Data Science makes use of scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. Data Science uses techniques and principles of Mathematics, Statistics, Computer Science, and Information Technology to get actionable insights from data. It is related to Data Mining, Machine Learning, and Big Data. Big Data Analytics is used to extract meaningful insights, such as hidden patterns, unknown correlations, market trends, and customer preferences. It has various advantages like usage in better decision-making and preventing fraudule.

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