Data (Analysis|Analyse|Analytics)
About
Data analysis is the process of:
finding the right data to answer a business question, understanding the processes underlying the data, discovering the important patterns in the data, and then communicating your results to have the biggest possible impact.
Analytical jobs extract information and insight from raw data.
Merge with … ???
Articles Related
Type
from the least to most complex, in terms of knowledge, costs, and time:
- Exploratory: first look of the data
- Descriptive. quantitatively describing the main features of a collection of data. Univariate and Bivariate are two types of statistical descriptive analyses.
- Inferential. Use a relatively small sample of data to say something about a bigger population.
- Predictive. Make predictions about future events based on current and historical facts.
- Causal. Find out what happens to one variable when you change another.
- Mechanistic. Understand the exact changes in variables that lead to changes in other variables.