What Is Data Analysis?
Data analysis refers to the use of data to guide decision-making in a Business. This is achieved by sorting, structuring, and converting data to derive useful information with relevance to business functions.
Data Analysis is the system of systematically making use of statistical and/or logical strategies to describe and illustrate, condense and recap, and consider data.
Data analysis is the science of examining data to conclude the information to make decisions or expand knowledge on various subjects. It consists of subjecting data to operations. This process happens to obtain precise conclusions to help us achieve our goals, such as operations that cannot be previously defined since data collection may reveal specific difficulties.
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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