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.
Predictive analysis, a type or extension of predictive analysis, is used to recommend or predict certain actions when certain information states are reached or conditions are met.
Master Data Management (MDM) provides a unified view of data across multiple systems to meet the analytics needs of a global enterprise. Whether MDM identifies customers, products, suppliers, locations, or other important attributes, MDM creates single images of master and reference data.
MongoDB is a cross-platform, open-source database that uses a document-oriented data model rather than a relational database structure based on a traditional table.
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