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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:10.55041/IJSREM32049

The impact of data visualization technique on decision making in business analytics

Stream/Area:

-

Subject:

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Paper ID:

10.55041/IJSREM32049

Volume:

8 |

4 |

Apr 2024

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
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10.55041/IJSREM32049

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

V

Vaibhav

PDB

Prof Diksha Bisht

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Abstract

Data visualization plays a crucial role in the field of business analytics, significantly influencing decision-making processes. By presenting complex data in a visually appealing and easily understandable format, data visualization helps stakeholders and decision-makers to identify patterns, trends, and insights that would otherwise go unnoticed. This, in turn, aids in making informed decisions, improving business performance, and achieving strategic goals. Data visualization has emerged as a critical tool in the realm of business analytics, revolutionizing the way organizations interpret, analyse, and make decisions based on data. In an era inundated with vast amounts of data, the ability to transform complex datasets into meaningful visual representations has become indispensable for businesses seeking to gain actionable insights. This introduction will delve into the profound impact of data visualization on decision-making in business analytics, exploring its role in enhancing comprehension, facilitating communication, and driving strategic outcomes. Enhancing Comprehension: One of the primary advantages of data visualization is Its ability to distil intricate datasets into intuitive visuals that are easily understandable to stakeholders across various levels of an organization. Unlike traditional tabular formats or raw data sets, visual representations such as charts, graphs, and dashboards offer a more accessible means of interpreting complex information. By leveraging graphical elements such as colour, shape, and size, data visualization enables users to discern patterns, trends, and correlations that might otherwise remain obscured within the data. This enhanced comprehension empowers decision-makers to grasp key insights swiftly and make informed judgments based on a comprehensive understanding of the underlying data. Facilitating Communication: Effective communication of insights derived from data analysis is essential for driving alignment and informed de

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Cite This Article

Vaibhav, Prof Diksha Bisht, "The impact of data visualization technique on decision making in business analytics," International Journal of Scientific Research in Engineering and Management, vol. 8, no. 4, Apr 2024. https://doi.org/10.55041/IJSREM32049

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12/31/45409

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Double-Blind Peer Review

Review Rounds: 2

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