Last answered:

05 Dec 2022

Posted on:

29 Nov 2022

3

Resolved: Analytics Vs Analysis

Usually as a data scientist we use the past data to predict the future results , so then what it would be called? Analysis or Analytics?

1 answers ( 1 marked as helpful)
Instructor
Posted on:

05 Dec 2022

3

Hi Muhammad!

Thanks for reaching out.

So long as we are making predictions, we are technically into the sphere of doing analytics. When we do analysis, we are exploring events that have already occurred in the past (to obtain intuition, study patterns etc. but without necessarily having the notion of predicting).

Hope this helps.
Kind regards,
Martin

Submit an answer