Data Analysis in a brief:
Pic: Data Analysis Is a process involves
- inspection
- Cleansing
- Transforming
- Modeling
Of data with a view to discover useful information, apprising conclusion, and supporting decision-making.
In recent day's business world, data analysis plays a vital role in making factual decisions more targeted and helping businesses operate better than before.
The process of data analysis:
Data analysis includes
- Data requirements.
- Data collection: Information technologist, traffic cameras, satellites, recording devices, interviews, downloads from online sources, or reading document
- Data processing: Placing data into column and row in table or use a data processing statistical software.
- Data cleaning: preventing and correcting error from data.
- Exploratory data analysis
- Modeling and algorithms: Mathematical formula or models may be applied.
- Data product: computer application that takes data inputs and generates outputs, feeding them back into the environment. Based on a model or algorithm. For example, an application that analyzes data about customer purchase history, and uses the results to recommend other purchases the customer might enjoy
- Communication
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