Question

__________ involves analyzing a large amount of data to extract knowledge and insight, leading to actionable decisions.

Answer 1

Answer:

Data Analytics

Explanation:

Data analytics involves analyzing a large amount of data to extract knowledge and insight, leading to actionable decisions.

The techniques used in data analytics are both qualitative and quantitative. It aids to transfer raw data into a useful form which can be of good use in making critical business decisions. It combines the power of business wisdom,speed, insight, data and information

Answer 2

"Data Analytics " is the correct answer. The further explanation is given below.

Explanation:

• Data analysis or analytics requires the study of a vast volume of data to gain information and perspective, contributing to implementable judgments. The methods used throughout data processing would both be primary data and secondary data.
• It helps to convert relevant data to either a functional type that could be of considerable use when making strategic business judgments. Leverages the functionality of corporate knowledge, acceleration, depth of understanding, information, and records.

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