Glossary of Data Science and Data Analytics

What is Correlation Analysis?

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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.

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Discover Glossary of Data Science and Data Analytics

What is Synthetic Data Generation?

Synthetic data generation is the process of generating datasets that mimic the statistical properties and patterns of real data, but are completely artificially created.

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What is ELT?

ELT is the initials of the words “extract, load, and transform.” Indicates a data integration process that extracts, uploads, and transforms data from one or more sources into a repository such as a data warehouse or data lake.

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What is Cloud Migration?

Cloud migration, one of the most important components of digital transformation, is the process of moving an organization's existing data, applications, and infrastructure to a cloud-based environment.

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