Public vs. Private Data Analysis Guide in Excel

Data can be classified into two types, depending upon its source:

1. Public data

2. Private data

A large amount of data collected by the government or other public agencies is made public for the purpose of research. Such data sets do not require special permission for access and are, therefore, called public data.

On the other hand, private data is data that is sensitive to organisations and is, thus, not available in the public domain. Banking, telecom, retail and media are some of the key private sectors that rely heavily on data to make decisions.

Let’s listen to Anand talk about these types of data sets and the ways to access them.

To summarise, there are two types of data: public and private; each comes with its own set of problems. Public data is not always relevant, and private data is not always easily available.

In the next lecture, you will learn about the various kinds of private data.

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