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Data science is multifaceted and can be described as a science, a research paradigm, a research method, a discipline, a workflow, and a profession. [4] Data science is "a concept to unify statistics, data analysis, informatics, and their related methods" to "understand and analyze actual phenomena" with data. [5]
When Harvard Business Review called data scientist "The Sexiest Job of the 21st Century" the term became a buzzword, [4] and is now often applied to business analytics, or even arbitrary use of data, or used as a term for statistics. While many university programs now offer a data science degree, there exists no consensus on a definition or ...
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 .
Data science process flowchart from Doing Data Science, by Schutt & O'Neil (2013) Analysis refers to dividing a whole into its separate components for individual examination. [10] Data analysis is a process for obtaining raw data, and subsequently converting it into information useful for decision-making by users. [1]
A Master of Science in Business Analytics (MSBA) is an interdisciplinary STEM graduate professional degree that blends concepts from data science, computer science, statistics, business intelligence, and information theory geared towards commercial applications. Students generally come from a variety of backgrounds including computer science ...
The chief data officer title shares its abbreviation with the chief digital officer, but the two are not the same job.The chief data officer has a significant measure of business responsibility for determining what kinds of information the enterprise will choose to capture, retain and exploit and for what purposes. [3]
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