Adding Google Analytics to your Drupal Site

I made a recent post on how to (easily) setup Google Webmaster Tools on your Drupal Website. I decided to write this because I could not find a solution after quickly searching the web.
On the other hand, it was very fast to find one solution to enable Google Analytics for Drupal. You will need the Google Analytics Drupal module to be installed on your system, but it pays the price. For a tutorial on the whole setup of this tool watch this screencast with a step-by-step guide.