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Data Analytics

The science of analyzing raw data to make conclusions about that information.

Business Glossary provided by Plannit.ai
Data analytics involves examining data sets to conclude about the information they contain. Data analytic techniques enable you to take raw data and uncover patterns to extract valuable insights from it. It is used in many industries to allow companies and organizations to make better decisions as well as verify and disprove existing theories or models. The focus of data analytics lies in inference, which is the process of deriving conclusions that are solely based on what the researcher already knows.
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