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Glossary / Lexicon

What does Data Driven mean?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Data Driven is a term that refers to a method of decision making that is based on data. With this method, data is used to make the best possible decision for a given problem. Data is used to identify certain trends that can lead to better outcomes. This is a popular method for achieving better results in many industries, including marketing, finance, and science.
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