Data Science encompasses the collection, analysis, interpretation, and visualisation of data to extract valuable insights and make informed decisions. It combines statistical techniques, Machine Learning algorithms, and domain expertise to uncover patterns, trends, and correlations within data. By leveraging data science, businesses can gain a competitive advantage, optimise operations, and drive growth.
Forecasting involves predicting future outcomes or trends based on historical data and patterns. By analysing past data and applying statistical techniques, businesses can make…