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Elements of Data Analysis

The methodical process of looking over, classifying, and analyzing unprocessed data in order to get valuable insights and aid in decision-making is known as data analysis. Data collection, cleansing, investigation, transformation, and visualization are some of the procedures involved. Methods range from sophisticated machine learning models to simple descriptive statistics. In a variety of industries, including business, healthcare, agriculture, and finance, data analysis aids in trend identification, hypothesis testing, and outcome optimization.