Nominal Data

The idea of nominal data is to label variables without providing any quantitative value. Because the numbers used to label the variables are taken from a single set, the interpretation of these data can be difficult.Multiple sets of data can yield multiple interpretations of the same phenomena. For example, if […]

What Is a Data Model?

Data modeling is a concept that can be used to describe the relationships between data elements. Data modeling is an important part of the data science process and is an approach to executing business intelligence (BI) and analytics. In a BI system, there are three components that form a complex […]

What Is Data Governance?

Data Governance is a complex subject. The term is a bit vague because there are different types of Data. Data is generally understood to mean information which can be used for business purposes. However, it can also refer to any information that can be used to understand and predict the […]