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Data Analysis: Making Sense of Data Date: Essential Question: What is data analysis? Questions:Notes: Statistics is the science of data. Every day, billions of pieces of data are collected by banks,
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Define the objective of the data analysis clearly.
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Collect relevant data from reliable sources.
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Clean the data by removing duplicates and addressing missing values.
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Analyze the data using statistical tools or software to uncover patterns.
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What is data analysis making sense?
Data analysis making sense refers to the process of interpreting and deriving meaningful insights from data, allowing organizations to make informed decisions based on that information.
Who is required to file data analysis making sense?
Individuals or entities that generate, manage, or need to report on data for decision-making purposes are typically required to conduct data analysis making sense.
How to fill out data analysis making sense?
To fill out data analysis making sense, one should gather relevant data, apply appropriate statistical or analytical methods, interpret the results, and present insights in a clear, structured format.
What is the purpose of data analysis making sense?
The purpose of data analysis making sense is to uncover insights from raw data, helping organizations to identify trends, make predictions, and drive strategy.
What information must be reported on data analysis making sense?
Information that must be reported typically includes data sources, methodologies used, key findings, insights derived, and recommendations based on the analysis.
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