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 are Database Management Systems?

Database management system (DBMS) is software in which data is stored and managed in a secure, fast and easily accessible way.

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What is Data Replication?

Data replication is the process of moving data from one place to another, copying it, or storing data in more than one place at the same time.

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What is a Data Warehouse (DWH)?

A data warehouse (often abbreviated as DW or DWH) is a centralized “data warehouse” capable of integrating a variety of sources. It provides a separate environment from operational systems.

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