Data Analysis Concepts

Skibidi, my goon friends, let us dive into the dank world of data analysis! We collect a dataset, and each element is like a toilet waiting to be explored. Variables are the characteristics we lowkey care about. Observations are the sigma moments tied to each element. We can use cross-sectional data for a snapshot or time series for the long game, while panel data is the ultimate ship of methods. Descriptive stats help us count and describe our data, while predictive analytics takes us to the edge of future trends. Excel is our trusty tool for this journey, with functions like average and median guiding our way through the variety of data forms.