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Which one of the following refers to the systematic and scientific approach of analyzing data to gain insights, make informed decisions, and drive actions.  A. Statistics  B. Data Science  C. Analytics  D. Business Decisions

Question

Which one of the following refers to the systematic and scientific approach of analyzing data to gain insights, make informed decisions, and drive actions.  A. Statistics  B. Data Science  C. Analytics  D. Business Decisions

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Solution

The answer is B. Data Science. Data Science refers to the systematic and scientific approach of analyzing data to gain insights, make informed decisions, and drive actions. It involves various disciplines like statistics, machine learning, data visualization, computer science, etc., to extract knowledge and insights from structured and unstructured data.

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