Questions and Answers
What is the role of data scientists?
Identifying data-driven strategies to achieve company objectives
What is data-driven decision-making defined as?
Utilizing facts, metrics, and insights for strategic decisions aligned with goals
What is the process of data-driven decision-making?
Analyzing collected data through market research and drawing insights
Why is data-driven decision-making important?
Signup and view all the answers
How do data scientists contribute to achieving company objectives?
Signup and view all the answers
What are the key components that Data Science combines to derive meaningful insights?
Signup and view all the answers
In which stage of the data lifecycle is raw data transformed into a usable format for analysis?
Signup and view all the answers
What is the foundational basis of Data Science according to the text?
Signup and view all the answers
Which stage of the data lifecycle involves processes that attempt to glean meaningful insights from raw data?
Signup and view all the answers
What does data visualization refer to in the context of Data Science?
Signup and view all the answers
