Stream of Knowledge

 Understanding data analysis The 21st century is the century of information. We are living in the age of information, which means that almost every aspect of our daily life is generating data. Not only this, but business operations, government operations, and social posts are also generating huge data. This data is accumulating day by day due to data being continually generated from business, government, scientific, engineering, health, social, climate, and environmental activities. In all these domains of decision-making, we need a systematic, generalized, effective, and flexible system for the analytical and scientific process so that we can gain insights into the data that is being generated. In today's smart world, data analysis offers an effective decision-making process for business and government operations. Data analysis is the activity of inspecting, preprocessing, exploring, describing, and visualizing the given dataset. The main objective of the data analysis process is ...

1 . Question 1 The manage stage of the data life cycle is when a business decides what kind of data it needs, how the data will be handled, and who will be responsible for it. 1 / 1  point True False Correct During planning, a business decides what kind of data it needs, how it will be managed throughout its life cycle, who will be responsible for it, and the optimal outcomes. 2 . Question 2 A data analyst is working at a small tech startup. They’ve just completed an analysis project, which involved private company information about a new product launch. In order to keep the information safe, the analyst uses secure data-erasure software for the digital files and a shredder for the paper files. Which stage of the data life cycle does this describe? 1 / 1  point Archive Plan Manage Destroy Correct This describes the destroy phase, during which data analysts use secure data-erasure software and shred paper files to protect private information. 3 . Question 3 ...