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- 2. Hello! I am Vikrant Narayan Data Analytics enthusiast You can find me at @vikrant.m.narayan@gmail.com 2
- 4. “ There are things known and there are things unknown, and in between are the doors of perception - Aldous Huxley 4
- 5. What does it mean? ● It means perceptions can influence the way we think about anything and that the original data could be very different from our perceptions. ● Our prejudices and ignorance will make us overlook the original data. 5
- 6. West and East ● Studies show that the prejudices that people in the west have about the east, have made them overlook the drastic changes in the world. ● They are blinded to the fact that social change happens before economic change. 6
- 7. “ West: People live in small families and live a longer life. East: People live in large families and live a shorter life. 7
- 8. What should we undersand? ● Average Data is irrelevant and dangerous ● Relational data is the closest to interpretation of actual scenario. ● Perceptions and myths are disproved because of the variation in average data 8
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- 10. Need of the hour? ● Data that is contextualized ● Data Visualization ● Publicly funded statistics and searchable and accessible data. 10
- 11. Data Visualization Data Visualisation is viewed by many disciplines as a modern equivalent of visual communication. It involves the creation and study of the visual representation of data, meaning "information that has been abstracted in some schematic form, including attributes or variables for the units of information"
- 12. Why do we need it? ● Compiling vast databases would be useless, if data is not communicated properly ● Game changing data might remain hidden if not communicated properly 12
- 14. Relevance to managers ● There is a pressing need for more business-minded people who can think quantitatively and make decisions based on data and analysis, and business- minded people who can do so will become increasingly valuable. 14
- 15. 15 Thank You!