Data Visualization & Data Exploration

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What is Data Visualization?

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A technique used to represent data visually

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Why is Data Visualization important in business?

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It allows decision-makers to understand trends and make informed choices

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How does Data Exploration contribute to the data analysis process?

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It identifies key trends, patterns, and outliers in raw data

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What are the key benefits of using Data Visualization?

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Making data easy to understand, identifying trends, and enhancing decision-making

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What are some common types of visualizations used in Data Visualization?

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Pie charts, bar charts, line graphs, scatter plots, and maps

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How do Data Visualization and Data Exploration work together?

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Data Exploration uncovers insights, and Data Visualization presents them clearly

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What role does interactivity play in Data Visualization?

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It allows users to adjust how data is displayed by zooming, filtering, or exploring further

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What are the core principles of effective Data Visualization?

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Clarity, accuracy, simplicity, and aesthetics

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How does Data Visualization help in fraud detection in industries like finance?

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It helps identify unusual connections and patterns in transaction data for faster fraud detection

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What are some tools commonly used for creating Data Visualizations?

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Power BI, Tableau, D3.js, Plotly, Google Data Studio