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Let us first get a clear understanding of why Data Science is important. What is the need for Data Science? If we look at history, the data that was generated earlier was primarily structured and small in its outlook. A simple usage of BusinessIntelligence (BI) would be enough to analyze such datasets.
Data science professionals are in high demand in areas such as banking, healthcare, and e-commerce. According to the Bureau of Labour Statistics, data science employment will grow by 27.9% Salary Mid-level data scientists earn an average salary of USD 130,000 to USD 195,000 (Rs. 1 crore on average).
Data is information, and information is power.” ” Radi, data analyst at CENTOGENE. The Big data market was worth USD 162.6 billion by 2026 at a CAGR of 11.10%. Big data enables businesses to get valuable insights into their products or services. Explain the data preparation process.
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