Images

The data are the different verifiable facts recorded and utilized in the analysis process. Data is present in every industry. Nowadays, data is the lifeblood of business. And so, most firms rely on data insights to establish strategies. It is used to introduce new goods and services, or experiment with new ideas. Today, at least 2.5 quintillion bytes of data are generated each day, according to a report. Types of data are one of the main concepts in Data Science. Let’s discuss the types of data in detail in the blog.

Types of data

Types of data

It would be best if you played with or experimented with raw or structured data. Regardless of your career, whether you work as a data scientist, researcher.
Because this information is crucial to us, it must be handled and stored correctly. It is essential to understand the different types of data to process these data. Thus provide the desired outcomes.
Quantitative and qualitative data are the two types and It further divided into:

  •  Nominal data
  • Ordinal data
  • Discrete data
  • Continuous data

Qualitative Data

A limited number of discrete classes are used in qualitative data. It define the thing under study. It implies that this kind of data cannot be easily measured. And also, cannot be counted using numbers. But must instead be categorized. The gender of a person is a great illustration of this type of data (male, female, or other).

They are audio, visual, or text-based media. Another illustration is a smartphone manufacturer. It lists details such as the phone’s color, category, and more. All this data falls under the category of qualitative data. Under this, there are two subcategories: Nominal data and Ordinal data.

Nominal data

These values are the group that lacks a natural ordering. Let’s use some instances to grasp this better. Since we can’t compare one hue to another, a smartphone’s color can be considered a notional data type.

It is impossible to claim that “Red” is superior to “Blue.” Another aspect of a person’s identity that we cannot separate into male or female. Any mobile phone category, including entry-level, and luxury smartphones, is a nominal data type. ‘Statistics’ nominal data types cannot be quantified or measured. When performing qualitative Research, nominal statistics data are helpful. And so they give people more opportunities to express their opinions.

Images

Ordinal data

These values maintain their class of values while having a natural ordering. When comparing sizes of different clothing , we may organize them by their tags. It has the following hierarchy: small, medium, and Large. A+ is superior to a B grade in the grading method. It is used to mark candidates on an exam, which is an ordinal data type.

These categories assist us in determining which technique to use for a given data type. Translating qualitative input into numerical kinds is necessary. Because they cannot handle these values directly.

One-hot encoding, like binary coding, can be used for nominal data types. And so, with smaller numbers without comparison between the categories. Label encoding, a kind of integer encoding, can be used for ordinal data types.

Types of data

Difference between Nominal Data and Ordinal Data

Nominal Data Ordinal Data
Nominal data are not quantifiable and do not have any inherent ordering. Ordinal data exhibit some sequential order based on their scale positions.
Nominal data includes qualitative and category information. It argues that ordinal data sits “between” qualitative and quantitative data.
They offer no numeric value, and we cannot execute mathematical operations. They can assign numbers to ordinal data and give sequences but cannot execute mathematical operations.
Nominal data don’t compare with other nominal data. Ordinal data compare items by ranking or ordering them.
Examples include eye color, housing preference, gender, hair color, and ethnicity. Examples include financial situation, amount of client satisfaction, letter grades, etc.
Types of data Differences

Quantitative Data

This type attempts to quantify things. It does so by considering numerical quantities that lend the object to being countable. Quantitative data categories include the cost of a smartphone. Like any discounts available, the processor speed or RAM of a phone, and many more items.

And also, the crucial point is that a feature can have enduring values. For instance, the price of a smartphone can be any amount between a certain number and another, and it can also be further broken down into fractional quantities. They are divided into the following two types: Discrete and Continuous data.

Advanced Certificate Program in Data Science & AI by E&ICT Academy, IIT Guwahati

Henry Harvin Ranks#1 in the List of Top 5 Upskilling Courses in India to Make You Job Ready by India Today India Today and Tribune India. Check out for more details using this Pioneer Link

View Course

Discrete data

Integers or whole numbers are the kinds of numerical values. It come under this category. Some examples of the discrete data type are the number of speakers, cameras, and compatible SIM cards. Because the objects in discrete data have a set value, they don’t measure but can only give a number. The value must be entire and expressed as a decimal. Charts, such as bar charts, pie charts, and tally charts, are used to identify discrete data.

Continuous data

Fractional numbers are known as continuous quantities in mathematics. They include the CPU working frequency and the phone’s android version. And also Wi-Fi frequency, core temperature, and others.

Continuous data is broken down into smaller bits. They have any value, unlike discrete data types used in Research, which have a whole and fixed value. Examples of continuous value are temperature and a person’s weight. Graphs are used to display continuous types of statistical data. Thus they can show value fluctuations by the highs and lows of the line throughout time.

Types of data

Difference between Discrete Data and Continuous Data

Discrete Data Continuous Data
Discrete data are whole numbers or integers that can be counted and are finite. Continuous data are quantifiable and expressed as fractions or decimals.
Bar graphs are a typical representation of discrete data.  Continuous data use a histogram.
The values don’t break down into more discrete subdivisions. The values break down into smaller chunks using subdivisions.
There are gaps between the numbers in discrete data. A continuous series represents continuous data.
Examples include the total number of students in a class, the days of the week, the size of a shoe, etc. Examples include the room’s temperature, a person’s weight, an object’s length, etc.
Types of data Differences

Importance of Types of data

The quality of the information received is the focus of qualitative data. It also aids in understanding consumer behavior. 

This kind of statistical information allows accurate market analysis. Moreover, it adds value to services by incorporating important information. If used wisely, qualitative data from statistics can impact customer happiness.

But, the quantitative data types of numerical values that can be measured. And also it provides answers to questions like “how much,” “how many,” and “how many times.” Statistics’ data kinds have a specific numerical value. As a result, they can assist businesses in evaluating and forecasting future trends.

Career Options for Data Science Experts

The majority of businesses are using data analysis to expand. Also , major companies, like FMCG, logistics, and more, are in need of data scientists. It’s admirable that the five most famous corporations in the world. That is Google, Amazon, Apple, Microsoft, and Facebook. It use half of all data scientists worldwide.

Nonetheless, there are many career choices in data science. You can choose from various positions and career paths if you work in data science.

  • Data Scientists

A crucial responsibility of a data scientist is to convey the value of data. It should be in a way that is easy for others to understand.

  • Data Analyst

After a company sets the desired destination. A data analyst offers datasets to do the required goal.

  • Data Engineer

A database is created, managed, and designed by data Engineers. They are accountable for constructing data pipelines and facilitating proper data flow. It also guarantees that the data reaches the appropriate departments.

  • Business Intelligence Analyst

A business intelligence analyst aids in analyzing the data gathered. Thus to maximize the organization’s effectiveness, increasing revenues.

  • Marketing Analyst

They conduct analyses and recommend which products to drop. And which to produce in huge quantities. Monitoring customer satisfaction data enables the improvement of current goods and services.

  • Data Architect

A data architect designs, develops, and maintains a business’s data management systems.

Future scope for Data Science

Let’s explore a few factors that lead to the future of data science. It solidifies why it is essential for today’s business requirements.

Types of data

Failure of businesses to manage data

Companies and enterprises frequently gather data from customers and website visitors. The difficulty of analyzing and classifying the data that is gathered and stored is one that many companies encounter. When data handled effectively, companies can grow and become more productive.

Data science is a rapidly evolving field.

Professional fields that need more room for advancement risk becoming stagnant. The relevant areas must continuously change and evolve for chances to emerge and grow in the industry. Data science is a large field of study that is expanding, which means there will be plenty of options in the future.

The field of data science expects to become more specialized as job activities become more sophisticated. With these specifications, people who have an affinity for this stream can take advantage of their possibilities and pursue what best suits them.

A remarkable rise in data growth

Every day everyone produces data, perhaps without our knowledge. As time goes on, our daily interactions with data will only grow. Also, the volume of data generated globally will grow at breakneck speed. The need for data scientists to assist businesses in using and managing data will increase as data creation does.

Upgrading the blockchain with data science

The most well-known technology utilized in relation to cryptocurrencies like Bitcoin is known by the name of Blockchain. Data security will fulfill its purpose if the specific transactions are safeguarded and recorded. IoT will expand and become more well-known if big data thrives. Edge computing will be in charge of handling and resolving data problems.

Conclusion

We have covered the various data types and their distinctions in this post. Dealing with data is important because we must determine what kind of data it is. And how to use it to get valuable results. It is also crucial because it facilitates data analysis and visualization. 

Working with data requires strong data science abilities. And also a complete understanding of the various data types and how to interact with them.

Data is used in many fields, such as Research, analysis, statistical , and data science. This Data supports a company’s business analysis. Also included is the creation of effective data-driven decision-making processes. And also the formulation of strategies.

Suppose these data-driven subjects piqued your curiosity. You want to take professional courses or working in data science. Visit our website to browse the courses offered by professionals in the field.

Henry Harvin provides Data Science Courses by professionals. Enroll now to learn more about Data Science. Data Science Course Training

https://www.youtube.com/watch?v=KzdJ17IdRno

Henry Harvin

Henry Harvin is renowned for its high caliber and uniqueness. It started functioning in July 2013. They rank among India’s top 100 Ed-tech businesses and have a customer base in 97+ nations. You will receive a Hallmark Certification of Certified Data Scientist from them (CDS).

It offers one of Surat’s top data science programs. They enhance practical knowledge and professional credentials, which is essential. Their state-of-the-art tools, data, and technology helps to reshape. Thus how individuals and groups evolve across the globe. It is the best among the five Edtech companies in India, with the fastest growth.

Benefits of Data Science Course

  • You can select from a variety of career options with Henry Harvin.
  • You can use a variety of Data Science methods and abilities in general.
  • After that, test your understanding using the many tools that data scientists use.
  • You will know the procedures for solving a data science problem in either event.
  • Learn Python as well, as it supports data science right immediately.
  • You will get knowledge about how data scientists think and work.
  • Moreover, you will study relational database fundamentals and learn precisely how to write SQL queries for databases.
  • And also, You will soon import and clean data sets, analyze data, and generate and assess data models.
  • Nonetheless, use the tools, methods, and libraries for data visualization.
  • Use machine learning models and algorithms to deal with practical problems.

Recommended Reads

1. What is Data Science and its Career Path?

2. Types Of Jobs In Data Science in 2023 [Updated]

3. Data Science with Python Courses in India: 2023

4. Best 20 Data Science Course in India : 2023 [Updated]

5. Role of Data Science in Risk Management

6. Data Science Vs Machine Learning in 2023

FAQs

Q1. What is data?

Ans. Data are distinct pieces of verifiable facts.

 

Q2. What is data science?

Ans. The study of data to derive critical business insights is known as data science.

 

Q3. What is data cleansing?

Ans. Data cleaning removes incorrect, damaged, poorly structured, duplicate, or incomplete data from a dataset.

 

Q4. What are the top three data science concepts?

Ans. Machine Learning, Statistics, Databases

 

Q5. How four types of data related to data science?

Ans. Data Science is a vast topic. Four types of Data is an internal branch of data science.

 

Q6. What is called Machine Learning?

Ans. A technology that allows computers to learn autonomously from the past data.

 

Q7. What are the job roles in data science?

Ans. Data Analyst, Data Scientist, Data Engineer, and more.

E&ICT IIT Guwahati Best Data Science Program

Ranks Amongst Top #5 Upskilling Courses of all time in 2021 by India Today

View Course

Recommended videos for you

Join the Discussion

Interested in Henry Harvin Blog?
Get Course Membership Worth Rs 6000/-
For Free

Our Career Advisor will give you a call shortly

Someone from India

Just purchased a course

1 minutes ago
Henry Harvin Student's Reviews
Henry Harvin Reviews on Trustpilot | Henry Harvin Reviews on Ambitionbox |
Henry Harvin Reviews on Glassdoor| Henry Harvin Reviews on Coursereport