The What and How of Data Analysis

In this paper, we discuss about what and how of data science and data analysis: i.e., the approach and the mechanism that analysts employ while working with data. A Philosophical approach to analysis of data and data science has been undertaken those peeks into the conceptual world of aspects of the epistemology of data science. The paper also highlights the role played by analysts, tools, and specialized techniques that analysts employ in data science to derive insights from data. The discussion demonstrates the complexities associated with data science, and by what mechanism and how organizations and businesses draw insights that constitute the real value of data, and that which lay hidden deep within datasets constituting as a form of resource and asset for the organizations.