In this lecture of Data Mining lecture series
This course is designed keeping in mind DATA MINING AND BUSINESS INTELLIGENCE subject offered in Gujarat Technological University (GTU)
REPORTING VS ANALYSING
Reporting: The process of organizing data into informational summaries in order to monitor how different areas of a business are performing. Reporting includes building, configuring, consolidating, organizing, formatting, and summarizing.
Analysis: The process of exploring data and reports in order to extract meaningful insights, for better understanding and improvement in performance
DATA LIFE CYCLE
Stages of DATA LIFE CYCLE
Generation
Maintenance
Usage
Publication
Archiving
Deletion of copies
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