Describe the importance of data in analytics


Assignment:

1. How do you describe the importance of data in analytics? Can we think of analytics without data? Explain.

2. Considering the new and broad definition of business analytics, what are the main inputs and outputs to the analytics continuum?

3. Where do the data for business analytics come from? What are the sources and the nature of those incoming data?

4. What are the most common metrics that make for analytics-ready data?

5. What are the main categories of data? What types of data can we use for BI and analytics?

Write the above in one page

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Data Structure & Algorithms: Describe the importance of data in analytics
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