1. What is Data Science? Data science is an interdisciplinary field that uses scientific methods, processes, algorithms, and systems to extract knowledge and insights from structured and unstructured data. In simpler terms, data science is about obtaining, processing, and analyzing data to gain insights for many purposes. 2. Why is Data Science Important? Data science has emerged as a revolutionary field that is crucial in generating insights from data and transforming businesses. It's not an overstatement to say that data science is the backbone of modern industries. But why has it gained so much significance? a. Data volume. Firstly, the rise of digital technologies has led to an explosion of data. Every online transaction, social media interaction, and digital process generates data. However, this data is valuable only if we can extract meaningful insights from it. And that's precisely where data science comes in. b. Value-creation. Secondly, data science