Main Purpose Of Data Science - PowerPoint PPT Presentation

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Main Purpose Of Data Science

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Purpose of Data Science The primary objective of data science is to identify patterns in data. It analyzes the data and derives insights using a variety of statistical techniques. A data scientist must carefully examine the data after extraction, wrangling, and pre-processing. He then has the duty of extrapolating predictions from the data. A data scientist's objective is to draw inferences from the data. He can help businesses make wiser business decisions thanks to these conclusions. – PowerPoint PPT presentation

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Updated: 16 November 2022
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Title: Main Purpose Of Data Science


1
MAIN PURPOSE OF DATA SCIENCE
LEARNBAY.CO
2
Data Science for
MARKETING
Businesses use data to evaluate their marketing
strategies and create more potent
advertisements. Large quantities of money are
routinely spent by businesses to promote their
products. This might not always result in what
you want. As a result, firms can create more
robust ads by researching and assessing customer
feedback. This is achieved by extensive research
on how customers behave online. The company can
also obtain more significant insights into the
market by monitoring customer patterns.
Companies, therefore, need data scientists to
assist them in making informed choices about
marketing strategies and advertising.
3
Data Science for
CUSTOMER ACQUISITION
Data scientists enable organizations to acquire
customers by studying their needs. This enables
businesses to create items most suited to their
target clients' needs. Data holds the key to
improving how well organizations understand
their clients. As a result, the role of a data
scientist in this context is to enable
businesses to identify customers and support
them in meeting their needs.
4
Data Science for
INNOVATION
  • Companies produce excellent ideas with an
    abundance of data. By examining and developing
    insights from conventional inside designs, data
    scientists contribute to product innovation.
  • They use this to help companies produce goods
    that match customer reviews and remarks.

5
Data Science for
ENRICHING LIVES
Customer data is essential to improving their
lives. Healthcare companies use the data at
their disposal to help their clients on a daily
basis. Data scientists are employed in these
types of businesses to analyze personal data and
medical histories to create products that
address customer issues.
6
THANK YOU
To Know More Visit www.learnbay.co
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