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Smart businesses rely on quality data to stay on top of their game. The average business may be disadvantaged without access to data and data analytics. To analyze data adequately requires practical knowledge of the different forms of data analysis, including text, statistical, predictive, prescriptive, and diagnostic analysis, as well as the right order of steps to follow in doing so. Here, we give a rundown of seven core data analysis steps below: Establish the objective of the data analysis process and lay a strategy to collect and aggregate the data.