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Data analysis is a process for obtaining raw data, and subsequently converting it into information useful for decision-making by users. [1] Data is collected and analyzed to answer questions, test hypotheses, or disprove theories. [11] Statistician John Tukey, defined data analysis in 1961, as:
A data steward may share some responsibilities with a data custodian, such as the awareness, accessibility, release, appropriate use, security and management of data. [1] A data steward would also participate in the development and implementation of data assets.
Chief analytics officer (CAO) is a job title for the senior manager responsible for the analysis of data within an organization, such as a listed company or an educational institution. The CAO often reports to the chief executive officer .
For example, a data analyst might analyze sales data to identify trends in customer behavior and make recommendations for marketing strategies. [37] Data science, on the other hand, is a more complex and iterative process that involves working with larger, more complex datasets that often require advanced computational
Data analyst, retrieves, organizes and analyzes information from various sources to help an organization achieve business goals; Financial analyst, analyzes securities and business equity in economics and finance; Industry analyst, performs market research on segments of industries to identify trends in business and finance
Business analyst word cloud indicating some aspects of the business analyst profession (Flickr) A business analyst (BA) is a person who processes, interprets and documents business processes, products, services and software through analysis of data.
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