Data analysis involves creating new ways of modeling and understanding the unknown by using data .
What do mean by data analysis?
Data Analysis is that the process of systematically applying statistical and/or logical techniques to describe and illustrate, condense and recap, and evaluate data.
Why is data analysis important?
Data analytics is vital because it helps businesses optimize their performances. Implementing it into the business model means companies can help reduce costs by identifying more efficient ways of doing business and by storing large amounts of knowledge .
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