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Data-Analysis

# DATA Analysis: First of all, we need to undersatand, what is meant by **DATA ANALYSIS**: * Consider a senario, you have a shop, everyday you selling your glossories with different rates. Next month, inflation is being increased by 10%, that means net prices also to be changed. You have a last month and current month data. So, According you data you got that the product **A**, previous price 20$ and Now 25$, last profit 4% and now 3.7%. 0.3% reduction in your profit according to inflation. Because logistic to inventory rate chnaged. `Data analysis is a process of inspecting, cleansing, transforming and modeling data with the goal of discovering useful information, informing conclusions and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively.`[1] [1]:(Xia, B. S., & Gong, P. (2015). Review of business intelligence through data analysis. Benchmarking, 21(2), 300-311. doi:10.1108/BIJ-08-2012-0050)

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