COMPONENTS OF
DATA SCIENCE
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What Is Data Science? Finding patterns in data is the essence of data science. These patterns can be utilised to get business knowledge or to develop new product features. Both of these products of a data science study may help product teams distinguish their offers and give more value to consumers.
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Components of Data Science Data Strategy Data Engineering Data Analysis and Models Data Visualization and Operationalization
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Data Strategy Making a data strategy is as simple as deciding what data to collect and why. To choose a data strategy, you must first assess its relevance to your company's goals. Gathering data, presenting it appropriately, and deleting “garbage” data that doesn't serve your company's goals will take time and effort. Your team will identify data that is vital to your company goals and so worth collecting and sorting.
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Data Engineering Data Engineering is the use of technology and systems to access, organise, and utilise data. It includes creating software to solve data difficulties.Data science is impossible without data engineering. Finally, data engineering allows data to flow from the product to other stakeholders.
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Data Analysis and Mathematical Models A model is created to make a prediction using data. This is what science has always done. collect data and use Math or an algorithm to model a “system's” actions (perhaps both). Data analysis and mathematical modelling encompass the following: Computing Math & Statistics a domain (like healthcare) The scientific process & features of it.
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Visualization and Operationalization Data Visualization: 'Visualization is more than merely displaying data analysis results "correctly." With the help of the operations team, it is occasionally essential to delve back into the raw data and determine what should be shown. Data Operationalization: Operations research is about doing something with data; someone (or, occasionally, a machine) has to make a decision and/or take action based on the calculations.
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Thank You
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