What is data analysis?
Data analysis, is a process for obtaining raw data, and subsequently converting it into information useful for decision-making by users. Data, is collected and analyzed to answer questions, test hypotheses, or disprove theories.
What is data analysis and examples?
The purpose of Data Analysis is to extract useful information from data and taking the decision based upon the data analysis. A simple example of Data analysis is whenever we take any decision in our day-to-day life is by thinking about what happened last time or what will happen by choosing that particular decision.
What are types of data analysis?
In data analytics and data science, there are four main types of data analysis: Descriptive, diagnostic, predictive, and prescriptive.