Roles and Importance of Data Science
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Roles and Importance of Data Science

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Questions and Answers

What is the main role of data science as described in the text?

  • Analyzing data only
  • Turning data into a business advantage (correct)
  • Building intelligence ability in machines
  • Preventing fraud

    • How can data science help in detecting fraud?

  • By using advanced machine learning algorithms (correct)
  • By recommending products to customers
  • By building intelligence ability in machines
  • By performing sentiment analysis

    • What is a key benefit of data science mentioned in the text?

  • Improving communication skills
  • Preventing monetary losses (correct)
  • Reducing operational costs
  • Enhancing customer brand loyalty

    • In what way can data science help in making better and faster decisions?

    <p>Extracting insights from vast amounts of data</p> Signup and view all the answers

    Which aspect of customer interaction can data science assist with, according to the text?

    <p>Enhancing brand loyalty</p> Signup and view all the answers

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