Data Concepts

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What is Big Data?

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Big Data refers to extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations.

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What is Business Intelligence?

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Business Intelligence (BI) refers to the technologies, applications, and practices for the collection, integration, analysis, and presentation of business information.

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What does ETL stand for?

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ETL stands for Extract, Transform, Load, which is a process used to integrate data from multiple sources into a single database.

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What is Data Warehousing?

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Data Warehousing is the process of collecting and managing data from various sources to provide meaningful business insights.

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What is Data Mining?

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Data Mining is the practice of examining large datasets to uncover hidden patterns, correlations, and insights.

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What is a Dashboard in Business Intelligence?

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A Dashboard in Business Intelligence is a visual representation of key performance indicators (KPIs) and metrics to help in decision-making.

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What is Predictive Analytics?

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Predictive Analytics is the use of statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data.

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What is a Data Mart?

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A Data Mart is a subset of a data warehouse that is focused on a specific business line or team, providing relevant data for analysis.

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What is Data Visualization?

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Data Visualization is the graphical representation of information and data, using visual elements like charts, graphs, and maps to make data easier to understand.

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What is the purpose of a Data Lake?

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A Data Lake is a centralized repository that allows you to store all your structured and unstructured data at any scale, enabling advanced analytics and machine learning.