Master the Art of Data Analysis
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Questions and Answers

Which of the following best describes data analysis?

  • The process of predicting future trends based on data
  • The process of collecting data for decision-making
  • The process of transforming data into useful information (correct)
  • The process of summarizing data for reporting purposes

    • What is the main focus of data mining?

  • Summarizing data for reporting purposes
  • Aggregating data for business purposes
  • Discovering new features in data (correct)
  • Describing data patterns and trends

    • Which type of data analysis focuses on business information and aggregation?

  • Confirmatory data analysis
  • Business intelligence (correct)
  • Exploratory data analysis
  • Descriptive statistics

    • What are the main components of data analysis?

    <p>Inspecting, transforming, modeling</p> Signup and view all the answers

    Which type of data analysis focuses on discovering new features?

    <p>Exploratory data analysis</p> Signup and view all the answers

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