Correlation analysis refers to the application of statistical analysis and other mathematical techniques to evaluate or measure the relationships between variables. It can be used to identify the most likely set of factors that will lead to a particular outcome — such as a client responding to an offer or the performance of financial markets.
Data Modelling means data analysis in its simplest form. It is one of the best ways to understand, store and manage data. It is made by data scientists and modelers.
Product lifecycle management refers to the examination of a product as it goes through certain stages of its lifecycle.
It is a three-step integration process used by companies to combine and synthesize raw data from many data sources into a data warehouse, data lake, data warehouse, relational database, or other application.
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