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Data analysis is the process of inspecting, cleansing, transforming, and modeling data with 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 ...
Analytics. Analytics is the systematic computational analysis of data or statistics. [1] It is used for the discovery, interpretation, and communication of meaningful patterns in data, which also falls under and directly relates to the umbrella term, data science. [2] Analytics also entails applying data patterns toward effective decision-making.
Statistics (from German: Statistik, orig. "description of a state, a country" [1]) is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. [2] In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical ...
Exploratory data analysis is an analysis technique to analyze and investigate the data set and summarize the main characteristics of the dataset. Main advantage of EDA is providing the data visualization of data after conducting the analysis. Tukey's championing of EDA encouraged the development of statistical computing packages, especially S ...
t. e. Web analytics is the measurement, collection, analysis, and reporting of web data to understand and optimize web usage. [ 1 ] Web analytics is not just a process for measuring web traffic but can be used as a tool for business and market research and assess and improve website effectiveness.
Cluster analysis or clustering is the task of grouping a set of objects in such a way that objects in the same group (called a cluster) are more similar (in some specific sense defined by the analyst) to each other than to those in other groups (clusters). It is a main task of exploratory data analysis, and a common technique for statistical ...
v. t. e. Statistical inference is the process of using data analysis to infer properties of an underlying distribution of probability. [ 1 ]Inferential statistical analysis infers properties of a population, for example by testing hypotheses and deriving estimates. It is assumed that the observed data set is sampled from a larger population.
A data processing system is a combination of machines, people, and processes that for a set of inputs produces a defined set of outputs. The inputs and outputs are interpreted as data, facts, information etc. depending on the interpreter's relation to the system. A term commonly used synonymously with data or storage (codes) processing system ...
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