Understanding the basics of data visualization with python

Data visualization has become an increasingly important part of the data analysis process in recent years. Many analysts have found that a picture is worth a thousand words, and in this case, it just might be true. You could say that good data visualization can save even more than 1,000 words–it can save lives! Let’s explore some basics of making compelling visualizations with Python.

What is Data Visualization?

Data visualization represents data in a visual form. You can use visualizations to help people understand data more efficiently, ranging from simple graphs to complex infographics. Data visualization is an increasingly popular field with many practical applications. For example, you can use it for business intelligence gathering and analysis or education purposes. Some experts consider data visualization to be a vital part of the expanding field of big data.

Data types and how they get visualized?

There are many types of data, including categorical, univariate, multivariate normal, and so on. Data visualization methods vary depending on the type of data represented. For example, there are several other ways to express categorical data than with graphs.

Univariate data is usually best displayed in a simple bar graph or line graph. Categorical information is often best represented by a pie chart. Multivariate data can be shown in a radar graph or spider chart, while multivariate average data get visualized with a scatter plot.

How to use Python for data visualization?

Python is an easy-to-use programming language that You can use for data visualization. Many libraries, including matplotlib, make it possible to create visualizations without much technical knowledge.

You can even create interactive online visualizations using Python. For example, you can use Python to create visualizations for the Vega-Lite specification, which allows you to create interactive online data visualization. Due to its flexibility and ease of use, it has become one of the most popular languages for data science. It is perfect for working with large amounts of data because it can easily handle large lists or arrays.

Python-based data visualization libraries are beneficial because they typically allow for rapid prototyping of visualizations. It makes them an excellent choice for exploratory data analysis because you can quickly try out different algorithms and processes. The downside is that they can sometimes be challenging to use for more complex projects.

Explore and Learn Python with Imarticus Learning

Industry specialists created this postgraduate program to help the student understand real-world Data Science applications from the ground up and construct strong models to deliver relevant business insights and forecasts. This python tutorial is for recent graduates and early-career professionals (0-5 years) who want to further their careers in Data Science and Analytics, the most in-demand job skill.

Some course USP:

This Python for data science course for students is with placement assurance aid the students to learn job-relevant skills.

 

Impress employers & showcase skills with the certification in Python endorsed by India’s most prestigious academic collaborations.

World-Class Academic Professors to learn from through live online sessions and discussions.

The Future of Ecommerce in India

By Manish Kumar.
Ecommerce in India has been growing at a rapid pace and has given a new dimension to how the people shop in India. Statistics show that it will continue to grow; the growth rate one day will be more realistic and become stable eventually. It is very difficult to predict at this point in time when the growth rate would stabilize.
Currently, this growth rate is being accelerated using levers like deep product discounts, coupons, cash backs, etc. This model would slowly go down because companies one day have to focus on the bottom line and not just top lines for long run sustainability and profitability.
Besides that, big brick & mortar giants like Birla, Reliance, Tata, etc have launched, and are still launching, their ecommerce businesses to compete with pure-play tech driven giants like Amazon, Flipkart, Snapdeal, and other online shopping giants.

But the big question being, is this another bubble which is going to burst?
As per a recent survey by Deloitte’s state of media democracy only 15% of users who log into e-commerce websites in India actually end up buying something. The main problem e-commerce websites are facing in India is generating organic traffic.
India being a highly price sensitive market, customer retention is another major issue. A typical Indian user will visit all the possible e-commerce websites and end up buying from a source where he will be offered the lowest price and that is how some of the big price comparison websites make money.
Flipkart has been able to make quite some success when it comes to Indian space of e-tailing mainly because they have been able to offer products on a price much lesser than their competitors and brick and mortar stores. Amazon. In, of late has given a very stiff competition to other major players by providing great customer service.
Having said that, the winner in this segment is still decided by GMV (Gross Merchandize Value) and not the real profit on papers.
Imarticus Learning is an analytics and finance institute that have courses of those docip-thumbnail (1)mains. We have been ranked top 4 analytics institutes in the country. Imarticus even offers Python online course called Certification in Python. Python is a powerful open-source language that is extremely versatile and has the potential to build web applications and act as a data analytics tool, making it extremely useful for aspirants who wish to enter the E-Commerce arena.