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Unlocking the Power of Data Modelling for Data Analysis

TrentDoesMath 2,547 7 months ago
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Try CodeCrafters for free using my referral link: https://app.codecrafters.io/join?via=trentpark8800 In this video, we delve into the importance of Analytical Data Modeling in the realms of Business Intelligence (BI) and Data Science. Discover how Dimensional Modeling serves as a foundational principle in data warehousing, enabling organizations to effectively analyze complex datasets and make informed decisions. We will cover key concepts such as: - Why do we need analytical data modeling? - Why can't we just use 3NF modeling? - The role of fact and dimension tables in data warehousing - How Dimensional Modelling enhances data retrieval for reporting Whether you're a data professional, a business analyst, or just curious about how data works, this video will provide you with valuable insights into why analytical modeling is crucial for successful BI strategies and effective data science initiatives. Don't forget to like, subscribe, and hit the notification bell for more content on data science, engineering and analysis! 📖 CHAPTERS: 00:00 - Intro 01:03 - Why is Data Analysis Important? 02:31 - Evolution of Databases 06:42 - OLTP vs OLAP 08:48 - Third Normal Form Databases 19:36 - Dimensional Modeling 30:12 - Slowly Changing Dimensions 33:50 - Querying our Analytical Database 35:57 - Moving from Transactional to Analytical 40:14 - Other Analytical Models 42:54 - Summary 43:56 - Outro and Thanks! 🔗LINKS: - Internet Minute Picture Credit - https://ediscoverytoday.com/wp-content/uploads/2021/04/2021InternetMinute.png - Data Warehousing Toolkit by Ralph Kimball (Affiliate Link) - https://amzn.to/3Zz2smE 💵SUPPORT THE CHANNEL - Become a channel member: https://www.youtube.com/channel/UCY5ZuZAWVUBzkDXQr5b84sQ/join - Direct, once off transfers: https://www.paypal.com/paypalme/trentdoesmath

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