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Data analysisis the process of inspecting, cleansing, transforming, and modelingdatawith the goal of discovering useful information, informing conclusions, and supporting decision-making.[1] Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and ...
Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. [1] Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text ...
Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods .
Statistics is a mathematical body of science that pertains to the collection, analysis, interpretation or explanation, and presentation of data,[5]or as a branch of mathematics.[6] Some consider statistics to be a distinct mathematical sciencerather than a branch of mathematics. While many scientific investigations make use of data, statistics ...
Environmental statistics is the application of statistical methods to environmental science. Weather, climate, air and water quality are included, as are studies of plant and animal populations. Epidemiology is the study of factors affecting the health and illness of populations, and serves as the foundation and logic of interventions made in ...
High school. Business mathematics, sometimes called commercial math or consumer math, is a group of practical subjects used in commerce and everyday life. In schools, these subjects are often taught to students who are not planning a university education. In the United States, they are typically offered in high schools and in schools that grant ...
Statistics, in the modern sense of the word, began evolving in the 18th century in response to the novel needs of industrializing sovereign states. In early times, the meaning was restricted to information about states, particularly demographics such as population. This was later extended to include all collections of information of all types ...
t. e. Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. [1] More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." [2]