12 Questions
What is data analytics?
The systematic science of examining raw data to draw conclusions
What is the significance of data analytics in contemporary business environments?
To reduce costs and drive informed decision-making
What can businesses gain by leveraging data analytics?
Identify inefficiencies and streamline operations to reduce costs
What is one of the benefits of data analytics?
Improved decision making
What can data analytics help businesses develop?
Targeted marketing campaigns
What can data analytics provide to businesses?
Valuable insights
What is the primary benefit of data analytics in business?
To reduce guesswork and uncertainty
What is the role of data analysts in a business?
To discover patterns in data and improve performance
Which type of data analytics is used to forecast future trends and outcomes?
Predictive Analytics
What is the main goal of prescriptive analytics?
To recommend actions or strategies
Which industry uses data analytics for conservation efforts and wildlife protection?
Environmental Protection
What is the main difference between quantitative and qualitative analysis?
Quantitative analysis focuses on numerical data, while qualitative analysis focuses on non-numerical data
Learn the basics of data analytics, its importance, and applications. Explore the role of a data analyst, methods, tools, and techniques in data analysis. Understand the process and key terminologies in data analytics.
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