Data analysis is important to businesses will be an understatement. In fact, no business can survive without analyzing available data.
Data analysis can offer the following benefits:
Structuring the findings from survey research or other means of data collection
Break a macro picture into a micro one
Acquiring meaningful insights from the data set
Basing critical decisions from the findings
Ruling out market bias through proper statistical treatment
So next time, when you are asked 'what is the importance of data analysis, this should help you.
MAIL US: marketrain@gmail.com
CLICK HERE 1994-1995
CLICK HERE 1995-1996
CLICK HERE 1996-1997
CLICK HERE 1997-1998
CLICK HERE 1999-2000
CLICK HERE 2000-2001
CLICK HERE 2001-2002
CLICK HERE 2002-2003
CLICK HERE 2003-2004
CLICK HERE 2004-2005
CLICK HERE 2005-2006
CLICK HERE 2006-2007
CLICK HERE 2007-2008
CLICK HERE 2008-2009
CLICK HERE 2009-2010
