how many main satisfied data methodologies are used in data analysis? ?
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Jul 27
There are three main satisfied data methodologies used in data analysis:
1. Descriptive analytics: This methodology involves summarizing and describing the data to gain insights into patterns, trends, and relationships within the data.
2. Predictive analytics: This methodology involves using statistical algorithms and machine learning techniques to make predictions about future outcomes based on historical data.
3. Prescriptive analytics: This methodology involves using optimization and simulation techniques to recommend actions that can help achieve specific business objectives based on the analysis of data.