BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Once the trends in data are identified, the next step is to put the data to work and build a model that will help with the given application or help solve a business problem. A vast number of statistical models are available that can be used, and new models are being developed every day.
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Model Building
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Results
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Put Into Use
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Data Preparation
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Explanation:
Detailed explanation-1: -The career path of a Data Analyst typically starts with an Analyst 1 position, and then progresses to Analyst II, Senior Analyst, and then Data Scientist or even Chief Technology Officer. So if you pursue a career in data analysis, you have a long future of steady job growth ahead.
Detailed explanation-2: -Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning.
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