3.4 Stages of data analysis Flashcards

1
Q

What do we mean when we say Identify the need?

A
  • What info is needed?
  • What are we trying to find out?
  • Set objectives
  • Need to ask the right questions to get the right info.
  • Questions should be measurable, clear and concise.
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2
Q

What do we mean when we say define the scope?

A
  • Decide what to measure.
  • Example: content, details, budget, timescales, constraints.
  • You need to consider the kind of data you would need to answer your key question.
  • Decide how to measure: key questions: what is your time frame? what is your unit of measurements and what factors should be included?
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3
Q

What do we mean when we say identify potential sources?

A

Examples: sales figures and customer surveys

  • Need to make sure information sources are suitable
  • Before developing plans to collect new data, identify what data sets are already available.
  • Sources can be internal and external
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4
Q

What do we mean when we say source and select information?

A

Examples: determine accuracy and reliability of sources, selecting the best.

  • Unsuitable info is excluded
  • Collect data from existing sources first and then determine the new data that needs to be collected.
  • Verify the trustworthiness and validity of the sources.
  • Determine file storing and naming system - this process saves time and prevents team members from collecting the same info twice.
  • Need to gather data via observation or interviews, then develop interview templates ahead of time to ensure consistency and save time.
  • Keep collected data organised in a log with collection dates and add any source notes - this practice validates conclusion
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5
Q

What do we mean when we say select the most appropriate tools?

A

Examples: charts, graphs, regression, trend analysis

  • Number of ways to present information - charts/graphs provide visual display making patterns easier to identify.
  • Regression analysis - considers how changing one of many different variables affects an outcome.
  • Trend analysis - used to find patterns over time.
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6
Q

What do we mean when we say process and analyse data?

A

Manipulate data in detail
- sort and filter data
- analyse trends
Answer the question set out at the start or collect more data if needed

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7
Q

What do we mean when we say record and store information?

A

Example: write a report based on the results of the processing
- This is where you interpret and record your results
- As you interpret the results of your data, ask yourself key questions:
Does the data answer your original question? How?
Does the data help you defend against any objections? How?
Are there any limitations on your conclusions, any angles you havent considered?
- If all of these have been considered you are likely to have come to a productive conclusion.

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8
Q

What do we mean when we say share results?

A

Example: send the report to stakeholders

- Report key findings to meet the needs of different stakeholders groups

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9
Q

What is the purpose of data analysis?

A
  • To find answers to questions that will be based on good quality information from carefully selected and sourced data.
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