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Data science involves collecting, processing, analyzing, and interpreting large volumes of data to uncover patterns, make predictions and inform decision-making. Statistics plays a major role in data science including data collection and cleaning, Exploratory Data Analysis (EDA), statistical analysis and modelling, statistical machine learning and predictive modelling and data visualization, and big data analytics. Data science has a wide range of applications across industries, including finance, healthcare, marketing, e-commerce, social media analysis and more. It plays a crucial role in data-driven decision-making, identifying opportunities, optimizing processes and developing innovative solutions based on insights derived from data.

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