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Fundamental of Analytics: CSSELEC3/CS0009

This document outlines a lab assignment on analytics in practice and basic spreadsheet modeling. The objectives are for students to understand analytics concepts and applications, identify business questions, and learn basic Excel functions. Students are instructed to research analytics types and data sources, analyze an organization's data uses, and complete exercises in Excel files on wages, bakery supplies, and customer predictions. Performance will be assessed based on accuracy, completeness, timeliness, and analysis of the solutions.

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624 views

Fundamental of Analytics: CSSELEC3/CS0009

This document outlines a lab assignment on analytics in practice and basic spreadsheet modeling. The objectives are for students to understand analytics concepts and applications, identify business questions, and learn basic Excel functions. Students are instructed to research analytics types and data sources, analyze an organization's data uses, and complete exercises in Excel files on wages, bakery supplies, and customer predictions. Performance will be assessed based on accuracy, completeness, timeliness, and analysis of the solutions.

Uploaded by

Kamote Gaming
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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CSSELEC3/CS0009

FUNDAMENTAL OF ANALYTICS

LAB SUMMATIVE

1
ANALYTICS IN PRATICE AND BASIC
SPREADSHEET MODELING

Gian Karlo S. Cunanan Jojit C. Alcalde


24/05/2021 24/05/2021
I. OBJECTIVES

At the end of this exercise, students must be able to:


 Understand the definition and concepts of analytics
 Identify and understand the different kinds of questions that analytics could
answer
 Learn and describe the different practices on analytics
 Identify the different business users and their challenges
 Identify the different trends in business analytics
 Identify the different applications of analytics
 Understand the definition and concepts of analytics
 Learn how to compute basic problems in Microsoft Excel
 Identify the steps in simple customer prediction problems
 Learn how to compute for the cost

II. BACKGROUND INFORMATION

The three dominant types of analytics –Descriptive, Predictive and Prescriptive analytics, are
interrelated solutions helping companies make the most out of the big data that they have. Each
of these analytic types offers a different insight.

Analytics is to utilize data-driven approaches to enable software practitioners to perform data


exploration and analysis in order to obtain insightful and actionable information for completing
various tasks around software systems, software users, and software development process.

None of us can paint a masterpiece like Van Gogh’s Starry Night, but if we master Excel we can
start with a blank spreadsheet and create our own masterpiece that enables us to model virtually
any situation. For many people, the barrier to entry in becoming proficient at Excel is in
understanding how Excel formulas work. In this chapter, we will develop several simple
spreadsheet models that should get you ready to master the complexities of Excel.

III. INSTRUCTIONS

A. Perform a simple research and prepare a Powerpoint presentation for the following:

 A good analytics project starts with asking the right business questions. Consider a
business organization, probably the one for which you are working, and state
business questions whose answers can help improve organizational performance.
Then, focusing on a specific business function (such as marketing, operations,
finance, accounting, human resources, etc.), explore the sources of data that can be
used to answer these questions and discuss the potential use of such data for decision
making.
 Select an organization (such as Walmart, Amazon, your favorite restaurant, or even
the one you work for) and discuss what type of information this organization might
store and how data scientists can use that information for descriptive, predictive, and
prescriptive purposes.
 Create a table with three columns respectively named Descriptive, Predictive,
and Prescriptive, and place each skill from the following list in the correct column:

- Association analysis
- Causal relationships
- Cluster analysis
- Decision tree methods
- Frequency distributions
- Goal programming
- Histogram
- Integer programming
- Interquartile range
- Linear programming
- Logistic regression
- Mean
- Median
- Mode
- Multiple regressions
- Neural networks
- Nonlinear programming
- Optimization heuristics
- Range
- Sampling
- Sensitivity analysis
- Simulation modeling
- Standard deviation
- Stem and leaf diagram
- Text mining
- Time series
- Variance

B. Download the Wagetemp.xlsx, Bakerytemp.xlsx., and Customertemp.xlsx files.

1. Open Wagetemp.xlsx first and determine the following using SUM and AVERAGE
functions of Microsoft Excel:
 determine each of my employee’s weekly wages
 determine the average salary of all the employees
 determine the total hours spend of the employees
2. Open the Bakerytempl.xlsx and determine how much a bakery owes each supplier?

3. Open the Customertemp.xlsx and predict the number of customers a new health club
will have in 10 years.
4. Submit this document together with the three Excel files you used for this laboratory
exercises. (Do not zip, use the Add Files function instead)

IV. ASSESSMENT

Department Computer Science


Subject Code CSSELEC3/CS0009
Description Fundamentals of Analytics
Term/Academic Year 2

Topic Analytics in Practice,


Analytics as an Integral Part
of the Decision-Making
Ecosystem
Lab Activity No 1
Lab Activity Analytics in Practice and
Basic Spreadsheet Modeling
CLO 1, 2

Note: The following rubrics/metrics will be used to grade students’ output in the lab
exercise 1.

Criteria Description Score


Accuracy Made a thorough research in identifying the terms mentioned 40%
in this activity

Completeness All solutions are provided 30%

Timeliness Activity was submitted before the deadline 10%

Analysis of the Identifies the best solution for each problem 20%
issues
Total 100%

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