What are Flat Files? Flat files are common type of data source that can be used for ETL or extract, load, and transform in Power BI. Examples of flat files include CSV, TXT, and Microsoft Excel files. In Power BI, datasets and data sources are important terms and you must understand the differences between the two. A dataset is what you get when you use the Get Data feature to bring in data from a file, template app, or live source. It includes information about the data source, credentials, and a portion of the data itself. When you create reports and dashboards, you review the data from the dataset. However, the data in dataset comes from a data source. A data source can be an online service, a cloud database, or a local file or server. So, to put it simply, a dataset is like a container that holds some of the data from a data source. The data source where the data comes from. An example of a data source could be a cloud database like A...
The data analysis process 1- Prepare the data 2- Model 3- Analyze - Descriptive Analysis: Describe what the data looks like in its basic form. - Exploratory Analysis: Dig deeper to try and find interesting patterns or relationships between different parts of the data. - Inferential Analysis: Use available data to make guesses or predictons about things outside the data. - Predictive Analysis: Use statistics to predict what might happen in the future based on what's happened in the past. 4- Visualize 5- Manage Gathering the right data 1- Identify the Analysis Purpose for example: Drive product development 2- Type of Data for example: Market trends data Competitor data Sales Data 3- Scope of Data For example: Dates: last 5 years ...