Introduction:
Data Analysis is the process of collecting and transforming data into useful information through statistical and logical methods to extract meaning and insights to make better decisions. Organisations both large and small are leveraging data to make informed decisions and drive success. They are harnessing the power of data analysis to gain insights, optimize operations, and predict future trends. It’s all about extracting meaningful information from data sets to support strategic planning. The goal is to collect, clean, analyze, and interpret data to make informed and effective decisions.
Aim
In this course, we will explore the importance and uses of data analysis including how it can inform decision making, policy making and governance, scientific advancement, risk management and mitigation. We will also discover how it can assist with performance evaluation, problem solving, identifying opportunities, resource optimisation, continuous improvement and predictive analysis.