Data Analysis

Data analysis is the process of systematically applying statistical or logical techniques to describe, summarize, and evaluate data. It involves inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis can take various forms, including descriptive analysis, which summarizes historical data; inferential analysis, which makes predictions or generalizations about a population based on sample data; diagnostic analysis, which identifies causes of outcomes; and prescriptive analysis, which suggests actions based on data-driven insights. It is commonly used in fields such as business, science, social science, and technology to derive insights from data sets and facilitate informed strategies and actions.