Summary

In this module, you learned about the emerging power of advanced analytics and discovered how the advanced analytics capabilities of Power BI can bring value the decision making and strategy formulation of your organization.

You enhanced the reports and dashboard to enable your organization to ask more questions and find more information that's specific to their teams and work contexts. You used Power BI to explore your data and create a statistical summary to find key takeaways and trends and identify outliers that might require immediate action. You conducted a time series analysis of your data to see how your data progressed over time so that you could make observations and forecast behavior.

Additionally, you used the Analyze feature to get Power BI to explain the increases and show you where the distribution was different in your data. You built upon the standard visuals in your report by adding custom visuals that helped you solve business problems and display data in more enhanced, animated ways. Then, you returned to Power BI to check for quick insights in your data to find more useful insights that you could add to your dashboards. Lastly, you used the grouping, binning, and clustering techniques to segment and present your data in different ways.

The advanced analytical techniques that you applied to your data enabled you to gain new insights from that data, and further scrutinize the data to uncover patterns, trends, and outliers that you didn't know existed. The results of your advanced analysis empower your organization to make more robust business decisions, plans, and forecasts.