Statistical Methods for Data Science
Data compression is the process of reducing the size of a data file by encoding information more efficiently. This technique is crucial in making data storage and transmission more efficient, allowing for quicker access and lower costs. By compressing data, we can manage high-dimensional datasets and improve the performance of algorithms, particularly in techniques that involve dimensionality reduction, like Principal Component Analysis.
congrats on reading the definition of data compression. now let's actually learn it.