Data is the Key - An Introduction
The word data is very common in our daily conversations. However, it must be noted that it is also one of the most powerful words in today's word. The world rotates around data and key decisions that make or mar the destinies of individuals, groups, organizations and nations are based on data. That is why data must be given a priority in every sphere of life. Without trying to sound so academic data is simply a collection of facts about an entity where an entity could be a person, place, event, object, organization or a nation. Humans collect and manipulate data with a view to taking decisions in various sphere of life. For example, a graduating high school student will collect data on some universities and colleges, analyse the data and then take a decision on applying for admission for undergraduate studies while an organization may collect data on its customers and competitors and take decisions on product offerings and prices....