What is Data Analysis?
Data analysis is a process of examining, cleaning, transforming and modeling data with the aim of finding useful information, informing conclusions and supporting decision making. Data analysis itself has many facets and approaches that cover a variety of techniques under different names, and are used in different business, science and social science domains. In today’s business world, data analysis plays a role in making more scientific decisions and helping businesses operate more effectively because data is more accurate and real-time. Data mining is a specific data analysis technique that focuses on statistical modeling and knowledge discovery for predictive purposes rather … Read more