What type of analysis focuses on uncovering hidden patterns in data? 🔊
The type of analysis that focuses on uncovering hidden patterns in data is typically referred to as data mining. This process applies statistical and computational techniques to large datasets to discover relationships, correlations, and trends that would not be apparent through traditional analysis. Data mining is widely used across various fields, including marketing, finance, and healthcare, to inform decision-making and improve predictions. By extracting valuable insights from raw data, organizations can enhance their strategies and drive business growth.
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