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Data analysis is the process of in-depth research, study, classification, and evaluation of the available data for business. The purpose of data analysis mainly is to be able to take important decisions in business on the basis of the analysis. There are mainly two kinds of data analysis :
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Data analysis is the first and the most important task which is done before any business startup. It helps us to study the market and identify the pattern of the market demands with the available data. It is also one of the most important steps involved in a research programme. The results of data analysis are represented graphically with the help of bar graphs, line graphs, pie charts, etc.
There are two major types of classification in data analysis
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Data analysis is the first and the most important step in every job. It is important to study your data and analyze them well before taking a big decision. Data analysis also plays a major role in business to study the market. It helps to understand the public demand, identify the target audience, knowing trends, predict future trends, cut the production cost, and so on. It is really important to do the data analysis well before starting any business.
Data analysis being an important task in business, it also offers a lot of career opportunities in these days. There is a bright future awaiting for students who are good with data analysis. At allassignmentservices, we provide all sorts of data analysis assignment service to our clients for their academic improvement.
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