BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Data
|
|
|
Analyze
|
|
|
Generate Reports
|
|
|
Smarter Decisions
|
Detailed explanation-1: -The process of data analysis, or alternately, data analysis steps, involves gathering all the information, processing it, exploring the data, and using it to find patterns and other insights.
Detailed explanation-2: -Data analysts use regression models to examine relationships between variables. Regression models are often used by organizations to determine which independent variables hold the most influence over dependent variables-information that can be leveraged to make essential business decisions.
Detailed explanation-3: -The two primary methods for data analysis are qualitative data analysis techniques and quantitative data analysis techniques. These data analysis techniques can be used independently or in combination with the other to help business leaders and decision-makers acquire business insights from different data types.