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Hi my name is Will and im going to give you a step-by-step guide to the data analysis process, lets go! in this video were going to go through the five key stages of the data analysis process were going to give you an overview and an introduction to each of these stages as well as looking at some of the tools youll use to undertake these stages so lets dive into step one defining the question the first step in your data analysis process or any data analysis process is to define your objective in data analytics terms this is called the problem statement defining your objective means coming up with a hypothesis and figuring out how exactly to test it you can start by asking what business problem am i trying to solve now i know this might sound straightforward but it can actually be trickier than it seems for instance your organizations senior management might pose a question such as why are we losing customers its possible though that this doesnt get