data analysis options
Data analysis options refer to the various methods and techniques used to interpret and extract insights from data. Common options include descriptive analysis, which summarizes data characteristics, and inferential analysis, which makes predictions or generalizations about a population based on a sample. Other methods include predictive analysis, which uses historical data to forecast future trends, and prescriptive analysis, which recommends actions based on data insights.
Additionally, data visualization tools, such as charts and graphs, help present data in an easily digestible format. Statistical software like R and Python libraries can facilitate complex analyses, while spreadsheets offer user-friendly options for basic data manipulation.