Data Science and Analytics Insights

Data science is a rapidly growing field that interprets vast amounts of data for businesses. The digital revolution has led to an unprecedented increase in data creation, with over 90% of existing data generated in the last decade. This growth presents opportunities and challenges, as businesses can significantly benefit from data accessibility, yet face a shortage of skilled data scientists. The field promises to revolutionize industries, offering lucrative career opportunities. Educational programs are available to equip individuals with the necessary skills to thrive in this dynamic industry.

What is the primary goal of data science?

• To store data securely

• To create new data

• To interpret data for businesses

• To eliminate data

What percentage of the world's data was created in the last decade?

• 50%

• 70%

• 90%

• 100%

By what year is every human expected to create over 1.5 megabytes of data per second?

• 2030

• 2018

• 2020

• 2025

What is the expected total of digital data by 2025?

• 200 Zeta bytes

• 180 Zeta bytes

• 150 Zeta bytes

• 100 Zeta bytes

What was the estimated revenue increase for a Fortune 1000 company with a 10% increase in data accessibility?

• $80 million

• $100 million

• $65 million

• $50 million

How much could healthcare costs in the US be reduced annually with better utilization of big data?

• $300 billion

• $400 billion

• $200 billion

• $100 billion

What percentage of data produced is actually analyzed?

• 50%

• 0.5%

• 25%

• 10%

By 2018, how many professionals with deep analytical skills were estimated to be in shortage in the US?

• 50,000

• 200,000

• 100,000

• 150,000

What is the average salary of a data scientist with machine learning skills?

• $70,000

• $80,000

• $90,000

• $100,000

What is one of the benefits of signing up for the data science course mentioned?

• Lifetime access to all courses

• 96 hours of interactive online sessions

• Guaranteed job placement

• Free travel vouchers