondareddy, 2017). If any of the function reveals the significance of B3, then if the importance or value of B3 is less than of B3's variable that indicates that the parameter of B1 will also mean that the IF parameter is more important than B3 as soon as the function is seen. User which is operating it should obtain the cell that is of B4 file after pressing the Enter key. To see the impact of it the user has to transfer the handle from D4 to cell D8400. If there is an application and the user needs to learn about H Lookup and V lookup factors in a detailed manner so firstly they must not be confused that whether the buyer wants it as this is an important skill or not. Thus the user will consider all the things in detail if operating is being done with minimal numbers. Hence this would take longer to locate each and everything in the data for the extension of the search. The analysis of Superstore data is aimed at determining the decline in sales. Using the PIVOT table, the following graph was generated.
From the above it can be seen that the level of sales of the firm continuously decreased in 2010 and 2011 but in the year 2012 it increased but still is low as compared with that of 2009. The trend line shows that the sale of the company is on the decreasing track and hence the enterprise must pay appropriate attention in this regard. Detailed evaluation of these variables are done below-
The above graph presentation shows the order quantity on year basis and it can be seen that number of orders decreased in 2010 and 2011 but it came to an equal level of 2009 in 2012 so it can be concluded that the quantity of the orders are declining in the store.
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It can be seen from the above that discounts are too given in huge numbers and the most of them are given in 2010 while the least is given in 2011. From the above it can be seen that the unit price too decreased while the highest was in the year 2009 and the least was in the year 2011. It can be seen from the above that shipping cost is declining and it was highest in 2009 and lowest in 2011.
It can be analysed from the above that four variables show same trends as that of sales and this can be said that sales is affected by variables thus a correlation is done with the help of excel tools and the result of that is shown below- Order QuantityDiscount Unit Price Shipping CostSales Order Quantity1 Discount0.9240681 Unit Price0.5837250.2290511 Shipping Cost0.9898130.9690730.4621791 Sales0.8546210.5912550.9204710.7719881 From the above it can be seen that correlation coefficient for the quantity of order is 0.85 while discount has 0.59 and unit price has 0.92 whereas shipping cost has 0.77 with respect to sales. Since all the factors show strong correlation the sequence of it is unit price, followed by order quantity, and then shipping cost and the least influencer is discount. It can therefore be said that the decrease in sales is caused by a decrease in unit price. It can be said that Microsoft Excel is more effective in conducting visualisation, analysing, and pre-processing. PART 2 2.1 Working on SPSS including explanation of the results Since SPSS is a software that helps in performing advanced operations that are related with statistical data of a company and for Smile Clinic is done below for different aspects that posses a lot of importance in the current scenario.
From the above it can be seen that 40% customers of Smile Clinic does not eat rice while the rest eats.
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It can be seen from the above that Smile Clinic attends equal number of male and femals customers.
It can be seen from the above that the mean age of all the customers that visit Smile Clinic is 20.35 years and the median customer age is 19 years. [DataSet3]
a. Convergence achieved due to no or small change in cluster centers. The maximum absolute coordinate change for any center is .000. The currentiterationis3.The minimum distance between initial centers is 96.005. Final Cluster Centers Cluster 12 Customer Code26.0076.00 Gender1.511.49 Date of Birth20.6720.02 Eat Rice.59.61 Number of Cases in each Cluster Cluster 151.000 249.000
Valid100.000 Missing.000 2.2 Analysis and evaluation of the different methods that are used in common data mining and relating it with the current market examples that are prevailing in the present scenario Different methods are used in data mining and are discussed below briefly- Data mining technique-It is one of the most crucial technique which mostly helps in doing various types of classifications, associate rule learning, anomaly or outlier detection, evaluation of clusters, analysis which is of regression in nature, etc. and there are majorly three steps which are involves in this techniques that are explained below in detail- Exploration-It is a step in which a particular set of information or data is firstly transformed and then cleared so that results can be measured in an effective and efficient manner. Pattern Recognition- In this step strongest pattern is evaluated and analysed from various alternatives so that it can add to the value of the firm in the long run. Deployment-In it appropriate and effective efforts are deployed so that it can help in improving the performance of the business(Tian and Liu, 2017). Data mining technique-Since it is a very important technique as it helps a business to grow and prosper in the current market situation and thus is divided into many parts or it can be said that there are various sub techniques involved in it which are explained below- Statistical Techniques-Thistechniquesisrelatedwith thestatisticaldata of the company that possess a lot of value in the current circumstances and to evaluate the future prospects it helps in analysing different aspects which are as follows- What is the current trend of data network? For how many number of occasions it can occur? What are the patterns that carriers importance from the firm’s point of view? What is a description of high level things that are found in the document? Clustering Techniques-In this technique clusters are formed on the basis of some similarity so that determination can be easily possible as per the requirements of the business and it involves different methods too that are as follows- Hierarchical agglomerative methods
Model based methods Division methods Grid based methods Density based methods View-It is one of the best technique that is mostly used by firms in order to achieve growth in the long run as it is involved in doing a detailed and elaborated analysis and evaluation of the current trends so that necessary adjustments can be done for the future (Wang, Cheng and Deng, 2018). Induction Decision Tree Technique-In this technique a tree like format is formed so that all the aspects can be understood at one go which can substantially reduce the time in decision making and helps in focussing on a single issue(Паршина, 2016). Neural Network- It is a technique which is related with the use of artificial intelligence technology and also includes human being too so that all the aspects can be studied in detail and in dept so that it can add value to the firm in the long term and certain factors are also involved in it which are as follows- How nodes are linked in it? What will be the amount of the units that are produced? When will be the training completed? Association Rule Technique-In this technique two factors are associated with each other and evaluation of those aspects are done in it(Wang, Kung and Byrd, 2018). 2.3 Advantages and disadvantages of SPSS over MS Excel SPSS is a software that helps in performing statistical operations in an effective as well as efficient manner thus its advantages and disadvantages over Excel are given below- Advantages of SPSS over Microsoft Excel-Since advanced technology is used in it which helps a firm to do much better in long term which is lacked in MS Excel. Disadvantages of SPSS over Microsoft Excel-It required skilled knowledge which everyone does not have and thus here Excel comes very handy as it is very easy to use(Wu, 2020).
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CONCLUSION It can be concluded from the above that Microsoft Excel has various tools and techniques which possess a lot of importance for each firm that is operational in the current scenario, though there are some disadvantages of it too but its advantages are far more than its limitations.
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