What does the term "data analytics" encompass? 🔊
Data analytics encompasses a range of techniques and tools used to analyze and interpret complex data sets, providing insights that inform decision-making. It includes data mining, statistical analysis, predictive modeling, and quantitative analysis. By extracting valuable information from raw data, organizations can identify trends, patterns, and correlations that can lead to better business strategies. Data analytics is vital in sectors like marketing, finance, and healthcare for optimizing operations and improving outcomes.
Equestions.com Team – Verified by subject-matter experts