FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -Data analytics techniques enable a business to take raw data and uncover patterns to extract valuable insights. As a result, data analysis helps companies make informed decisions, create a more effective marketing strategy, improve customer experience, streamline operations, among many other things.

Detailed explanation-2: -A trend is the general direction of a price over a period of time. A pattern is a set of data that follows a recognizable form, which analysts then attempt to find in the current data. Most traders trade in the direction of the trend. Traders who go opposite the trend are called contrarian investors.

Detailed explanation-3: -Data analytics involves combing through massive datasets to reveal patterns and trends, draw conclusions about hypotheses, and support business decisions with data-based insights.

Detailed explanation-4: -Review of Data Trends and Patterns Every dataset is unique, and the identification of trends and patterns in the underlying data is important. If a business wishes to produce clear, accurate results, it must choose the algorithm and technique that is the most appropriate for a particular type of data and analysis.