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1. Overview of Data Analytics

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1. Overview of Data Analytics

Uploaded by

Đỗ Anh
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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10/26/2024 Dr.

Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 11


Chapter Outline

 Key concepts and terminology


 Basic steps in a data analytics project
 Popular tools for data analytics
 Some applications of data analytics in petroleum
engineering

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 12
Basic Concepts and Terminology
Data Science: The Venne Diagram

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 13
Basic Concepts and Terminology
Mathematics Component

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 14
Basic Concepts and Terminology
Mathematics: Statistics

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 15
Basic Concepts and Terminology

Computer Science

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 16
Basic Concepts and Terminology
Domain Knowledge

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 17
Mathematics in Data Science

Quiz: Which of the following statements is not true


concerning the mathematics contribution in Data
Science?

A. Linear Algebra

B. Multivariate Calculus

C. Fuzzy Logic

D. Deep Learning
10/26/2024 Dr. Mai Cao Lân, Faculty of Geology & Petroleum Engineering, HCMUT, Vietnam 18
What is Data Science?

Data science is centered on building, cleaning,


and organizing datasets. Data scientists create
and leverage algorithms, statistical models, and
their own custom analyses to collect and shape
raw data into something that can be more easily
understood.
Source: Harvard Business School

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 19
What is Data Analysis?

Data analysis refers to reading and interpreting


data to glean insights from it. While analysis can
be conducted using statistical models, algorithms,
and other complex tools and frameworks, you can
also achieve it by simply reviewing data and
drawing conclusions from it.
Source: Harvard Business School

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 20
What is Data Analytics?

Data analytics refers to the process and practice


of analyzing data to answer questions, extract
insights, and identify trends. This is done using an
array of tools, techniques, and frameworks that
vary depending on the type of analysis being
conducted.
Source: Harvard Business School

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 21
What is Data Analytics?

Data analytics is the collection, transformation,


and organization of data in order to draw
conclusions, make predictions, and drive informed
decision-making.
Source: Coursera

10/26/2024 Dr. Mai Cao Lan - Faculty of Geology & Petroleum Engineering, HCMUT 22
Data Analytics vs Data Analysis
Quiz: Fill in the blanks with appropriate answers

Feature Data Analysis Data Analytics

• Objective ? ?

• Outcomes/Results ? ?

• Methodology ? ?

• Tools ? ?

10/26/2024 Dr. Mai Cao Lân, Faculty of Geology & Petroleum Engineering, HCMUT, Vietnam 23

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