For understanding business analytics its very much essential to understand the life cycle process of analytics.
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It typically includes six major steps:-
- Data Creation
- Data Cleansing & Standardization
- Data quality checks
- Analysis & reporting
- Dash board development
- Research
After this it is must to understand that what exactly the analytics addresse.
Analytics address the fallowing things :-
- Analyses the past
- Optimise the present
- Predict the future
- Test assumption

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