What are data analytics
Q: Data warehousing may be performed in a variety of ways. How am I to determine what they are?
A: A data warehouse's design is divided into three layers. The database server is the one at the…
Q: difference between data, information, and knowledge, and how do you differentiate between them
A: Data is facts or figures that have been obtained through experiments or surveys but in a very…
Q: What means "small data"?
A: Small data is data submitted in a volume and configuration which makes it informative, accessible,…
Q: how do data, information, and knowledge vary, and can you provide some instances of each?
A: There are many departments in an organization. They are human resources, finance, manufacturing,…
Q: Distinguish between primary and secondary data. Whenshould researchers collect each type of data?
A: The use of these two terms- Primary and Secondary data is seen the most in the field of research.…
Q: How do you collect the data for each of the data collection methods? Explain
A: Data collection targets a set of people to get their opinions, their preferences, choices commonly…
Q: Compare and contrast different approaches of gathering data.
A: The different approaches of gathering data is as follows: Questionnaire-In order to learn more…
Q: Identify 4 different types of data you see in your daily life. It could be in a form of a book, seen…
A: Data refers to the fuel that can drive a business to the right path or provide at-least actionable…
Q: Compose a short text about qualitative data analysis.
A: Data analysis is described as a process of processing raw data, changing and cleaning raw data,…
Q: Discuss Quantitative data collection methods and TWO main sources of such data
A: Customers are the king of market. The data provided by them can be used to study the needs, wants,…
Q: what are the most effective methods for exploring and preparing data?
A: Data Exploration or Exploratory data analysis (EDA) delivers a simple set of exploration tools that…
Q: Why is it important to be consistent in how you enter data for your study? And why should you have a…
A: Data consistency means that data values are the same for all instances of an application.
Q: How is Data different from Information?
A: Business research signifies the evaluation process that requires various stages to be performed,…
Q: Give a few insights on data collection
A: Data collection can be termed as the system of collecting, estimating and discovering exact…
Q: What is real time Data Warehousing?
A: Real-time data-warehousing is the combination of real-time activity and data warehousing. It…
Q: Which solution may best help the company in analyzing the customers' data? *
A: Below is the solution to the question.
Q: What does corporate data modelling do, and how does it work, in this case?
A: The activity of creating a graphical model of the data to be used by an enterprise or company is…
Q: Explain the term Big data?
A: Big Data is the most hyped and most used term in toady's analytics industry. It has become the basis…
Q: what kinds of data from existing studies does Porter suggest being gathered
A: The most popular techniques of doing competitive business intelligence all have one thing in common,…
Q: Who uses the data and how is data used?
A: Data management aims to limit the risk of errors by defining protocols and standards for data…
Q: What are the main methods to collect primary data?
A: Data collection is a process of collecting, measuring the information of the interested variable.…
Q: the next logical step in any
A: Predictive analytics employs data mining, statistical modelling, and machine learning to create…
Q: Why does it make sense to use more than one type of data collection methods?
A: Data collection means collecting data through questionnaires, interviews, emails in order to collect…
Q: What are the principal methods for collectingprimary data?
A: Primary data is information gathered directly from sources by researchers using methods such as…
Q: How do organization/business determine which data source best matches their needs?
A: There are two different data sources through which organizations determine the best data source that…
Q: Define Predictive analytics?
A: Analytics is the method that is used to predict the past, present and future upcoming for a company.…
Q: What are some ways that Business Analytics impacts Business Performance?
A: Business analytics can be outlined as the method of the breakdown of past info so future choices…
Q: This is pharmaceutical company. I want SWOT analysis
A: SWOT analysis assesses and identifies weaknesses, strengths, opportunities and well as thereat a…
Q: what is data analysis?
A: The research process can be defined as the process of choosing a problem, gathering information,…
Q: List and describe the stages involved in data analysis.
A: Below mentioned are the various importance of data analysis: 1. The first importance of data…
Q: What methodology does written surveys or telephone interviews use to predict?
A: The qualitative forecasting strategy utilizes master information to estimate the future interest in…
Q: Six factors are used to assess the quality of data.
A: Accuracy : Among marketers who purchase demographic data, 84% say that accuracy is vital to their…
Q: Discuss the following data collection methods: Describe the method's objective, benefits, and…
A: Data collection means collecting data from different data collection methods such as survey.
Q: Given the particular data collection strategy employed, can indexes/scales be used to measure…
A: Specifying whether constructs are one-dimensional or multidimensional is a critical option to make…
Q: What exactly is data warehousing? What are the benefits of data warehousing?
A: An Information Warehousing (DW) is process for gathering and overseeing information from changed…
Q: How is data warehousing related to business intelligence?
A: The relationship between data warehousing and business intelligence is explained below in the…
Q: How can customer analytics cann be used for improving retenstion rates ?
A: Retention rate can be stated as the percentage of individuals or customers who continue using the…
Q: What is meant by database?
A: Information is considered to be the most important weapon in this age. The person with the right…
Q: What are the characteristics of input data?
A: Input data refers to the data responsible for conducting processes.
Q: Methods of collecting data
A: Data collection or gathering is a methodical course of social affairs and investigating explicit…
What are data analytics
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Solved in 2 steps
- What is the role of Analytics?Differentiate descriptive analytics, prescriptive analytics and predictive analytics. give at least one specific example how are these examples of analytics are usedWhat is data modeling in the context of data warehousing, and how does it help in organizing and structuring data for analysis?