What kinds of problems does a data analyst solve?


#1

Question

In the context of this lesson, what kinds of problems does a data analyst solve?

Answer

The types of problems that data analysts work on can depend on different things, such as the context of the field they are working in, which can include finance, e-commerce, real estate, and many different fields that data plays an important part in.

For example, in the context of business, some common types of problems that data analysts work on are discovering trends in the data to choose the best course of action and strategies to provide the most benefit to a company.

Or, in the context of e-commerce companies, data analysts may try to figure out what ads to show that will have the highest click rate, based on user habits and preferences.

In addition, data analysts in the field of real estate may be determining the price of houses in 5 or 10 years from now, based on current data and trends.