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Fundamentals of Data Analysis

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Fundamentals of Data Analysis

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  1. FUNDAMENTALS OF DATA ANALYSIS

  2. WHAT IS DATA ANALYSIS? Data analysis is a process of shorting a large number of unstructured and unprocessed information to find out relevant outcomes. The insights gathered from these data are highly important and valuable for firms at the time of decision-making.

  3. WHAT IS THE PROCESS OF DATA ANALYSIS? The process of data analysis involves the following points. Data deployment Data exploration Data modelling Business understanding Data preparation Data evaluation

  4. DIFFERENT TYPES OF DATA ANALYSIS. There are different types of data analysis that researchers use for analysing different types of data. Descriptive analysis Predictive analysis Diagnostic analysis Perspective analysis

  5. CHARACTERISTICS OF DATA ANALYSIS. There are various characteristics of data analysis, a few of which are noted below. Programmatic analysis Attributes usage analysis Data-driven analysis Iterative analysis

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