Overview
The measure of data's fitness for its intended purpose based on accuracy, completeness, consistency, and timeliness.
More in Data Science & Analytics
Prescriptive Analytics
Applied AnalyticsAdvanced analytics that recommends specific actions to achieve desired outcomes based on predictive analysis.
Network Analysis
Statistics & MethodsThe study of graphs representing relationships between discrete objects to understand network structure and dynamics.
OLAP
Statistics & MethodsOnline Analytical Processing — a category of software tools enabling analysis of data stored in databases for business intelligence.
Exploratory Data Analysis
Statistics & MethodsAn approach to analysing datasets to summarise their main characteristics, often using statistical graphics and visualisation.
Correlation Analysis
Statistics & MethodsStatistical analysis measuring the strength and direction of the relationship between two or more variables.
Data Product
Statistics & MethodsA reusable, well-documented, and managed dataset or analytical asset created to serve specific business needs, treated with the same rigour as software products.
Data Science
Statistics & MethodsAn interdisciplinary field using scientific methods, algorithms, and systems to extract knowledge and insights from structured and unstructured data.
Business Analytics
Statistics & MethodsThe practice of iterative exploration of organisational data to drive business planning and decision-making.