BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is Data Aggregation?
A
The process of gathering data and presenting it in a summarized format
B
Another name for Bad data
C
One of the many ways in which data is collected
Explanation: 

Detailed explanation-1: -Data aggregation is the process of collecting data to present it in summary form. This information is then used to conduct statistical analysis and can also help company executives make more informed decisions about marketing strategies, price settings, and structuring operations, among other things.

Detailed explanation-2: -Data aggregation is the process of summarizing a large pool of data for high level analysis. At its most basic level, it involves compiling information from a range of prescribed databases and organizing it into a simpler, easy-to-use medium, usually utilizing sum, average, mean, or median references.

Detailed explanation-3: -In its simplest form, data aggregation is the process of compiling typically [large] amounts of information from a given database and organizing it into a more consumable and comprehensive medium.

Detailed explanation-4: -Data aggregation is any process whereby data is gathered and expressed in a summary form. When data is aggregated, atomic data rows–typically gathered from multiple sources–are replaced with totals or summary statistics.

Detailed explanation-5: -For example, raw data can be aggregated over a given time period to provide statistics such as average, minimum, maximum, sum, and count. After the data is aggregated and written to a view or report, you can analyze the aggregated data to gain insights about particular resources or resource groups.

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