What we are referring to when we say Data analytics and Data analysis?
3 Answers
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- Data analytics is the broad field of using data and tools to make business decisions.
- Data analysis, a subset of data analytics, refers to specific actions.
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Data Analytics involves the tools and resources used for data analysis. Data Analysis is the work itself of analysing data.
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Data Analysis:
- Examines, cleans, transforms and models data to derive insights.
- Involves techniques such as descriptive statistics, data visualization, and exploratory data analysis.
- A broader term that encompasses the entire process of examining and interpreting data.
Data Analytics:
- Uses advanced techniques and tools to analyze large and complex datasets.
- Involves methods like machine learning, statistical modeling, and data mining.
- Specialized field that focuses on uncovering hidden patterns, correlations, and insights from data.