People Analysis:
Utilizing material from the course and from personal experience, and using a publicly available data set, based on a series of hypotheses, you will theorize a series of statistical learning models to analyze a market population.
Instructions:
- Read through the resources below.
- Select a dataset from the many available datasets found online (here is a quick list of several very useful datasets: https://www.tableau.com/learn/articles/free-public-data-sets).
- After picking a public dataset look at what variables are available in the data.
- Explore how variables confound and interact with each other through exploratory analysis – you may use any data exploratory software like Excel, Tableau (free for students, see the links below), Python, etc.).
- Based on the exploratory analysis in the dataset, come up with 3 different questions, or hypothesizes, an organization you are familiar with may have concerning stakeholders the data examines – suggest what kind of statistical learning analysis might answer that question.
- Submit a short report concerning your insights and future questions about consumer to ask with the data.
Further Resources:
- Web article "Why you should apply analytics to your people strategy" https://www.mckinsey.com/business-functions/organization/our-insights/why-you-should-apply-analytics-to-your-people-strategy
- Website: "Tableau for Students" https://www.tableau.com/academic/students
- Web article: "How to Design Smart Business Experiments" https://hbr.org/2009/02/how-to-design-smart-business-experiments
- Web article: How to Learn Statistics for Data Science, The Self-Starter Way" https://elitedatascience.com/learn-statistics-for-data-science
References:
Davenport, T. H. (2009, February). How to Design Smart Business Experiments. Harvard Business Review. https://hbr.org/2009/02/how-to-design-smart-business-experiments.
How to Learn Statistics for Data Science, The Self-Starter Way. EliteDataScience. https://elitedatascience.com/learn-statistics-for-data-science.
Tableau for Students. Tableau Software. https://www.tableau.com/academic/students.
Why you should apply analytics to your people strategy. McKinsey & Company. (2019, April 26). https://www.mckinsey.com/business-functions/organization/our-insights/why-you-should-apply-analytics-to-your-people-strategy.