Business Data Science

Abstract

Data science is a combination of various tools, algorithms and machine learning principles aimed at discovering hidden patterns of raw data. As you can see in the image above, a data analyst usually describes what is happening by processing the data history. Data scientists, on  the other hand, not only perform exploratory analysis  to discover  insights, but also use various advanced machine learning algorithms to detect the occurrence of a particular event in  the  future. A data  scientist  looks  at data  from different angles,  sometimes  from  angles that  have  not  been  addressed  before. Thus,  data  science  is  primarily  used  for  decision making and prediction using causal  analysis  (prediction), prescriptive analysis  (prediction plus decision making), and machine learning.