D - Definitions

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  • D

    data exploration

    Data exploration is the first step in data analysis involving the use of data visualization tools and statistical techniques to uncover data set characteristics and initial patterns.

  • data mining

    Data mining is the process of sorting through large data sets to identify patterns and relationships that can help solve business problems through data analysis.

  • data sampling

    Data sampling is a statistical analysis technique used to select, manipulate and analyze a representative subset of data points to identify patterns and trends in the larger data set being examined.

  • decision-making process

    A decision-making process is a series of steps one or more individuals take to determine the best option or course of action to address a specific problem or situation.

  • deep analytics

    Deep analytics is the application of sophisticated data processing techniques to yield information from large and typically multi-source data sets comprised of both unstructured and semi-structured data.

  • What is data curation?

    Data curation is the process of creating, organizing and maintaining data sets so people looking for information can access and use them.

  • What is data preparation? An in-depth guide

    Data preparation is the process of gathering, combining, structuring and organizing data for use in business intelligence, analytics and data science applications, as explained in this guide.

  • What is data science as a service (DSaaS)?

    Data science as a service (DSaaS) is a form of outsourcing that involves the delivery of information gleaned from advanced analytics applications run by data scientists at an outside company to corporate clients for their business use.

  • What is data visualization?

    Data visualization is the practice of translating information into a visual context, such as a map or graph, to make data easier for the human brain to understand and pull insights from.

  • What is days sales outstanding (DSO)?

    Days sales outstanding (DSO) measures the average time it takes a business to collect payments after a sale.

  • What is decision intelligence?

    Decision intelligence is an emerging field that combines data science, artificial intelligence (AI) and decision theory to improve organizational decision-making.