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Chapter 3

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0% found this document useful (0 votes)
4 views59 pages

Chapter 3

data analyst

Uploaded by

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

Types of reports

D ATA C O M M U N I C AT I O N C O N C E P T S

Hadrien Lacroix
Curriculum Manager
Presentation strategy

DATA COMMUNICATION CONCEPTS


Chapter 3

How to structure a written report?

Types of reports
Reproducibility

Write precise and clear reports

DATA COMMUNICATION CONCEPTS


Written reports

Explain data analysis project


Sentiment analysis on product reviews

DATA COMMUNICATION CONCEPTS


Written reports

Explain data analysis project


Sentiment analysis on product reviews

Communicate findings
30% negative ratings for delayed shipping

Predict ratings with 90% accuracy

Standards

DATA COMMUNICATION CONCEPTS


Written reports

Explain data analysis project


Sentiment analysis on product reviews

Communicate findings
30% negative ratings for delayed shipping

Predict ratings with 90% accuracy

Standards

Give recommendations to drive change

DATA COMMUNICATION CONCEPTS


Types of reports

Informational Analytical

Factual information Analysis (relationships/recommendations)

Short Varies (short or long)

Not strict structure Strict structure

Inform about facts Data-driven decisions

DATA COMMUNICATION CONCEPTS


Final report
Elements

Data analysis

Findings and results


Visuals

Format

Long

Audience

Details

DATA COMMUNICATION CONCEPTS


Summary report
Elements

Key findings and recommendations

Visuals
Format

Short (< 5 pages)

Summary of final report

Link to main document

Audience

No need for details

DATA COMMUNICATION CONCEPTS


Report structure
Introduction
Purpose
Analysis of the product reviews gathered from website

Rating prediction based on review

Contextual information
Increase in negative reviews

Question of analysis
Factor affecting bad user experience

DATA COMMUNICATION CONCEPTS


Report structure
Introduction
Body
Data
Description and tables

Methods
NLP and Random Forest

Analysis
Visuals
Graphs with most common words

Results
Description and visuals
30% negative ratings associated with words "delayed" and "shipping".

DATA COMMUNICATION CONCEPTS


Report structure
Introduction
Body
Data

Methods

Analysis

Results

Conclusions
Restate question

Summarize important results

Add recommendations

DATA COMMUNICATION CONCEPTS


Report structure
Business context
1-3-25
1 page of abstract

≤ 3 pages of executive summary

≤ 25 pages of detail

DATA COMMUNICATION CONCEPTS


Audience

People with little time


Introduction

Conclusion

Scan body

DATA COMMUNICATION CONCEPTS


Audience

Customer or internal collaborator

Executive team
Scan introduction and conclusions

Recommendations

DATA COMMUNICATION CONCEPTS


Audience

Customer or internal collaborator

Executive team
Technical stakeholder
Body

DATA COMMUNICATION CONCEPTS


Let's practice!
D ATA C O M M U N I C AT I O N C O N C E P T S
Reproducibility and
references
D ATA C O M M U N I C AT I O N C O N C E P T S

Hadrien Lacroix
Curriculum Manager
Written report

A report must be clear and reproducible.

DATA COMMUNICATION CONCEPTS


Reproducibility example

Baking a cake
Recipe

Raw ingredients

Our oven and kitchen measuring gadgets

Cake with a similar flavor

Data project
Run analysis again - same results

DATA COMMUNICATION CONCEPTS


Replicability example
Baking a cake
Own utensils

Own ingredients

Data project
Different environment

DATA COMMUNICATION CONCEPTS


Reproducibility and replicability virtues

Prevents duplication of effort

Build upon pre-existing work


Focus on new challenges

Peer review

Tool agnostic

DATA COMMUNICATION CONCEPTS


Best practices
1. Keep track of how results were produced
Well document scripts
Comments in code

List packages and environment used

Version control

DATA COMMUNICATION CONCEPTS


Best practices
1. Keep track of how results were produced
2. Avoid manual data manipulation
Data versioning

Store raw data and intermediate steps

Adapt and resolve problems

Example: data imputation


impute missing values with the mean

save and close editor

how to know which values were replaced in the first place?

DATA COMMUNICATION CONCEPTS


Best practices
1. Keep track of how results were produced
2. Avoid manual data manipulation

3. Control randomness
Random seeds for ML pipelines

Controls confounding variables

DATA COMMUNICATION CONCEPTS


Best practices
1. Keep track of how results were produced
2. Avoid manual data manipulation

3. Document randomness

4. Interpretability
Understand the cause of a decision or predict model results

Story with compelling narrative

Link with reproducibility

1 Molnar C. Interpretable Machine Learning. 2019.

DATA COMMUNICATION CONCEPTS


Best practices
1. Keep track of how results were produced
2. Avoid manual data manipulation

3. Document randomness

4. Interpretability

5. Cite bibliography correctly

DATA COMMUNICATION CONCEPTS


References

A citation is the basic information required to identify and locate a specific publication

DATA COMMUNICATION CONCEPTS


References

Different styles but same underlying logic


Book: Author Name (Year). Title. Publisher.
Journal Article: Author Name. (Year) 'Article Title.' Journal Title, Volume Number, Issue
Number, Page Numbers.

Website: Author Name. Date of Publication, 'Title of Page/Work.' Title of Website, Location

APA style:
In text citations (author, date)

DATA COMMUNICATION CONCEPTS


Reference
Reference management tools
Easier to keep track

Change between styles

Search for reference online

Options:
EndNote

Mendeley

RefWorks

DATA COMMUNICATION CONCEPTS


References
Business context
Less strict

Simpler (hyperlink)

==> information available and retrievable

DATA COMMUNICATION CONCEPTS


Let's practice!
D ATA C O M M U N I C AT I O N C O N C E P T S
Write precise and
clear reports
D ATA C O M M U N I C AT I O N C O N C E P T S

Hadrien Lacroix
Curriculum Manager
Written report

A report must be clear and reproducible.

DATA COMMUNICATION CONCEPTS


Write precise and clear reports

Concise

Precise
Avoid misleading and confusion

Meaningful message

1 Nolan D, Stoudt S. Communicating with Data. OUP Oxford. 2021.

DATA COMMUNICATION CONCEPTS


Empty phrases
Contain no information
It is interesting to note that

The fact that

It should be pointed out that

It is well known that

It is obvious that

1 Nolan D, Stoudt S. Communicating with Data. OUP Oxford. 2021.

DATA COMMUNICATION CONCEPTS


Empty phrases
Contain no information
Distracting

==> should be removed

1 Nolan D, Stoudt S. Communicating with Data. OUP Oxford. 2021.

DATA COMMUNICATION CONCEPTS


Empty phrases
Negative ratings are associated with the Another important point is the fact that
words "delayed" and "shipping" negative ratings were associated with the
words "delayed" and "shipping"

1 Nolan D, Stoudt S. Communicating with Data. OUP Oxford. 2021.

DATA COMMUNICATION CONCEPTS


Concrete nouns
Write concrete nouns
Avoid "this", "that", "it"
Adds cognitive load

Distracts them from insights

1 Nolan D, Stoudt S. Communicating with Data. OUP Oxford. 2021.

DATA COMMUNICATION CONCEPTS


Concrete nouns
This shows an accuracy of 80% when The model shows an accuracy of 80% when
predicting customer churn. predicting customer churn.

1 Nolan D, Stoudt S. Communicating with Data. OUP Oxford. 2021.

DATA COMMUNICATION CONCEPTS


More pronouns
Active voice: emphasis on the author
Passive voice: stuffy and hard to read

Academic vs business context

1 Nolan D, Stoudt S. Communicating with Data. OUP Oxford. 2021.

DATA COMMUNICATION CONCEPTS


Redundant adjectives and adverbs
Phrases that say the same thing twice
Introduce a new

Done previously

Eliminate redundant adjective and adverbs

1 Nolan D, Stoudt S. Communicating with Data. OUP Oxford. 2021.

DATA COMMUNICATION CONCEPTS


Run-on sentences
Two or more independent clauses connected incorrectly
There is a correlation between delayed shipping and customer rating, the shipping delay
is the cause for negative review.

Correction
Make two sentences

Use dependent clause

DATA COMMUNICATION CONCEPTS


Let's practice!
D ATA C O M M U N I C AT I O N C O N C E P T S
Case study: report
on credit risk
D ATA C O M M U N I C AT I O N C O N C E P T S

Hadrien Lacroix
Curriculum Manager
Credit risk
Credit risk: probability of defaulting
Loanme bank wants to predict if a customer is likely to default

Raw data available

Data Exploration Analysis

Model training and evaluation

DATA COMMUNICATION CONCEPTS


Audience
Non-technical stakeholders

Bank decision-makers

DATA COMMUNICATION CONCEPTS


Story

Background:
Increase in defaulting percentage over last 5 years.

Predicting which customers had a high probability of default.

Insight: People with more unemployment periods tends to default more

Insight: People with lower income tend to default more


Climax: Possible to predict which people is more likely to default with an accuracy of 95%

Next steps: Run a trial on a control population

DATA COMMUNICATION CONCEPTS


Tech or non-tech

Translate technical results

DATA COMMUNICATION CONCEPTS


The right data

Audience persona
Role: Financing Department Director

Interest: Decision on implementing an automated loan rejection system

Appropriate data:
Relationship between age or income and loan default

Percentage customer defaulting over the next months

DATA COMMUNICATION CONCEPTS


Statistics

Median age and income

Percentage of change

DATA COMMUNICATION CONCEPTS


Visuals

Boxplot with age vs. default condition

DATA COMMUNICATION CONCEPTS


Visuals

Boxplot with age vs. default condition

Lineplot with % change defaulting customers

DATA COMMUNICATION CONCEPTS


Correct format

Who? Financial Department director

Why? Important decisions ahead

Content: Key findings and recommendations

Channel: Send the results before the meeting

DATA COMMUNICATION CONCEPTS


Report
Written report
Summary report or final report?

DATA COMMUNICATION CONCEPTS


Report
Summary report
Informational report vs. analytical report?

DATA COMMUNICATION CONCEPTS


Report
Summary report
Analytical report

DATA COMMUNICATION CONCEPTS


Summary report structure
Introduction
Purpose

Contextual information

Question of analysis

Body
Data

Results: Key findings

Conclusions
Restate question

Central insight
Add recommendations

DATA COMMUNICATION CONCEPTS


Let's practice!
D ATA C O M M U N I C AT I O N C O N C E P T S

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