Podcast
Questions and Answers
What is the main goal of data analysis?
What is the main goal of data analysis?
- Exploring new features in the data
- Discovering useful information and supporting decision-making (correct)
- Focusing solely on statistical modeling
- Aggregating data for business intelligence
Which technique focuses on statistical modeling and predictive knowledge discovery?
Which technique focuses on statistical modeling and predictive knowledge discovery?
- Exploratory data analysis
- Data mining (correct)
- Confirmatory data analysis
- Descriptive statistics
What does business intelligence mainly focus on in data analysis?
What does business intelligence mainly focus on in data analysis?
- Aggregation of data (correct)
- Descriptive statistics
- Exploring new features in the data
- Predictive knowledge discovery
Which domain does data analysis NOT find application in?
Which domain does data analysis NOT find application in?
What are the three main divisions of statistical applications in data analysis?
What are the three main divisions of statistical applications in data analysis?
What is data analysis?
What is data analysis?
What is the focus of data mining?
What is the focus of data mining?
What does business intelligence mainly focus on?
What does business intelligence mainly focus on?
Which type of data analysis focuses on discovering new features?
Which type of data analysis focuses on discovering new features?
What is the goal of data analysis in today's business world?
What is the goal of data analysis in today's business world?
Flashcards
What is Data Analysis?
What is Data Analysis?
The process of inspecting, cleansing, transforming, and modeling data to discover useful information and insights.
Main Goal of Data Analysis
Main Goal of Data Analysis
Discovering useful information, drawing conclusions, and supporting decision-making.
Focus of Data Mining
Focus of Data Mining
Statistical modeling and predictive knowledge discovery.
Focus of Business Intelligence
Focus of Business Intelligence
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Focus of Exploratory Data Analysis (EDA)
Focus of Exploratory Data Analysis (EDA)
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Goal of Data Analysis in Business
Goal of Data Analysis in Business
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3 Main Divisions of Statistical Applications
3 Main Divisions of Statistical Applications
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