Data science involves working with both structured and unstructured data. Predictive analytics is also incorporated into the algorithms. Data science is thus entirely concerned with the present and future. That is, identifying patterns that can be modeled and utilized for predictions to determine how things might turn out in the future, as well as discovering trends based on previous data that might be relevant for decisions made today.
Data science is a combination of business, tool, and statistical expertise. Because of this, it is crucial for a data scientist to have solid knowledge and comprehension of these.
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