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  2. Analytical skill - Wikipedia

    en.wikipedia.org/wiki/Analytical_skill

    It is a tool to discover and decipher useful information for business decision-making. It is imperative in inferring information from data and adhering to a conclusion or decision from that data. Data analysis can stem from past or future data. Data analysis is an analytical skill, commonly adopted in business, as it allows organisations to ...

  3. Data analysis - Wikipedia

    en.wikipedia.org/wiki/Data_analysis

    Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. [2] In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. [3]

  4. Data literacy - Wikipedia

    en.wikipedia.org/wiki/Data_literacy

    Data literacy is the ability to read, understand, create, and communicate data as information. Much like literacy as a general concept, data literacy focuses on the competencies involved in working with data. [1] It is, however, not similar to the ability to read text since it requires certain skills involving reading and understanding data. [2]

  5. Business analytics - Wikipedia

    en.wikipedia.org/wiki/Business_analytics

    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.

  6. Analytics - Wikipedia

    en.wikipedia.org/wiki/Analytics

    Data analysis focuses on the process of examining past data through business understanding, data understanding, data preparation, modeling and evaluation, and deployment. [8] It is a subset of data analytics, which takes multiple data analysis processes to focus on why an event happened and what may happen in the future based on the previous data.

  7. Business analyst - Wikipedia

    en.wikipedia.org/wiki/Business_analyst

    The business analyst role is an overlap of these two professions, and therefore the business analyst plays an essential role in communication and understanding between these two groups. [ 14 ] [ 15 ] Requirements elicitation - this refers to "analyzing and gathering the needs of both computer-based systems as well as the business". [ 14 ]

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  9. Analytic reasoning - Wikipedia

    en.wikipedia.org/wiki/Analytic_reasoning

    Analytic reasoning is used by businesses to assess the patterns of change in their market, employees ideally being able to recognize this statistic through raw data. [4] Basically, having good analytic reasoning is the ability to recognize trends and patterns after considering data.

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