What is Data Science and why is it important?

[archijain931]

Data Science is a multidisciplinary field that involves extracting insights and knowledge from structured and unstructured data. It encompasses various techniques, including statistics, machine learning, data mining, and visualization, to analyze complex datasets and make informed decisions.
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[ragini121]

Data Science is the interdisciplinary field that extracts insights and knowledge from vast and complex datasets through various techniques like statistics, machine learning, data mining, and visualization. It's crucial because it enables organizations to uncover patterns, trends, and correlations in data, leading to informed decision-making and strategic planning. By harnessing the power of Data Science, businesses can optimize processes, improve efficiency, identify opportunities, and gain a competitive edge in today's data-driven world.