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.
Financial analytics, also known as financial analytics, provides different perspectives on financial data related to a particular business, providing insights that will facilitate strategic decisions and actions that will improve the overall performance of the business.
Data mining is ultimately the process of analyzing hidden data patterns according to different perspectives for grouping useful information, collected and consolidated in common areas such as data warehouses, data mining algorithms, facilitating business decision-making, and other information requirements, in order to reduce costs and increase profits.
Dark Data is the name given to data that companies collect but is not used, analyzed, or evaluated.
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