Understanding Statistical Data Types

“Data is the new oil” — but just like several types of oil exist, so do several types of data

Introduction

“Data is the new oil” — a phrase coined in 2006 which took the world by storm.

Wants some shocking facts? Over 90% of all data in the world was created in the last two years. If you burned all the data generated in a day onto CDs, that stack could reach …

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