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BIG DATA

Robin Sanchez Spanish

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Big Data
Data and Statistical Methods.
Business Analytics.
Set of mathematical tools and techniques used to collect, organize, analyze and interpret data. These methods allow you to extract valuable data, identify trends, patterns and relationships, and make predictions
Process of collecting, analyzing and transforming data to obtain information and make strategic decisions that improve the performance of an organization.
Benefits of integrating statistical and data methods into business analysis
More informed and strategic decision-making
Increase in sales and profitability
Improvement of efficiency and productivity
Cost reduction
Obtaining a competitive advantage
Applications of statistical and data methods in business analysis
Sales analysis
Risk analysis
Fraud analysis
Allows you to identify which products or services are most profitable, in which regions they are most sold and which factors influence customers' purchasing decisions
It allows identifying patterns that could indicate fraud in financial transactions.
It allows to evaluate the risk of future claims in an insurance company.
Robin Hawar Sánchez Jaramillo