What is Data?
Data is defined as raw facts, statistics, observations, or information gathered from various sources for analysis, processing, and decision-making. It can take several forms, including text, numbers, images, music, video, and sensor readings. Data is the foundation of AI, ML, analytics, and business intelligence systems.
In AI and machine learning, data is utilized to train models, identify trends, make predictions, and provide insights. Data quality, accuracy, and relevancy have a direct influence on AI systems' performance. Data is characterized as structured, unstructured, or semi-structured based on how it is organized and kept.
Example: Customer purchase records, website traffic logs, social media posts, and medical records are all forms of data.