Flowchart
Big Data Fase 2
Flowchart content
Business Analytics
what is it?
The process of using data analysis to inform business decisions.
Components
Descriptive Analytics
Predictive Analytics
Prescriptive Analytics
Analyzing past data to understand trends
Using statistical models to forecast future outcomes
Recommending actions based on data analysis.
Applications
Customer segmentation
Market trend analysis
Performance optimization
Data and Statistical Methods
what is it?
Techniques used to collect, analyze, interpret, and present data
Key Methods
Descriptive Statistics
Inferential Statistics
Regression Analysis
Summarizing data sets (mean, median, mode).
Making predictions or inferences about a population based on a sample.
Understanding relationships between variables.
Importance
Data-driven decision making
Identifying patterns and correlations
Enhancing business intelligence
Information
- Description
- Flowchart on Big Data Fase 2, created by Brayan Barragan on 25/09/2024.
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- Brayan Barragan
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