1811analysePTen-GBDaLiCo Glossary active approvedrefers to all activities for gaining insight from data. This includes the ability to analyse structured and unstructured data using appropriate tools like text-mining, natural language processing, machine learning and advanced statistics (e.g., inferential view of data, linear regression, decision trees).

Source: DaLiCo Team (2022).

]]>"Data analysis is a process of inspecting, cleansing, transforming, and modelling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively."

Source: Wikipedia contributors. (2022, February 10). Data analysis. Wikipedia, The Free Encyclopedia.
Online: https://en.wikipedia.org/w/index.php?title=Data_analysis&oldid=1071098849

Wikipedia subsumes all steps of generating insights from data to the term data analysis. In DaLiCo Dimensions this is subsumed in the frame data understanding. Analyse applies to the actual activities of analysing structured and unstructured data using natural language processing methods and statistical methods. 

 

 

]]>refers to all activities for gaining insight from data. This includes the ability to analyse structured and unstructured data using appropriate tools like text-mining, natural language processing, machine learning and advanced statistics (e.g., inferential view of data, linear regression, decision trees).

Source: DaLiCo Team (2022).

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