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Complete Tutorial on Business Analytics

CRISP-DM (Cross Industry Standard Process for Data Mining)                                    The framework is made up of 6 steps: Business Issue Understanding Data Understanding Data Preparation Analysis/Modeling Validation Presentation/Visualization The map outlines two main scenarios for a business problem: Data analysis Predictive analysis Data analysis refers to the more standard approaches of blending together data and reporting on trends and statistics and helps answer business questions that involve understanding more about the dataset such as "On average, how many people order coffee and a donut per transaction in my store in any given week?" Predictive analysis will help businesses predict future behavior based on existing data such as "Given the average coffee order, how much coffee can I expect to sell next week if I were to add a new brand of coffee?" Business Issue Understanding "This initial phase focuses on understanding the project objectives a