In data analytics, a p<u>opulation </u>refers to all possible data values in a certain dataset
Data analysis is a systematic computer-aided analysis of data or statistics. [1] It is used to discover, interpret, and convey meaningful patterns in the data. It also includes applying data patterns for effective decision-making.
It may be useful in areas where there is a lot of recorded information. The analysis relies on the simultaneous application of statistics, computer programming, and operations research to quantify performance.
Organizations can apply analytics to business data to describe, predict, and improve business performance. Areas within the analysis include descriptive analysis, diagnostic analysis, predictive analysis, prescriptive analysis, and cognitive analysis in particular. [2] Analysis can be applied in various fields such as marketing, management, finance, online systems, information security, and software services.
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