留学生辅导 INFS5700 Introduction to Business Analytics

INFS5700 Introduction to Business Analytics
Week 2: Data Visualization and Communication 1

• Recap on Week 1 topic – Business Analytics in Context

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• A Simple Approach to Build a Good Chart
• SAS Viya for Learners Demo

Communication Housekeeping
• We do not respond to e-mails/tend to Moodle outside of standard work hours
➢ There are possible exceptions, e.g., dealing with SAS VA breaking down
➢ Do your prep work before the weekend, if you think you will have questions
• Please make sure you read ALL announcements and the Q&A forum
➢ If we have answered a question already in the Q&A or announcement forum, then we will just re-direct you there, so reading them beforehand will save time
➢ It’s university policy that we only respond to UNSW e-mail address
• We appreciate that many people answered forum questions and encourage all to do so

Recap: A Framework for Business Analytics

Recap: The Four V’s of Big Data

Recap: Types of Analytics
• Descriptive
➢ Which customers are
most profitable? • Predictive
➢ Which customers are likely to churn?
• Prescriptive
➢ What action should be taken for customers with a high probability of churning?

Recap: Core Elements of Business Analytics Development Function

Why Data Visualization?
• The way the human brain processes information
• A quick, easy way to convey difficult concepts or identify new patterns, trends, and outliers

Anscombe’s Quartet example (1)

Anscombe’s Quartet example (2)

Data visualization is everywhere

A simple approach to build a Good Chart
Understand
Present Create Refine and

A simple approach to build a Good Chart
Understand
Present Create Refine and

A simple approach to build a Good Chart
Understand
Present Create Refine and

Understand the Science of How We See

Understand the Science of How We See
1. We don’t go in order
2. We see first what stands out
3. We see only a few things at once
4. We seek meaning and make connections 5. We rely on conventions and metaphors

Understand the Science of How We See
1. We don’t go in order
2. We see first what stands out
3. We see only a few things at once
4. We seek meaning and make connections 5. We rely on conventions and metaphors

We don’t go in order

Understand the Science of How We See
1. We don’t go in order
2. We see first what stands out
3. We see only a few things at once
4. We seek meaning and make connections 5. We rely on conventions and metaphors

We see first what stands out

Understand the Science of How We See
1. We don’t go in order
2. We see first what stands out
3. We see only a few things at once
4. We seek meaning and make connections 5. We rely on conventions and metaphors

We see only a few things at once

Understand the Science of How We See
1. We don’t go in order
2. We see first what stands out
3. We see only a few things at once
4. We seek meaning and make connections 5. We rely on conventions and metaphors

We seek meaning and make connections

Understand the Science of How We See
1. We don’t go in order
2. We see first what stands out
3. We see only a few things at once
4. We seek meaning and make connections 5. We rely on conventions and metaphors

We rely on conventions and metaphors

A simple approach to build a Good Chart
Understand
Present Create Refine and

Consider two questions before create visualization…
• Is the information conceptual or data- driven?
• Am I declaring something or exploring something?

Conceptual or data-driven ?

Declarative or exploratory ?

A Typology for Chart Making

Idea illustration

Idea illustration: Example

Idea generation

Idea generation: Example

Visual discovery

Visual discovery

Everyday dataviz

Everyday dataviz

The Four Types…

How to Select the Right Type of Charts?

Questions?

Demo with SAS Viya for Learners

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