Data Analyst GPT is an exciting tool in ChatGPT that assists you with data-related tasks. It’s like having a knowledgeable friend who can handle your data jobs for you. This tool allows you to upload files such as spreadsheets, code, or photos and have ChatGPT do something with them.
Note that you can use this GPT Bot only with the paid version of Open Ai’s Chat GPT.
What can the Data Analyst GPT do for entrepreneurs and small business owners
The boring statistics and long datasets are no longer a barrier! With this GPT bot you can be your own data expert and quickly analyze loads of data sheets to optimize decision making based on data. Here are a few tasks that Data Analyst GPT can help you with:
- Generate findings
- Provide recommendations based on marketing objectives and decision-making (resource allocation, budget cuts, etc.)
- Project planning for your finances or administration needs
- Generating Code Snippets for Excel sheets,Python, R, and SQL to create new columns or produce codes that are used elsewhere
- Exploratory Data Analysis (EDA) by providing summaries, visualizations, and insights from large datasets.
- Predictive Analytics to create forecasts, optimize your internal models for data analysis, or discover new trends and correlations
- Data visualization with the help of Whimsical Ai plugin
- Analyze customer feedback from large datasets
- Analyze sentiment from various files
How to use Data Analyst GPT
Our friends from Aleph Website allowed us to use their guide to help entrepreneurs and small business owners use the Data Analyst GPT.
After you have subscribed to Chat GPT 4, you can use the Data Analyst GPT.
So let’s learn from the following example:
1. Upload your Excel file
Upload the file in the following section of the Data Analyst GPT:
Here’s an opener prompt after loading your spreadsheet:
2. Ask for general findings
After uploading your file and prompting the GPT, it will run the analysis and generate the following output:
It goes on to provide effectiveness insights:
3. Follow up with a specific recommendation ask
To follow up on these general findings, you want to describe your objective and list the monetary resources available, then ask the Data Analyst GPT to produce a marketing plan for you. For example:
This is the reason used in answering this question:
As listed by the GPT, the following is the recommended allocation plan:
4. Refine your prompt to get the most out of Data Analyst GPT
While it is truly balanced and the GPT’s recommendation is not wrong, we still want to diversify, and hone in on a specific channel:
Given the new direction, Data Analyst answers:
Conducting these calculations has led to the following budget distribution:
This is now much better. We’re spending more on field and social, while organic and paid are taking the backseat – however, we’re not cutting off spending as we understand that a balanced investment portfolio is always better than a siloed approach.
More Ai tools for data analysis
Learn more about data analysis with ai tools from our step by step guide on how to conduct the data analysis process from research to conclusion and recommendations:
