Today we are talking about the types of data analytics. Watch this video till the end to find out the list of tools used by Jelvix data scientists.
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▶ About this video:
Before we’ll talk about the types of data analytics, let’s have a look at its stages. There are three of them, such as:
Dividing an array of data into subsets,
Making conclusions of a certain nature from it and
Transforming by a specific model.
Analytics allows getting answers to questions arising in various industries. As an example… If a data analyst analyzes a company’s financial data, they can answer the following questions:
What has changed in the company’s activities or the external environment?
Which areas generate the most profit?
What actions should be taken to increase profitability? And
How to make the company more competitive?
Our experts have years of experience in this field which we are excited to share with you.
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