Preparing Data for Analysis

Transforming data into a prescribed format by following a defined procedure is a prerequisite for analyzing information and obtaining useful results from it. An organization has various departments, such as Marketing & Sales, Finance, and Human Resources (HR). The Managers in these departments need to frequently make
plans for creating the business schemes.

Preparing data for analysis includes the following steps:

• 1. Collect data from various sources.

• 2. Refine the data collections to obtain the information .
• 3. Evaluate the information .