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What is the importance of data analysis?

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in Data Science by (55.6k points)

Can anyone tell me what is the importance of data analysis?

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Data analytics is important because it:

  • Helps in identifying the ideal customers
  • Helps in optimizing customer engagement
  • Helps in reducing substantial costs
  • Helps in monitoring the reputation of the company

I recommend these Data Analytics Courses by Intellpaat if you are interested in Data Analytics.

Also, watch this video on Data Analysis with Python:

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