What is Data Science?
Do you remember when you planned on opening a new branch of your Italian restaurant but couldn’t decide where to?
Imagine if you had a way to assess and compare different suburbs to identify where most recently, the Italian population started settling! That should be a promising place to open your new branch.
Or how about determining a reasonable and fair price for your house to sell, based on locality, prevailing rates, number of bedrooms, number of baths, or maybe that beautiful garden you have that no one else has!
By the simplest definition, Data Science is a process to extract meaning insight from raw data.
In 2013, a study discovered that about 90% of all data in the world is generated in the past two years. By estimates, End of the year 2020 will see the size of our digital universe expended to 44 zettabytes.
So, it begs the question, what can we do with all this data? How do we make it useful to us? How can we make use of this data to answer the questions we have and solve real-world problems? All these questions come under the domain of Data Science.
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