Research on Economic Value Evaluation of Data Analysis

Data analysis is an indispensable part for us to make inferences and decisions. Its key is to discover information that is of economic value to us from various complex data, further enhance our understanding of things, and then make Scientific and effective decision-making. This article uses information entropy and Bayesian methods to analyze the factors that affect the economic value of data analysis based on the mastery of the relevant theories of data analysis and the status quo of the relevant industries of data analysis. Through direct calculation of the economic value of data analysis and indirect calculation of information entropy, the economic value of data analysis can be reflected, so that people can more clearly judge the economic value of data analysis.