Page 42 - newDATAmagazine® | 15>07>2022

VISUAL KNOWLEDGE

Data Analysis

«Data analysis is a process of
inspecting, cleansing, transforming, and
modelling data with the goal of
discovering useful information,
informing conclusions, and supporting

decision-making. Data analysis has
multiple facets and approaches,
encompassing diverse techniques under
a variety of names, and is used in
different business, science, and social
science domains. In today's business

world, data analysis plays a role in
making decisions more scientific and
helping businesses operate more
effectively.»

WIKIPEDIA | READ MORE

«The systematic application of statistical and logical
techniques to describe the data scope, modularize the
data structure, condense the data representation, illustrate
via images, tables, and graphs, and evaluate statistical
inclinations, probability data, and derive meaningful
conclusions [is] known as Data Analysis. These analytical

procedures enable us to induce the underlying inference
from data by eliminating the unnecessary chaos created
by its rest. Data generation is a continual process; this
makes data analysis a continuous, iterative process where
the collection and performing data analysis [occurs]

simultaneously. Ensuring data integrity is one of the
essential components of data analysis.»

HACKR.IO | READ MORE

newDATAmagazine.com