Data analysis is the process of evaluating data using analytical and statistical tools to discover useful information and aid in business decision making. There are a several data analysis methods including data mining, text analytics, business intelligence and data visualization. How Is Data Analysis Performed? Data analysis is a part of a larger process of deriving business intelligence. The process includes one or more of the following steps: Defining Objectives: Any study must begin with a set of clearly defined business objectives. Much of the decisions made in the rest of the process depends on how clearly the objectives of...
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